From the Archive
Economic Impact Payment / Stimulus Payment Info (April 2020)
A note from 2026
Published in the first days of the CARES Act, this post walked readers through the original Economic Impact Payments — eligibility, amounts, and how the IRS would deliver them. The program is long concluded; we keep the post as part of the site's record of that period.
Why it mattered to our readers
Cannabis business owners had particular questions in 2020: the businesses themselves were shut out of most federal relief, including PPP, because of federal status — but owners and employees were eligible for individual payments like everyone else. We spent that spring helping people separate what the business could not access from what individuals could.
The durable lesson
When federal relief programs appear, cannabis businesses are routinely excluded while cannabis *people* are not — a distinction that returned with later programs and will matter again in whatever comes next. Knowing which side of that line a benefit sits on is worth a call before assuming.
Talk to a cannabis accountant, not a generalist
MCA has served licensed operators exclusively since 2015 — 100+ businesses across 30+ states. Free consultation; bring your last return and current P&L.
Related: Individual Tax Planning · About MCA
This article is general information, not tax advice.
