---
title: Financial Advisor & Wealth Management Firm | Plymouth, Minnesota - Echo Wealth Management
description: FC Wealth Solutions top financial advisors offering wealth & investment management. Devise financial plans for individuals and families across Westerville &
---

## [CARES Act Signed into Law – The Highlights You Should Know](https://echowealthmanagement.com/index.php?option=com_content&view=article&id=154&catid=8&Itemid=257)

![](https://echowealthmanagement.com/media/yootheme/cache/19/capital_building_under_night_sky-1997d4ab.jpg)

March 28, 2020

This $2 trillion bill is meant to impact both individuals and businesses and contains significant tax-savings measures. It could affect prior tax years while also creating immediate cash flow.

The following is the summary presented by Michael Kitces and Jeffery Levine ([www.kitces.com](http://www.kitces.com)) on March 27, 2020.  I aim to provide you the highlights that may help you in your personal life, business and that may help someone you know.  I am sure we will dive in deeper in the next a few weeks in

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## [Tax News: IRS Announces Extended Deadline for 2019 Tax Returns](https://echowealthmanagement.com/index.php?option=com_content&view=article&id=206&catid=8&Itemid=257)

![](https://echowealthmanagement.com/media/yootheme/cache/58/bookkeeping-587dd317.jpg)

March 19, 2020

As we continue to face uncertain times, the IRS has made a welcome announcement.

Treasury Secretary Steven Mnuchin has announced that the IRS has decided to extend the **filing and payment** deadline for 2019 tax returns, allowing taxpayers to defer until July 15. Mnuchin indicated this move will put $300 billion into the economy during a time of great economic concern over the consequences of the COVID-19 pandemic.

The payment deferment is subject to certain caps, however. Individuals

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