University of Miami Business Law Review

Document Type



The virus known as SARS–CoV–21 (Coronavirus) swept over the United States in ways that no other crisis has affected modern society. While the Spanish Flu of 1918 has often been cited for its pandemic similarities to the Coronavirus, from an economic standpoint the attacks of September 11, 2001, and the Great Recession of 2008 are perhaps the Coronavirus’s best analogy for the modern economic carnage that has occurred. In those previous events, Congress responded with sweeping legislation like Dodd–Frank and the Patriot Act. With the Coronavirus, Congress responded with the CARES Act. Within the CARES Act are historical changes to the tax code. By exploring the provisions of the CARES Act, taxpayers receive a glimpse into Congress’s highest priorities in times of crisis. This article explores those changes in the tax law with the hope of providing taxpayers some insight into which priorities Congress views as most vital to a country in crisis.