stimulus

Here is what you need to know about your Economic Impact Payment. For most taxpayers, payments are automatic, and no further action is needed. This includes taxpayers who filed tax returns in 2018 and 2019 and most seniors and retirees.

Source: irs.gov

House Republicans Move To Legislate Trump’s Payroll Tax Break
House Republicans Move To Legislate Trump’s Payroll Tax Break
September 14, 2020  |  Economy

U.S. House Republicans are proposing legislation that if adopted by the Democrat-controlled body and GOP-run Senate would codify the payroll tax cut President Donald Trump...

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Stimulus Bill Fails To Advance In Senate
Stimulus Bill Fails To Advance In Senate
September 10, 2020  |  Economy

A stalemate over the future of coronavirus stimulus will continue as of Thursday (Sept. 10) as the Senate failed to pass a Republican plan to...

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IRS Sends Stimulus Checks To Hundreds In Austria
IRS Sends Stimulus Checks To Hundreds In Austria
September 10, 2020  |  International

Dozens of U.S. stimulus checks have allegedly been incorrectly mailed to residents of Austria, according to a report by The Washington Post. One resident, 73-year-old...

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Today In Payments: Apple Seeks Punitive Damages Against Epic; Boston Telemedicine Company Amwell Prices IPO
Today In Payments: Apple Seeks Punitive Damages Against Epic; Boston Telemedicine Company Amwell Prices IPO
September 09, 2020  |  News

In today’s top news, Apple countersued Epic Games for punitive damages, and telemedicine company Amwell priced its initial public offering (IPO). Plus, Grab is in...

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IRS Urges Americans To Claim Stimulus Payments
IRS Urges Americans To Claim Stimulus Payments
September 09, 2020  |  Economy

It’s the last chance for taxpayers to collect a stimulus payment check. The Internal Revenue Service (IRS) announced on Wednesday (Sept. 9) that it plans...

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Where People Spent Stimulus Payments – And Where They Didn’t
Where People Spent Stimulus Payments – And Where They Didn’t
September 09, 2020  |  Economy

The stimulus payments may not have done much to, well, stimulate the economy at large. A recent report by the National Bureau of Economic Research (NBER) finds that...

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Second Stimulus Check Not In GOP’s Pared-Down Package
Second Stimulus Check Not In GOP’s Pared-Down Package
September 09, 2020  |  Economy

Republicans unveiled a $500 billion stimulus package on Tuesday (Sept. 8) that includes another round of Paycheck Protection Program (PPP) forgivable loans for small businesses,...

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McConnell Says Senate Could Vote On Stimulus This Week
McConnell Says Senate Could Vote On Stimulus This Week
September 08, 2020  |  Politics

Six months after the Democrat-controlled House passed a $3.2 trillion coronavirus stimulus package, Senate Republicans say they are prepared to vote on their version as...

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