On March 27, President Donald Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law. Section 2306 of the bill temporarily increases the amount of interest expense businesses are allowed to deduct on their tax returns, by increasing the 30% limitation to 50% of taxable income for 2019 and 2020, according […]
The post RVIA: CARES Act Provides Floor Plan Financing Relief appeared first on RVBusiness - Breaking RV Industry News.