HEROES Act 5/27/2020

More relief may be ahead through the HEROES Act. Things are still very much up in the air, though, and Henry & Peters, PC is keeping a close eye on facts for you.

CPAs Thomas Neuhoff and Linda Cooper have an update on the status of that Health & Economic Recovery Omnibus Emergency Solutions (HEROES) Act and what it could mean down the road – right now, the almost 2,0000-page document has only been passed by the House of Representatives (on May 15).

There are likely changes ahead for the successor to the ongoing CARES act, but the HEROES Act may indeed include another round of stimulus payments, changes to Paycheck Protection Loans, modifications to tax credits, and more.

Thomas and Linda also touch on the upcoming July 15 tax deadline. Check out today’s update and stayed tuned for more – things continue to change on a daily basis, and you can find regular updates and more resources at www.HenryPeters.com