Is your company looking to make an upgrade in their facility but are holding off due to Virus concerns? Well, now might be the best time to make those investments as the 2020 CARES Act has included tax deductions on qualifying non-structural upgrades, no matter what the size.
The 2020 Coronavirus Aid, Relief, and Economic Stability (CARES) Act allows a full deduction of certain project costs in a single year, without limitation on the size of the project. This includes facilities like hospitals, office buildings, factories, and more.
To read more into what the 2020 CARES Act will cover, read out print out below!