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

Pelosi, House Look To Overhaul SMB PPP Relief Loans
Pelosi, House Look To Overhaul SMB PPP Relief Loans
May 20, 2020  |  Loans

Businesses struggling to stay afloat amid the coronavirus pandemic but shut out of stimulus programs could see renewed relief as Speaker Nancy Pelosi (D-Calif.) and...

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Warren, Mnuchin Clash Over PPP
Warren, Mnuchin Clash Over PPP
May 19, 2020  |  Loans

In the most contentious moments of the Senate Banking Committee’s inquiry into the $2 trillion CARES Act on Tuesday (May 19), Sen. Elizabeth Warren clashed...

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Warren Calls For Prosecution Of Bailout Program Fraudsters
Warren Calls For Prosecution Of Bailout Program Fraudsters
May 19, 2020  |  Regulation

U.S. Sen. Elizabeth Warren (D-Mass.) wants the Federal Reserve Bank to draw up stringent regulations for corporate recipients of U.S. bailout funds – and to...

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ECB: Setting The Stage For Pan-European Real Time Cross-Border Payments
ECB: Setting The Stage For Pan-European Real Time Cross-Border Payments
May 19, 2020  |  Faster Payments

The COVID-19 pandemic has shaken both the United States and global economies, with 38.4 percent of small to mid-sized businesses (SMBs) reducing their payroll and...

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Treasury: 4 Million IRS Stimulus Payments To Be Sent Via Visa Prepaid Debit Card
Treasury: 4 Million IRS Stimulus Payments To Be Sent Via Visa Prepaid Debit Card
May 18, 2020  |  Disbursements

The U.S. Treasury Department and the IRS are planning to send out around 4 million Economic Impact Payments (EIP) via Visa prepaid debit cards rather...

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IRS Stimulus Check Round 2, Will It Happen?
IRS Stimulus Check Round 2, Will It Happen?
May 18, 2020  |  Coronavirus

After a slightly rocky rollout, complaints that funds took a long time to arrive and that a few dead people got payouts they can’t really use, the first...

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House To Pass $3T Stimulus Package Despite GOP Opposition
House To Pass $3T Stimulus Package Despite GOP Opposition
May 15, 2020  |  Coronavirus

House Democrats made the case for a $3 trillion coronavirus stimulus package Friday (May 15), as White House and GOP leaders said they oppose what...

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GOP Says Wait On More Bailout Money
GOP Says Wait On More Bailout Money
May 14, 2020  |  Coronavirus

The Republicans are in no hurry to do another COVID-19 bailout. On Tuesday (May 12), PYMNTS reported that House Speaker Nancy Pelosi proposed a $3...

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Is Dining Out At Risk Of Dying Out, At Least For The Time Being?
Is Dining Out At Risk Of Dying Out, At Least For The Time Being?
May 14, 2020  |  Retail

The future of dining out is looking increasingly dark these days. The ranks of high-profile restaurateurs announcing that their grand reopening will be greatly delayed...

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