Does the CARES Act help hospitals deal with reduced Medicare payments from the delay in elective procedures and other care related to COVID-19? Section 3719 of the CARES Act enables hospitals to receive accelerated payments from the Medicare program.

What businesses qualify for the employee-retention credit? Any employer, regardless of size, is eligible for the credit during calendar year 2020 if the business: (1) is fully or partially suspended due to a governmental order related to COVID-19, or (2) experiences a significant decline in gross receipts (ie, a reduction of 50 percent of gross receipts from the same quarter in 2019).

WASHINGTON DC (March 30, 2020) — Members of the Senate Finance Committee, which has jurisdiction over trade, are pushing for a delay to the proposed June 1 entry into force of the U.S.-Mexico-Canada Agreement.

Who is eligible for a recovery rebate? All US residents with adjusted-gross income under $75,000 ($112,500 for head of household and $150,000 married), who are not the dependent of another tax-payer, and have a work-eligible Social Security Number, are eligible for the full $1,200 ($2,400 married) rebate. They are also eligible for an additional $500 per child. A typical family of four is eligible for a $3,400 recovery rebate.