April 06,2020

ICYMI: Grassley Answers Questions about the Historic CARES Act

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.

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