Tax Policy Center

CARES Act

Federal Budget and Economy: TaxVox
Did the Treasury Department’s decision to put President Trump’s name on the coronavirus stimulus checks slow the mailing of those checks? Of course it did,...
April 30, 2020C. Eugene Steuerle
Federal Budget and Economy: TaxVox
President Trump continues to promote a payroll tax holiday as a piece of the next coronavirus relief bill. The idea fails as either relief or stimulus...
April 29, 2020Howard Gleckman
Individual Taxes: TaxVox
The IRS has done an impressive job delivering over 80 million rebate payments authorized by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. But...
April 28, 2020Elaine Maag
Individual Taxes: TaxVox
Can heirs keep a Coronavirus Recovery Rebate that the Internal Revenue Service sent to a dead person? If the decedent passed away this year, the...
April 27, 2020Janet Holtzblatt
Federal Budget and Economy: TaxVox
Perhaps it is a good time to start thinking about how the federal government is going to repay this new debt.
April 23, 2020Howard Gleckman
Federal Budget and Economy: TaxVox
Defying the skeptics (including me ), the Internal Revenue Service last week began depositing direct payments of $1,200 for adults (plus $500 per child under...
April 22, 2020Janet Holtzblatt
Federal Budget and Economy: TaxVox
The current recession derives from two sources: demand and supply. On the demand side, consumers are purchasing fewer durable goods (e.g., automobiles) and spending much...
April 20, 2020C. Eugene Steuerle
: TaxVox
The Coronavirus Aid, Relief, and Economic Security (CARES) Act grants massive tax relief for business losses, but most of the benefits will be reaped by...
April 20, 2020Steven M. RosenthalAravind Boddupalli
: TaxVox
Over the next decade, the individual “ recovery rebate ” program will account for about half of the Coronavirus Aid, Relief and Economic Security (CARES)...
April 17, 2020Thornton Matheson
Individual Taxes: TaxVox
To its credit, the IRS has been quickly distributing the first tranche of rebates authorized under the Coronavirus Aid, Relief, and Economic Security (CARES) Act...
April 16, 2020Elaine Maag