Economic Impact Payments:
On March 27, 2020 the president signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The two trillion dollar aid package is designed to lend financial aid to families and businesses impacted by
Q: I’ve heard that the IRS will start making advance payments toward the Child Tax Credit of 2021 this summer. What do I need to know about these payments?
A: The advance payments of the Child Tax Credits of
On March 6, the Senate passed the $1.9 trillion American Rescue Plan(link is external). The coronavirus relief bill now
The second wave of stimulus checks only started hitting checking accounts a few weeks ago, and the BBB and the FTC are already warning of related scams.
According to the FTC, American taxpayers lost more than
Four million Americans are receiving their Economic Impact Payment in the form of a prepaid debit card — and many are mistaking it for junk mail.
Last week, the U.S. Treasury Department and the Internal Revenue Service (IRS) began sending out Economic Impact Payments (EIP) as prepaid debit cards. The cards arrive
The stimulus checks promised in the Coronavirus Aid, Relief and Economic Security (CARES) Act are starting to land in checking accounts and mailboxes around the country. The $1,200 granted to most middle class adults is a welcome relief during these financially trying times.
Many recipients may be wondering: What is the best way to use this
After days of negotiations and last-minute changes, the Senate and the White House have signed a historic $2 trillion stimulus plan to help mitigate the economic fallout of COVID-19. The Coronavirus Aid, Relief and
