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COVID funeral reimbursement now $9,000, up from $7,000. Here's how to apply today


COVID funeral reimbursement now $9,000. Here s how to apply today
CNET
1 day ago
Alison DeNisco Rayome
© Provided by CNET
The US government has increased your reimbursement rate for funerals caused by COVID-19 from $7,000 to $9,000. Gabriela Tulian/Getty Images
If a relative of yours died from COVID-19, you may be able to get reimbursed up to $9,000 for funeral expenses. That s $2,000 more per person than the $7,000 upper limit announced in February. Starting this week, the Federal Emergency Management Administration began accepting applications from eligible families. 
The FEMA measure was part of the December COVID-19 relief law, which also included a second stimulus check of up to $600. The law includes $2 billion for people who have been harmed by the pandemic and may have gone into debt to pay for the funeral and burial of a loved one.  ....

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IRS proposes rule regarding federally declared disasters


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A proposed rule would make things a little easier for finance teams whose duties get impacted by federally declared disasters.
The new IRS rule,
The who
The regs would create a mandatory 60-day postponement of certain tax deadlines for specific people and organizations, including
businesses that have a principal place of employment in a disaster area
people who reside in a disaster area
relief workers who provide assistance in a disaster area, and
taxpayers whose tax records necessary to meet a certain tax deadline are located in a disaster area.
The why
This rule also aims to clarify the definition of “federally declared disaster.” This term currently includes any disaster determined by the president under the Robert T. Stafford Disaster Relief and Emergency Assistance Act. ....

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Vaccine Production And State Intervention In The U.S. - Coronavirus (COVID-19)


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During the COVID-19 pandemic, governments across the globe have
become increasingly involved in the private sector.
1
State-owned enterprises have long been common in Asia, but the
pandemic has increased their prominence in Europe. In Italy and
Norway, for instance, governments are taking equity stakes in the
airline industry to help distressed companies. Now, with vaccine
manufacturing ramping up, it makes sense that governments would
intervene in the life sciences and pharmaceutical sectors as well.
In our article published earlier this month on, we analyzed the ....

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