Congress’s CARES Act has many potential benefits for companies under 500 employees. We have worked to tailor a detailed outline of the legislation, originally produced by the National Retail Federation. The NRF represents and lobbies on behalf of many thousands of independent retailers, restaurants, and big companies, giving them a strong and diverse body of work.
The DLN believes that it will prove important for companies to work with their financial advisors, accountants, lawyers and bankers to take full advantage of the various legislation being passed in response to COVID-19. We believe it will be a worthy investment of time to understand how acts like CARES apply to your business, and to follow up based on your situation. We hope our overview helps you get a strong start on this effort.