Friday, March 27 was a very important day for the economic recovery of the United States from the Covid-19 crisis. The Coronavirus Aid, Relief and Economic Security (CARES) Act was passed and signed into law on the 27th.
While we do not know when the crisis will end, there is starting to be relief provided for employees and business owners. There may be more needed down the line, but there are some very significant programs in place for dealership employees and owners.
KEA Advisors are not experts in the details of these programs or how they will be administered. However, it is of vital importance to you to know where to look and who to talk to so you can get more information.
KEA Advisors has strategic relationships with both Dixon Hughes Goodman and Clifton Larson Allen. The following are links to information from both of their websites regarding the CARES Act and Covid-19.
As always, our relationship with you is a relationship as partners, not a customer/vendor. We are going to be continuing to provide information, services, products, etc. that will continue to add value to you and your business through and out of this crisis. Thank you again for the opportunity to serve you.