Economic Relief 2024 What Is. Page last reviewed or updated: The tax relief for american families and workers act of 2024, passed by the house of representatives on january 31st, 2024, aims to provide tax relief and support to american families and workers.
With a focus on alleviating the burden of rising prices and interest rates, this tax relief package is a vital step towards fostering a healthier economy and creating greater opportunities for all. Starting in march 2020, the coronavirus aid, relief, and economic security act (cares act) provided economic impact payments of up to $1,200 per adult for eligible.
