Category Archives: U.S. Taxes and Covid 19 Updates

Economic Impact Payments for Individuals in USA – Who is Eligible, Who is Not and How much is it Worth

The United States Treasury Department and the Internal Revenue Service has released figures for Economic Impact Payments, with 89.5 million individuals receiving payments worth nearly $160 billion in the program’s first three weeks. Another projected 150 million payments will be sent out and even those who typically do not file a tax return will also […]

COVID-19, CARES Act and Deadline Delays and Extensions

covid-19 cares act

In light of the new global pandemic, the CORONA virus, also known as the COVID-19, significant changes have been introduced by the Treasury, the IRS and the Federal Government. Here is fully updated detail on covid-19 cares act in US. What is the Covid-19 CARES Act? Also known as the Coronavirus Aid, Relief and Economic […]