On March 25, the Senate passed a $2 trillion emergency aid proposal to stimulate the US Economy in the midst of the Coronavirus pandemic. The House is scheduled to vote on the bill Friday, and then it will go to President Donald Trump, who is expected to sign it. This legislation, H. R. 748, ‘‘Coronavirus Aid, Relief, and Economic Security (CARES) Act,” aka the “Phase 3” bill, provides significant tax and non-tax stimulus to individuals and businesses. Click here to download a brief summary of key provisions.
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Senate Passes the CARES Act (Phase 3 of the Coronavirus Pandemic Relief Efforts)
IRS announces tax relief for victims of Hurricane Ian in Florida
Tax Relief for Hurricane Ian Victims The IRS announced that, due to Hurricane Ian, will now have until February 15, 2023, to file various individual and business tax returns and make tax payments. Individuals and households affected by Hurricane Ian that reside ...
Congress Passes Additional Relief Bill for COVID-19
Consolidated Appropriations Act, 2021 Congress Passes Additional Relief Bill for COVID-19 On December 21, 2020, the House and Senate passed a $900 billion relief bill for the ongoing Covid-19 pandemic and economic stimulus. The bill is now headed to the President for ...
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