Information for all
NOTE to USERS of INFORMATION PROVIDED by SMALL TOWN MAIN STREET/HISTORIC HAYESVILLE INC.
The information within this tab is not intended as endorsement by Small Town Main Street/Historic Hayesville Inc. for services or commentaries shown by local businesses, individuals or elected officials. It is intended to share updates and provide resources for our community relative to the recovery process resulting from COVID-19 virus uncertainties. STMS/HHI urges the public to confirm information provided by resources or businesses for the best practices and support during this difficult time.
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The CARES Act is the direct payments it provides to North Carolinians who are going through a difficult time. Some North Carolinians have already received their payment through direct deposit if their account information is already on file with the IRS.
Information and resources available to you if you have questions about the direct payments, click the links below.
Financial Assistance Directly to Americans
The Coronavirus Aid, Relief, and Economic Security (CARES) Act, provides a one-time rebate check that all Americans and U.S. residents can use however they see fit. This rebate has a maximum value of $1,200 for all single-filers and $2,400 for joint-filers, with an additional $500 available for each dependent under the age of 16.
For further information about program eligibility and frequently asked questions, click here.
Temporary Paid Leave for Workers
The Families First Coronavirus Response Act, provides temporary paid leave to employees who cannot attend work due to coronavirus-related personal medical needs, caregiving needs, or childcare needs.
Coronavirus-Related Personal Medical Needs:
North Carolinians who remain at home because they are seeking a diagnosis or are sick themselves are eligible for two weeks (ten days) of paid sick leave. Existing paid leave previously accrued by the employee can count towards these ten days. The sick leave benefit paid to the employee must replace all the employee’s wages, up to a maximum benefit of $511 per day.
Coronavirus-Related Caregiver Needs:
Caregivers who remain at home to care for another individual who is sick are eligible to receive two weeks of paid leave as well. However, in this scenario, the employee is entitled to at least two-thirds of their wages or a maximum benefit of $200 per day.
Coronavirus-Related Childcare Needs:
Individuals with a minor child are eligible for twelve weeks of paid family leave in the event of closure of the child’s school or childcare facilities. The initial two weeks (ten days) are unpaid, though the individual can utilize paid sick leave during this time. Following that, the individual is entitled to at least two-thirds of their wages or a maximum benefit of $200 per day.
Additional information on paid leave and other workplace matters can be found here.
Temporary Increases to Unemployment Benefits
The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides $250 billion to expand unemployment benefits and cover more Americans during this crisis. Through the end of 2020, workers, including the self-employed and independent contractors, are all eligible for unemployment benefits, which are also temporarily increased by $600 per week from their typical benefit value. Additionally, the law increases the length of unemployment eligibility by an additional 13 weeks.
With the President recently signing the bill into law, agencies are now formulating and finalizing rules and guidance. Updates once more guidance and the final details on how the program will be administered.
Suspension of Payment and Interest on all Federal Student Loans
The Department of Education implemented measures on March 20, 2020, to reduce the interest rate on all federally held student loans to 0% for at least the next 60 days. Fundamentally, this allows borrowers to hold off on making any payments on federal student loans for at least two months, without incurring any fees, fines, or additional interest. Additional information can be found here.
Extension of Personal Income Tax Filing and Payment Deadlines
On March 20, 2020, the Department of the Treasury extended the federal tax filing deadline to July 15, a three-month extension. President Trump and Secretary Mnuchin are still advising individuals to file on time if possible, as many Americans will still benefit from a tax refund after filing.
Also, N.C. Department of Revenue (NCDOR) recently announced that they will extend the April 15 tax filing deadline to July 15 for individual, corporate, and franchise taxes to mirror the announced deadline change from the Internal Revenue Service. Learn more here.
Suspension of Retirement Account Withdrawal Rules
The Coronavirus Aid, Relief, and Economic Security (CARES) Act waives the 10% penalty for not taking the Required Minimum Distribution (RMD) from all 401(k)s and IRAs through the remainder of 2020. This ensures seniors are not required to sell off investments and pull money out of their retirement portfolios during a historically down market.
Frequently Asked Questions
For a list of frequently asked questions regarding coronavirus, direct checks for hardworking North Carolinians, and information for business owners, visit the FAQ page
NC 2-1-1 is an information and referral service that North Carolinians can call to get free and confidential information on health and human services resources within their community. NC 2-1-1 operates 24 hours a day, 7 days a week.
You should only call 9-1-1 if you are experiencing an emergency.
NORTH CAROLINA 211 COVID-19 ASSISTANCE
Call 2-1-1 or 888-892-1162
Text COVIDNC to 898211 to sign up for updates
with Senator Thom Tillis
PLEASE NOTE -- AS WITH ALL CALL IN LIVE EVENTS, HOLD TIMES CAN BE LONG
You can live stream all telephone town halls here.
Reach out to the office if you have any questions or need help with a federal agency and please stay safe.
The IRS has launched an updated site, including frequently asked questions, to help hardworking North Carolinians with their Economic Impact Payment. You can visit the website here.
Here are answers to some of the most frequently asked questions that has been received:
Can I check the status of my direct payment?
If I didn’t file a tax return can I still receive a direct deposit?
If you are not required to file a 2018 or 2019 tax return, you can enter your payment information here for a direct deposit payment.
How will Social Security or Social Security-Disability recipients get their direct payments?
Anyone who receives a Social Security check or disability check will receive their payment consistent with how they already receive their check through direct deposit or a check in the mail. If you're a Social Security recipient who does not file a tax return, you do NOT need to take any action in order to receive your check. Click here to learn more.
What happens if there is an error with my direct payment?
The IRS plans to mail a letter to each taxpayer’s last known address within 15 days after the payment was made. The letter will contain information on how the amount was calculated, and it will include instructions on how to appeal if the amount was incorrect and how they can report a failure to receive a payment.
What kinds of scams should I be on the lookout for?
As North Carolinians begin receiving their Economic Impact Payment, expect to see an increase in coronavirus-related scams. If someone tells you they can get your check to you sooner, they are a lying and it is a scam. The IRS will not be asking anyone to send them their personal or financial information through emails, text messages, websites or social media. The one legitimate way to receive your payment faster is by visiting IRS.gov and using the Get My Payment portal to provide your direct deposit information.
Click here to report scams to the IRS.