Tax Policy Center

coronavirus

Individual Taxes: TaxVox

The IRS Is Getting Out Coronavirus Rebate Payments: Congress Needs To Think About A Second Round

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
Individual Taxes: TaxVox

Expect Long Delays In Getting Refunds If You File A Paper Tax Return

Today’s advice: If you have not yet filed your federal income tax return, do not—repeat, do not—send the Internal Revenue Service a paper return—especially if...
April 14, 2020Janet Holtzblatt
Federal Budget and Economy: TaxVox

Who Should Pay For The Economic Relief From The COVID-19 Crisis?

As Republicans and Democrats joined hands to provide the most recent of what might be several stages of relief from our national pandemic crisis, almost...
April 13, 2020C. Eugene Steuerle
Federal Budget and Economy: TaxVox

Can People Get A Larger COVID-19 Rebate By Waiting To File Their 2019 Tax Return?

One big unanswered question about the COVID-19 recovery rebates included in the Coronavirus Aid, Relief, and Economic Stimulus (CARES) Act: What year’s income will the...
April 10, 2020Janet Holtzblatt
Individual Taxes: TaxVox

How The CARES Act Increases Charitable Deductions Without Helping Non-Profits Very Much

The Coronavirus Aid, Relief, and Economic Security (CARES) Act creates two new tax benefits for donors to non-profits. One will mostly benefit low- and middle-income...
April 8, 2020Howard Gleckman
: TaxVox

Low-Income Workers Without Children May Miss Out On The Coronavirus Rebates

To get the coronavirus rebates in the Coronavirus Aid, Relief, and Economic Security (CARES) Act this year, most people will have to file an income...
April 3, 2020Elaine Maag
Federal Budget and Economy: TaxVox

Treasury Struggles With CARES Act Rebates To Social Security Beneficiaries

The Coronavirus Aid, Relief, and Economic Security (CARES) Act promises that low-income Social Security beneficiaries will automatically get their $1,200 COVID-19 rebate, but new guidance...
April 1, 2020Janet Holtzblatt
: TaxVox

The CARES Act Provided Important Relief For The Coronavirus Economy, But What Should Phase 4 Look Like?

Last week, Congress and President Trump enacted the $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act, the largest aid package in American history...
April 1, 2020Grace EndaWilliam G. GaleClaire Haldeman
Individual Taxes: TaxVox

Home Schooling Tax Policy: Or How We Spent Our First Week Of The Pandemic

The COVID-19 pandemic has given me the chance to teach (thanks to the internet) between three and nine students, ranging in ages from 8 to 15, how to think and write about one of my favorite topics: Taxes.
April 1, 2020Renu Zaretsky
Federal Budget and Economy: TaxVox

What Tax Experts Can Contribute: Lessons from World War II

The United States is facing an immense human tragedy. According to one influential analysis , up to 2 million Americans could die from COVID-19 in...
March 31, 2020Eric Toder