IRS

What Mayors and Their Residents Need to Know About COVID-19 Economic Impact Payments

On March 27 the third federal stimulus bill, the Coronavirus Aid Relief and Economic Security (CARES) Act (HR 748), became law. The bill gives millions of Americans the opportunity to receive one-time economic impact payments to assist them during the COVID-19 pandemic. On March 30, the IRS and Treasury Department announced that payments would be

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