Economic Impact Payments

Next batch of stimulus checks. In the latest round of stimulus checks, the U.S. Treasury and Internal Revenue Service are sending out checks to those who either didn't get a check, didn't get a tax return filed in time for the stimulus check, ... Read More

American rescue plan details. The American Rescue Plan Act of 2021 was signed by President Biden on March 11, 2021. The Act has unemployment benefits, vaccination programs and additional unemployment benefits meant to get people through the COV... Read More

BIden and another stimulus check. As the economy slogs along, moving in fits and starts, struggling with new strains of COVID-19 and increases vaccines getting into the arms of Americans and citizens all over the world, a tough choice has to be... Read More

Is a fourth stimulus check possible. In the year since the COVID-19 crisis began, the government has approved three stimulus checks for a combined amount of $3200 per person across all of the checks distributed. With COVID-19 vaccines increasing a... Read More

New tax cuts and credits in stimulus bill. The $1.9 trillion stimulus bill that Congress just passed, and President Biden signed into law, has more than just stimulus checks for Americans. In Fact, the majority of the bill has a large number of ta... Read More

Tax provisions of stimulus bill. The tax provisions included in the $1.9 trillion dollar stimulus bill signed into law by President Biden include a new round of economic impact payments, a tax credit for COBRA continuation coverage, and the expans... Read More

Stimulus checks delivered in four waves. Nearly eleven months ago, the first COVID-19 stimulus checks were sent out. Since then, in addition to its responsibilities filing tax returns, dealing with tax refund fraud, the IRS has become a well oiled... Read More

Parents payment under stimulus plan. As part of the American Rescue Plan, a fully refundable Child Tax Credit for 2021, that was originally set to get distributed by sometime in late April or May, is now set for later in the summer, due to the IRS... Read More

American rescue plan part two. Another large section of the American Rescue Plan involves the child tax credit, is has been expanded. The section that expands this is section 24, child tax credit. It does so in several way and provides that taxpay... Read More

IRS not seizing most stimulus checks. The Internal Revenue Service won't take a taxpayer's refund money to pay off any federal debts they owe if that taxpayer claims a 2020 stimulus payment on their tax return, according to a consumer watchdog ins... Read More