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 Dems Propose $3 Trillion Relief Package
House Dems Propose $3 Trillion Relief Package
May 12, 2020  |  Economy

House Democrats unveiled a $3 trillion spending package for more coronavirus aid on Tuesday (May 12), including more money for individuals affected by the shutdown,...

READ MORE >
Mnuchin Predicts Economic Pickup, Urges Caution On Greater Stimulus
Mnuchin Predicts Economic Pickup, Urges Caution On Greater Stimulus
May 11, 2020  |  Economy

In an interview, U.S. Treasury Secretary Steven Mnuchin predicted that the economy would be improving “as we go into the summer and we reopen the...

READ MORE >
Wednesday Deadline Looms For Seeking Direct Deposit Of IRS Stimulus Checks
Wednesday Deadline Looms For Seeking Direct Deposit Of IRS Stimulus Checks
May 11, 2020  |  Coronavirus

The Internal Revenue Service (IRS) says it’s making progress distributing stimulus checks, and there’s still time for recipients to get their checks direct deposited. As...

READ MORE >
Why Larger Firms May Soon Face The Same (Cash) Pressures As Main Street SMBs
Why Larger Firms May Soon Face The Same (Cash) Pressures As Main Street SMBs
May 11, 2020  |  Loans

The conventional wisdom may be that larger firms — especially public ones — are able to weather the economic storm more adroitly than smaller brethren....

READ MORE >
British Merchant Group Warns Government Help Not Enough
British Merchant Group Warns Government Help Not Enough
May 10, 2020  |  International

The British Retail Consortium has said the U.K.’s financial aid measures haven’t been enough to stop a total collapse for many retailers. In a letter...

READ MORE >
Congress, White House Spar Over Stimulus Round Three
Congress, White House Spar Over Stimulus Round Three
May 10, 2020  |  Loans

Democrats, evoking the country’s past with the financial turmoil of the Great Depression and the recovery with the New Deal, argue that much more financial...

READ MORE >
New PPP Loan Rules On Student Workers Offers Break To Colleges
New PPP Loan Rules On Student Workers Offers Break To Colleges
May 06, 2020  |  Loans

Colleges suffering from lost revenues during the pandemic may have a better chance now as clarifications to the Paycheck Protection Program’s (PPP) rules say these...

READ MORE >
More Than Half of SMBs Might Not Have Enough Cash To Make It Through Crisis
More Than Half of SMBs Might Not Have Enough Cash To Make It Through Crisis
May 06, 2020  |  SMBs

Almost 60 percent of SMB retailers say they might not have enough cash on hand to get through the pandemic’s economic gut-punches, according to PYMNTS research....

READ MORE >
NY Fed Study: Neediest SMBs Didn’t Get PPP Loans
NY Fed Study: Neediest SMBs Didn’t Get PPP Loans
May 06, 2020  |  Loans

The Paycheck Protection Program (PPP) was intended to extend forgivable loans to businesses struggling to pay workers and stay afloat amid the coronavirus pandemic. Instead,...

READ MORE >