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

US Retailers Added 249,000 Jobs In August
US Retailers Added 249,000 Jobs In August
September 07, 2020  |  Economy

Last Friday’s (Sept. 4) jobs report brought good news to the nation’s retail sector as it added nearly one quarter of a million jobs in...

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Bitcoin Daily: Bermuda Eyes Digital Stimulus Token Program; China’s Digital Yuan Might Include A Traceable Wallet Feature
Bitcoin Daily: Bermuda Eyes Digital Stimulus Token Program; China’s Digital Yuan Might Include A Traceable...
September 01, 2020  |  Bitcoin

The Bermuda government is working on a plan to roll out a digital stimulus token to help residents and vendors, The Royal Gazette reported. Working...

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India’s GDP Shrinks 24 Pct In Second Quarter
India’s GDP Shrinks 24 Pct In Second Quarter
August 31, 2020  |  International

India’s gross domestic product (GDP) fell by 24 percent in the second quarter (Q2) as the pandemic took its toll on the nation’s economy, according...

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Temporary Payroll Tax Deferral Plan Starts Sept. 1
Temporary Payroll Tax Deferral Plan Starts Sept. 1
August 30, 2020  |  Taxes

Starting Tuesday (Sept. 1), U.S. paychecks could be a little fatter. That’s the day Social Security taxes will not be withheld as the result of...

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Consumer Spending: Running Dry …. Or Dry Powder?
Consumer Spending: Running Dry …. Or Dry Powder?
August 28, 2020  |  Consumer Finance

The consumer spending slowdown was due to happen, following the burst of activity and demand that had been hemmed in by the coronavirus. With a...

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IRS To Make Up For Shorted Stimulus Payments To Some Taxpayers
IRS To Make Up For Shorted Stimulus Payments To Some Taxpayers
August 27, 2020  |  Disbursements

Some Americans who got smaller stimulus payments than they expected or even none at all in the spring should receive funds soon, CNBC reported Thursday...

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Republicans Ready A More Modest Stimulus Bill
Republicans Ready A More Modest Stimulus Bill
August 26, 2020  |  Economy

Republican lawmakers are aiming to release a narrower pandemic stimulus bill as soon as this week, CNBC reported. The GOP is considering a $500 billion...

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Main Street On Lockdown: The COVID-19 Cash Chasm
Main Street On Lockdown: The COVID-19 Cash Chasm
August 25, 2020  |  Coronavirus

The Paycheck Protection Program (PPP) relief effort began accepting applications from small to mid-sized businesses (SMBs), which employ roughly half of the United States workforce,...

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Today In Payments: Uber Mulls Franchise Model In California; Amazon Tells Sellers To Ship On Prime Schedule
Today In Payments: Uber Mulls Franchise Model In California; Amazon Tells Sellers To Ship On...
August 19, 2020  |  News

In today’s top news, Uber is considering switching to a franchise model in California to avoid reclassifying its gig workers, and Amazon wants third-party sellers...

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