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The Coronavirus Aid, Relief, and Economic Security Act, or the CARES Act, is an economic law designed to address the financial impact of the COVID-19 pandemic.
But how does this act provide support for entrepreneurs and business owners?
Today, Kyle Malmstrom joins Ernst & Young partner Ken Van Damme to provide an update on the CARES Act and what its provisions mean for business owners and ultra high-net-worth individuals.
In this episode, you will learn:
- Business planning considerations for the Paycheck Protection Program
- Ways the CARES Act is impacting the real estate industry, owners, and operators
- How Net Operating Loss (NOL) carry-back provisions can benefit business owners
- How the CARES Act is enhancing charitable contributions and retirement plans
- And more!
Tune in now for your update on the CARES Act and the provisions that you need to know about!
Resources: Centura Wealth Advisory | Ken Van Damme | Ernst & Young