Questions abound, regarding the economic impact payments and other topics related to the new coronavirus (COVID-19) relief laws. In response, the tax writing committees of both the U.S. Senate and House of Representatives have posted on their respective websites useful, mostly free-from-politics information about the recently passed CARES Act. The House Ways and Means Committee Democrat majority COVID-19 website is: https://bit.ly/3dMyotn and the minority Republican website is: https://bit.ly/3aHlMC0. Also, the Senate Finance Committee Republican majority offers a frequently-asked-questions page related to the economic payments here: https://bit.ly/2WZ9WyO
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2023 – 02/07 – Answers to your questions about 2023 limits on individual taxes