Water Street Wealth Management - Stimulus Rebates

Stimulus Rebates: How Much Will You Get?

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Dear Friends,

By now you have probably heard that the stimulus package (also known as Coronavirus Act, Relief, and Economic Security Act, or CARES Act) has been signed into law. The purpose of the bill is to give Americans a financial bridge until quarantine measures are lifted and people are able to go back to work.

The final version of the CARES Act is ((990))) pages long, and it will take accountants and financial planners weeks and months to sort out all the provisions. For now, here’s what you need to know.