Our lives have certainly changed over the past couple of months. In a matter of days, our lives were flipped upside down. Almost all of us have experienced some type of financial loss, all while encountering the stresses of adapting to new ways of working and living.

Nearly all my divorcing clients have a great fear of racking up a bunch of legal fees to complete the divorce. They also fear the fighting that is so often associated with the divorce process.

The Paycheck Protection Program is a Small Business Association 7(a) loan available to small employers, self-employed individuals, and independent contractors. While SBA 7(a) loans have always been around, the CARES Act modified this loan to have the potential for loan forgiveness.

The act provides payments to taxpayers in the form of a Recovery Rebate Credit. This is a maximum credit of $1,200 for each eligible individual (so $2,400 for two eligible individualswho file a joint return), plus $500 for each qualifying child.

We hear a lot about how to prevent the spread of the Coronavirus, but we often miss out on the guidance of what to do when our lives are already being impacted by it. One Act that the government has passed to help with this is the Families First Coronavirus Response Act (FFCRA).

The CARES Act is short for the Coronavirus Aid, Relief, and Economic Security Act and is essentially a stimulus package to help individuals, families, and small businesses through these uncertain times.