The recently passed CARES Act includes a myriad of tax and financial reporting changes, in addition to liquidity options, for companies that are impacted by the COVID-19 pandemic. The legislation is lengthy and complex, and will add to an already heavy burden for senior-level financial executives navigating the crisis.
The Financial Executive podcast spoke with two Crowe professionals about the CARES Act -- Matthew Schell, a partner in Crowe's assurance professonal practice and Howard Wagner, a partner with Crowe’s national tax office, to review some of the most significant changes that the legislation makes and the issues that financial leaders need to consider during implementation.
