What's Being Done | Coronavirus Response
Below is a running list links and information to help explain how the federal government is responding to the coronavirus pandemic. It covers what small businesses, seniors, and workers need to know and is broken into sections about what Congress has passed, what Congress is going to do next, and what the Administration has done to help Americans fight this global pandemic.
Coronavirus (COVID-19): Small Business Guidance & Loan Resources
SBA's Interim Final Guidance for the Paycheck Protection Program CLICK HERE
Paycheck Protection Program Borrower Application Form CLICK HERE
CARES Act Information (Phase 3 Coronavirus Response)
Click here for a one-pager on small business relief.
Click here for a one-pager on direct payments.
Click here for an overview of new paid leave provisions and tax requirements.
Paycheck Protection Program: Interim Final Rule
Q&A for Individuals (pdf)
- Cash payments to Americans
- Unemployment insurance
- Emergency leave
- Changes to tax filing
- Utility shutoffs
- Real ID
- Prison related
Q&A for Businesses (pdf)
- Small businesses
- Small Business Debt Relief Program
- Economic Injury Disaster Loans & Emergency Economic Injury Grants
- Counseling and training
Q&A for the Health Care System (pdf)
- Hospitals and health system
Q&A for Education Institutions (pdf)
- Higher education
- K-12 education
Q&A for State, Local and Tribal (pdf)
- Aid to states and municipalities
- State-Local Coronavirus Relief Fund
- Territories and freely associated states
- Tribes, tribal organizations and tribal enterprises
Q&A for Veterans (pdf)
- Veterans Affairs
- Student veterans
What is the special filing and payment relief announced by the Treasury Department?
All taxpayers qualify for the option to delay filing of their tax returns and payment of any tax debt until July 15, 2020 with no penalties or interest.
Who is eligible for tax deferral?
All individual and business taxpayers.
If I am eligible, do I still need to file my taxes by April 15?
No. The tax filing deadline has also been extended to July 15, 2020. This maximizes flexibility for taxpayers during this challenging time. For taxpayers that expect to receive a refund, you are still encouraged to file as soon as possible. The sooner you file, the sooner you can receive your refund.
I pay estimated taxes. Am I eligible for a tax deferral?
Payment relief is only for 2019 income tax payments and 2020 estimated income tax payments due on April 15, 2020. So if you have a tax payment that is due on another date, such as May 15 for some exempt organizations or any date other than April 15, this relief does not apply to you.
Where can I find additional information from the IRS on this special tax relief?
IRS is working on additional information but in the meantime, you can refer to the IRS resource page on Coronavirus. Please note the guidance released earlier this week by IRS (Notice 2020-17) is likely to change.
IRS resource page on Coronavirus Tax Relief found HERE
Phase I Package
(H.R. 6074, the Coronavirus Preparedness and Response Supplemental Appropriations Act - enacted 3/6/20)
Phase II Package
(H.R. 6201, the Families First Coronavirus Response Act - enacted 3/20/20)