UPDATES

Phase III Coronavirus Package // Health-Related Provisions

March 26, 2020

What Medicare and health tax provisions are included in the CARES Act? It Boosts Investment in Hospitals: Temporarily lifts the Medicare sequester— which reduces payments to providers by 2 percent— from May 1 through December 31, 2020, boosting payments for hospital, physician, nursing home, home health, and other care Pays 20 percent more for inpatient ...

Brady Calls for Fast House Action on Phase III Package

March 25, 2020 — Press Releases

THE WOODLANDS, TX – The top Republican on the House Ways and Means Committee Kevin Brady (R-TX) released the following statement after the Senate passed the phase three coronavirus relief package: “Now that Senate has passed the CARES Act, the House must follow suit to take decisive action to protect our workers, families, and small businesses who will suffer ...

Phase III Coronavirus Package // Rebate Check Distribution (UPDATED 4/10!)

March 25, 2020

This post was updated on April 10, 2020. Relief payments are already being processed, and are expected to hit bank accounts as soon as next week. Here’s what you need to know about the Trump Administration’s effort to get payments to Americans. Direct Deposit means faster payment: Many Americans filed tax returns in 2018 or 2019 and provided direct deposit ...

CARES Act: Unemployment

March 25, 2020 — Blog

The CARES Act, signed into law on March 27, provides emergency relief to workers, families, small businesses, and distressed industries. The law is big, targeted, and will make a difference. Here are the unemployment insurance details. Key ...

CARES Act: Health

March 25, 2020 — Blog

The Cares Act, signed into law on March 27, provides emergency relief to workers, families, small businesses, and distressed industries. The law is big, targeted, and will make a difference. Here are the health details. Key points: Gets more resources into the hands of our providers quickly Expands access to care for patients ...

CARES Act: Helping Small Business

March 25, 2020 — Blog

The CARES Act provides emergency relief to workers, families, small businesses, and distressed industries. The full package is big, targeted, and will make a difference. Here are the small business details. Key points: A strong “paycheck protection” program means small businesses have an incentive to keep employees on payroll. The bill ...

CARES Act: Tax

March 25, 2020 — Blog

CARES, which was signed into law on March 27, 2020, provides emergency relief to workers, families, small businesses, and distressed industries. The law is big, targeted, and will make a difference. Here are the tax details. Key points: Workers, families, and small businesses come first. $1,200 checks will be on their way to American ...

CARES Act: Protecting Americans’ Livelihoods

March 25, 2020 — Blog

The CARES Act, signed March 27, provides emergency relief to workers, families, small businesses, and distressed industries. The law is big, targeted, and will make a difference. Here are the details on how this package will protect Americans' livelihoods. Key points: A total of $500 billion in emergency relief to distressed businesses, as well as state ...

IRS Announces Additional Relief for Taxpayers During the COVID-19 Crisis

March 25, 2020 — Blog

Today the IRS released its “People First Initiative,” which is designed to provide relief to taxpayers during the fight against COVID-19. The relief includes postponing certain payments related to installment agreements and offers in compromise. It also includes limiting certain enforcement actions. IRS Commissioner Chuck Rettig noted that the IRS is “temporarily adjusting [its] processes ...