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

Two Men Charged In First US Case Of PPP Stimulus Fraud
Two Men Charged In First US Case Of PPP Stimulus Fraud
May 06, 2020  |  Security & Fraud

Two men were charged in Rhode Island with fraudulently seeking loans through the Paycheck Protection Program (PPP), the U.S. Department of Justice said in a...

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US Treasury Eyes Borrowing Almost $3 Trillion In Second Quarter
US Treasury Eyes Borrowing Almost $3 Trillion In Second Quarter
May 04, 2020  |  Debt

To fight the coronavirus pandemic, the U.S. government said it is planning to borrow $2.99 trillion in the second quarter this year, a record number,...

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Most Of SBA PPP Loan Program’s Second Round Funding Already Spoken For
Most Of SBA PPP Loan Program’s Second Round Funding Already Spoken For
May 04, 2020  |  Loans

As small businesses try to beat the odds to get a piece of the latest round of first-come, first-served Paycheck Protection Program (PPP) money, $175...

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Some COVID-19 Relief Funds Went To Healthcare Cos Under Scrutiny For Possible Fraud, Report Says
Some COVID-19 Relief Funds Went To Healthcare Cos Under Scrutiny For Possible Fraud, Report Says
May 03, 2020  |  Security & Fraud

The U.S. government’s massive payouts of financial aid to health care providers of Medicaid and other programs have inadvertently resulted in taxpayer dollars going to...

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Bank Of America CEO: Stimulus Package Is Coming Together
Bank Of America CEO: Stimulus Package Is Coming Together
May 01, 2020  |  Coronavirus

The CEO of Bank of America said the impact of the $2.2 trillion in federal relief is beginning to reap benefits. In an interview on...

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States, Cities Want $1 Trillion To Avoid Layoffs
States, Cities Want $1 Trillion To Avoid Layoffs
April 30, 2020  |  Economy

Democratic Congressional leaders are seeking up to $1 trillion in the next coronavirus aid package, a number that will almost surely run into controversy with...

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WH Adviser: Fourth Round Of Stimulus Funds May Not Be Needed
WH Adviser: Fourth Round Of Stimulus Funds May Not Be Needed
April 30, 2020  |  Coronavirus

White House Economic Advisor Kevin Hassett thinks a fourth economic stimulus package may not be necessary if states can safely and successfully reopen in due...

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MetaBank, Fiserv To Issue Preloaded Visa Cards For Stimulus Payments
MetaBank, Fiserv To Issue Preloaded Visa Cards For Stimulus Payments
April 30, 2020  |  Coronavirus

The U.S. Treasury will allow two financial technology companies to issue prepaid Visa cards loaded with coronavirus stimulus payments. Reuters reported its sources confirmed MetaBank...

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Today In Payments: Economists Warn Recession Recovery Will Be Slow; Facebook Daily Active Users Surge 11 Pct YoY
Today In Payments: Economists Warn Recession Recovery Will Be Slow; Facebook Daily Active Users Surge...
April 30, 2020  |  News

In today’s top news, economists warn that the economic downturn isn’t finished yet, and Facebook reported better than expected earnings. Plus, the Federal Reserve is...

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