{"id":1887,"date":"2020-05-05T14:19:00","date_gmt":"2020-05-05T14:19:00","guid":{"rendered":"https:\/\/proadvisorcpa.com\/what-you-need-to-know-about-the-cares-act"},"modified":"2023-06-17T17:21:43","modified_gmt":"2023-06-17T17:21:43","slug":"what-you-need-to-know-about-the-cares-act","status":"publish","type":"post","link":"https:\/\/www.proadvisorcpa.com\/blog\/what-you-need-to-know-about-the-cares-act","title":{"rendered":"What You Need to Know About The CARES Act"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1887\" class=\"elementor elementor-1887\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1e587bd elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"1e587bd\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div 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data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_offset&quot;:75,&quot;sticky_offset_tablet&quot;:100,&quot;sticky_offset_mobile&quot;:65,&quot;type&quot;:&quot;horizontal&quot;,&quot;relative_to&quot;:&quot;entire_page&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;],&quot;sticky_effects_offset&quot;:0}\" data-widget_type=\"progress-tracker.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor-pro - v3.21.0 - 24-04-2024 *\/\n.elementor-scrolling-tracker{--scrolling-track-default-progress-color:#61ce70;--scrolling-track-default-color:#eee;--scrolling-track-precentage-default-color:$black}.elementor-scrolling-tracker-horizontal{display:flex;width:100%;height:var(--horizontal-height,20px);padding:var(--tracker-padding);align-items:center;border-left:var(--horizontal-border-left-width,2px) var(--horizontal-border-style) 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elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6263fe7 elementor-widget elementor-widget-global elementor-global-2498 elementor-widget-template\" data-id=\"6263fe7\" data-element_type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"section\" data-elementor-id=\"2105\" class=\"elementor elementor-2105\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-793c31e3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"793c31e3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5f6e019b\" data-id=\"5f6e019b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-61aef037 elementor-widget elementor-widget-post-info\" data-id=\"61aef037\" data-element_type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/www.proadvisorcpa.com\/wp-content\/plugins\/elementor\/assets\/css\/widget-icon-list.min.css\"\/><link rel=\"stylesheet\" href=\"https:\/\/www.proadvisorcpa.com\/wp-content\/plugins\/elementor-pro\/assets\/css\/widget-theme-elements.min.css\"\/>\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-578c5f0 elementor-inline-item\" itemprop=\"about\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-list-alt\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-terms\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-post-info__terms-list\">\n\t\t\t\t<a href=\"https:\/\/www.proadvisorcpa.com\/blog\/category\/bookkeeping\" class=\"elementor-post-info__terms-list-item\">Bookkeeping<\/a>, <a href=\"https:\/\/www.proadvisorcpa.com\/blog\/category\/finance\" class=\"elementor-post-info__terms-list-item\">Finance<\/a>, <a href=\"https:\/\/www.proadvisorcpa.com\/blog\/category\/payroll\" class=\"elementor-post-info__terms-list-item\">Payroll<\/a>, <a href=\"https:\/\/www.proadvisorcpa.com\/blog\/category\/taxes\" class=\"elementor-post-info__terms-list-item\">Taxes<\/a>\t\t\t\t<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-b86939b elementor-inline-item\" itemprop=\"about\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-tags\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-terms\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-post-info__terms-list\">\n\t\t\t\t<a href=\"https:\/\/www.proadvisorcpa.com\/blog\/tag\/business-owners\" class=\"elementor-post-info__terms-list-item\">Business Owners<\/a>, <a href=\"https:\/\/www.proadvisorcpa.com\/blog\/tag\/spotlight\" class=\"elementor-post-info__terms-list-item\">Spotlight<\/a>\t\t\t\t<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-d6f3ac7 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-calendar\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>May 5, 2020<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d8c29e elementor-widget elementor-widget-shortcode\" data-id=\"7d8c29e\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-shortcode\">[wpbread]<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4646e9cf elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"4646e9cf\" data-element_type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 25-04-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\">What You Need to Know About The CARES Act<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1d687f21 elementor-author-box--avatar-yes elementor-author-box--name-yes elementor-author-box--link-no elementor-widget elementor-widget-author-box\" data-id=\"1d687f21\" data-element_type=\"widget\" data-widget_type=\"author-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-author-box\">\n\t\t\t\t\t\t\t<div  class=\"elementor-author-box__avatar\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/2ee2d8a9687916bc7fb137fcf0b8c263?s=300&#038;d=mm&#038;r=g\" alt=\"Picture of Rebecca Casarez, CPA\" loading=\"lazy\"\/>\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t<div class=\"elementor-author-box__text\">\n\t\t\t\t\t\t\t\t\t<div>\n\t\t\t\t\t\t<h4 class=\"elementor-author-box__name\">\n\t\t\t\t\t\t\tRebecca Casarez, CPA\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bd0cc26 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"bd0cc26\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 25-04-2024 *\/\n.elementor-widget-divider{--divider-border-style:none;--divider-border-width:1px;--divider-color:#0c0d0e;--divider-icon-size:20px;--divider-element-spacing:10px;--divider-pattern-height:24px;--divider-pattern-size:20px;--divider-pattern-url:none;--divider-pattern-repeat:repeat-x}.elementor-widget-divider .elementor-divider{display:flex}.elementor-widget-divider .elementor-divider__text{font-size:15px;line-height:1;max-width:95%}.elementor-widget-divider .elementor-divider__element{margin:0 var(--divider-element-spacing);flex-shrink:0}.elementor-widget-divider .elementor-icon{font-size:var(--divider-icon-size)}.elementor-widget-divider .elementor-divider-separator{display:flex;margin:0;direction:ltr}.elementor-widget-divider--view-line_icon .elementor-divider-separator,.elementor-widget-divider--view-line_text 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100%;mask-size:var(--divider-pattern-size) 100%;-webkit-mask-repeat:var(--divider-pattern-repeat);mask-repeat:var(--divider-pattern-repeat);background-color:var(--divider-color);-webkit-mask-image:var(--divider-pattern-url);mask-image:var(--divider-pattern-url)}.elementor-widget-divider--no-spacing{--divider-pattern-size:auto}.elementor-widget-divider--bg-round{--divider-pattern-repeat:round}.rtl .elementor-widget-divider .elementor-divider__text{direction:rtl}.e-con-inner>.elementor-widget-divider,.e-con>.elementor-widget-divider{width:var(--container-widget-width,100%);--flex-grow:var(--container-widget-flex-grow)}<\/style>\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6a9cf9fc elementor-widget elementor-widget-theme-post-excerpt\" data-id=\"6a9cf9fc\" data-element_type=\"widget\" data-widget_type=\"theme-post-excerpt.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\tWe know the transition is a lot and all your energy may be going into keeping your business afloat while feeding the kids, but there are some important updates with business relief you should be kept up to date on. So we break it down in this quick article you can review before nap time is over.\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2c13c6cd elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"2c13c6cd\" data-element_type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"2500\" height=\"1666\" src=\"https:\/\/www.proadvisorcpa.com\/wp-content\/uploads\/2023\/06\/what-to-know-about-the-CARES-ACT-featured-image-ProAdvisor-CPA.jpg\" class=\"attachment-full size-full wp-image-2627\" alt=\"what to know about the CARES ACT featured image ProAdvisor CPA\" srcset=\"https:\/\/www.proadvisorcpa.com\/wp-content\/uploads\/2023\/06\/what-to-know-about-the-CARES-ACT-featured-image-ProAdvisor-CPA.jpg 2500w, https:\/\/www.proadvisorcpa.com\/wp-content\/uploads\/2023\/06\/what-to-know-about-the-CARES-ACT-featured-image-ProAdvisor-CPA-300x200.jpg 300w, https:\/\/www.proadvisorcpa.com\/wp-content\/uploads\/2023\/06\/what-to-know-about-the-CARES-ACT-featured-image-ProAdvisor-CPA-1024x682.jpg 1024w, https:\/\/www.proadvisorcpa.com\/wp-content\/uploads\/2023\/06\/what-to-know-about-the-CARES-ACT-featured-image-ProAdvisor-CPA-768x512.jpg 768w, https:\/\/www.proadvisorcpa.com\/wp-content\/uploads\/2023\/06\/what-to-know-about-the-CARES-ACT-featured-image-ProAdvisor-CPA-1536x1024.jpg 1536w, https:\/\/www.proadvisorcpa.com\/wp-content\/uploads\/2023\/06\/what-to-know-about-the-CARES-ACT-featured-image-ProAdvisor-CPA-2048x1365.jpg 2048w, https:\/\/www.proadvisorcpa.com\/wp-content\/uploads\/2023\/06\/what-to-know-about-the-CARES-ACT-featured-image-ProAdvisor-CPA-624x416.jpg 624w, https:\/\/www.proadvisorcpa.com\/wp-content\/uploads\/2023\/06\/what-to-know-about-the-CARES-ACT-featured-image-ProAdvisor-CPA-600x400.jpg 600w\" sizes=\"(max-width: 2500px) 100vw, 2500px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-55d270aa elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"55d270aa\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1b41c825\" data-id=\"1b41c825\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-10f500cf elementor-widget elementor-widget-text-editor\" data-id=\"10f500cf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 25-04-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p class=\"\" style=\"white-space: pre-wrap;\">One day you are sending out invoices and calling a team meeting, the next you are on a zoom call trying to learn common core math. What happened?<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/section><\/div> <a href=\"https:\/\/www.proadvisorcpa.com\/blog\/what-is-a-statement-of-cash-flows#more-1922\" class=\"more-link elementor-more-link\"><span aria-label=\"Continue reading What is a Statement of Cash Flows?\">(more&hellip;)<\/span><\/a>","protected":false},"excerpt":{"rendered":"<p>We know the transition is a lot and all your energy may be going into keeping your business afloat while feeding the kids, but there are some important updates with business relief you should be kept up to date on. So we break it down in this quick article you can review before nap time is over.<\/p>\n","protected":false},"author":2,"featured_media":2627,"comment_status":"closed","ping_status":"open","sticky":false,"template":"elementor_canvas","format":"standard","meta":{"footnotes":""},"categories":[55,86,67,53],"tags":[61,90],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What You Need to Know About The CARES Act - ProAdvisor CPA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.proadvisorcpa.com\/blog\/what-you-need-to-know-about-the-cares-act\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What You Need to Know About The CARES Act - ProAdvisor CPA\" \/>\n<meta property=\"og:description\" content=\"We know the transition is a lot and all your energy may be going into keeping your business afloat while feeding the kids, but there are some important updates with business relief you should be kept up to date on. 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