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How To Get Your Individual Rebate (And Fast!)

The CARES Act provides for economic impact payments of $1,200 per individual ($2,400 for joint filers). (See Ropes & Gray Alerts on CARES Act, and certain key tax provisions of CARES Act.) The chart below summarizes the CARES Act, IRS Press Release IR-2020-61, and the U.S. Department of the Treasury April 1, 2020 Press Release.

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New 3.8% Tax on "Net Investment Income" – IRS Issues Proposed Regulations

Practices: Tax, Hedge Funds

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