The CARES Act is frustrating for even the brightest financial planners. Here are the issues we are dealing with right now
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Summary: The CARES Act is downright amazing. There are no glitches in the system, the application is easy to fill out, people are going to get money at record speed, and I bet you wish today wasn’t April fool’s day. The CARES Act is frustrating and one could argue that shutting down the economy could cause more deaths than COVID-19. I’m a huge believer the economy will bounce back and this will end up being a blank spot in the market. I discuss issues that CFP’s, CPA’s and lawyers are trying to figure out.