Are You A Veteran Concerned About Your CARES Act and other COVID 19 related Benefits?
The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was passed by congress and signed into law March 27, 2020. The 2020 CARES Act is unprecedented in size and scope, the legislation is the largest-ever economic stimulus package in U.S. history. Did you know? Pandemic Unemployment Assistance (PAU) may be available to you even if you were self-employed or unemployed this year. Act now to secure your benefits!
But, do you know what YOU are entitled to?
Do you have specific questions regarding your benefits? We can help! We can provide an individualized analysis of your situation to see what benefits you may be able to qualify for.
Good News for Non-Profits!
The CARES Act establishes a new, above-the-line deduction for charitable contributions of up to $300. This applies to contributions made in 2020 and would be claimed on tax forms next year. The Act also lifts the existing cap on annual contributions for those who itemize, raising it from 60 percent of adjusted gross income to 100 percent. For corporations, the bill raises the annual limit from 10 percent to 25 percent. Every donation you make goes directly to help Veterans in need.