Information about economic impact payments
CARES Act to provide support of up to $1,200
April 16, 2020
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by Congress and signed into law by President Trump on March 27, 2020. This over $2 trillion economic relief package is intended to protect the American people from the public health and economic impacts of COVID-19.
Information about the $1,200 economic impact payments as part of the CARES Act, is detailed below. No action is needed by most Americans to receive a payment. However, the IRS recommends that everyone file their 2019 taxes to ensure accurate and timely payments are properly received.
United States Treasu...
For access to this article please
sign in or
subscribe.
Reader Comments(0)