WASHINGTON - Chairman Chuck Grassley (R-Iowa), co-author of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, answered a series of commonly asked questions about the historic, bipartisan legislation. Grassley was the lead author of the recovery check, business tax, retirement tax and unemployment insurance provisions, as well as the Medicare and Medicaid policies. The below resources should only be used for informational purposes and should not be relied on for legal advice. Individuals should consult the IRS or a tax advisor to address questions related to their individual circumstances.
Recovery Check FAQ
Employee Retention Credit FAQ
Medicare Accelerated Payments to Providers FAQ
Unemployment Insurance FAQ
Retirement Provisions FAQ
Q&A: CARES Act Helps Workers, Seniors & Student Borrowers
Additional information on the coronavirus can be found at grassley.senate.gov/coronavirus.
Source: Ranking Member’s News
