(CARES) Act: Individual Tax Payments and Provisions

By Jennifer Kobylarz, CPA, MST Direct Payments The CARES Act provides for immediate direct payments to certain individuals. The Act has authorized payments of $1,200 per individual, $2,400 per married couple, with an additional $500 per qualifying child based on filed 2019 tax returns. If a 2019 tax return has not yet been filed, the […]