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

Senate Passes Bill To Extend PPP For SMBs
Senate Passes Bill To Extend PPP For SMBs
June 03, 2020  |  Loans

The U.S. Senate passed a bill Tuesday (June 3) amending the way the Paycheck Protection Program (PPP) works, extending the time for small- to medium-sized...

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Trump Considers Next Stimulus
Trump Considers Next Stimulus
June 02, 2020  |  Economy

President Donald Trump will meet with senior advisors this week to discuss the possibilities of another pandemic-related stimulus package, this time with a focus on...

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Many Jobless Still Waiting For Unemployment Checks
Many Jobless Still Waiting For Unemployment Checks
June 02, 2020  |  Economy

Even as the federal government has paid out unemployment cash at an unprecedented level over the last three months, an estimated one-third of those laid...

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Coronavirus’ Economic Impact Could Last 10 Years, Cost $8 Trillion
Coronavirus’ Economic Impact Could Last 10 Years, Cost $8 Trillion
June 01, 2020  |  Economy

The final financial toll of the coronavirus will likely be a reduction of $7.9 trillion to the U.S. gross domestic product (GDP) until 2030, the...

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Is Congress Finally About To Fix PPP’s Many Problems?
Is Congress Finally About To Fix PPP’s Many Problems?
May 31, 2020  |  SMBs

Congress adopted the $600 billion-plus Paycheck Protection Program (PPP) to help American small- to medium-sized businesses (SMBs) stay afloat by using forgiveness loans to keep...

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Mitch McConnell: ‘Final’ COVID-19 Relief Bill Coming In A Month
Mitch McConnell: ‘Final’ COVID-19 Relief Bill Coming In A Month
May 29, 2020  |  Economy

Senate Majority Leader Mitch McConnell said Congress will decide whether to pass another COVID-19 relief package soon. “We’re taking a careful look at a fourth...

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Democrats Skeptical Of Second Round Of Stimulus Checks
Democrats Skeptical Of Second Round Of Stimulus Checks
May 29, 2020  |  Coronavirus

House Democrats who had hoped to provide Americans with a second $1,200 stimulus check are facing opposition from members of their own party in the...

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IRS: Stimulus Card Isn’t Junk Mail
IRS: Stimulus Card Isn’t Junk Mail
May 28, 2020  |  Consumer Finance

The Internal Revenue Service (IRS) wants to make sure you don’t throw out your prepaid $1,200 government stimulus debit card. Many people have done that,...

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House Eases Rules On PPP Loans
House Eases Rules On PPP Loans
May 28, 2020  |  Loans

A measure that would make it easier for small businesses (SMBs) to get their hands on a forgivable federal loan has easily passed the House,...

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