No Recovery, You Owe Us Nothing
The Searcy Denney team has compiled a list of resources for our clients and the South Florida community. Searcy Denney law is monitoring how the virus impacts your legal rights and the South Florida community.
The Coronavirus Aid, Relief, and Economic Security Act (CARES) is the largest stimulus package in American history. While the legislation outlines specific relief options for businesses, education and hospitals, the two key points that likely have the largest impact on you are (1) the availability of forgivable loans to small businesses (2) the direct cash payment of $1,200 per adult and $500 per dependent child for most Americans.
Use the resources below to determine your eligibility and calculate your expected payment.
SUMMARY: The IRS is using 2019 income to determine your payment, 2018 income if you have not yet filed your 2019 tax return. Unemployed people and veterans are eligible for checks, but anyone who is claimed as a dependent on another’s tax returns is not eligible (which includes some college students).
SUMMARY: Answer questions and add your gross 2019 income to determine the amount of your stimulus check.
SUMMARY: If the IRS has your direct deposit information you should receive your check in mid-April. There will be a separate form for Americans who cannot accept direct deposit.
SUMMARY: Check back at this webpage in the coming weeks to update your direct deposit information if it is not already supplied as part of filing your 2019 taxes.
SUMMARY: Undocumented workers won’t benefit from the stimulus package.
SUMMARY: If you owe child support you don’t qualify for a check, but if you owe back taxes or are late on your student loan payments, you do qualify.
SUMMARY: You can pause federal student loans, secure unemployment insurance, file for paid leave.
Cold symptoms don’t necessarily mean you’ve contracted COVID-19. It is still cold and flu season. Hospitals need to stay open for emergency cases and tests reserved for those with severe symptoms. If your symptoms wouldn’t warrant a trip to the hospital six months ago, it is recommended that you do not go to the emergency room.
SUMMARY: The Centers for Disease Control and Prevention have developed a guide to help identify if your symptoms require urgent care.
SUMMARY: International travel and shortness of breath are the two main indicators for determining whether you should be tested.
SUMMARY: Review guidelines for washing your hands, identifying your symptoms and practicing social distancing.
The Coronavirus Outbreak: Updates from the New York Times
COVID-19 Call Center Hotline, Available 24/7