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

Brooklyn Man Charged With Allegedly Swiping Some $12,000 In IRS Stimulus Checks From Mail
Brooklyn Man Charged With Allegedly Swiping Some $12,000 In IRS Stimulus Checks From Mail
April 30, 2020  |  Security & Fraud

Feng Chen, 31, of Brooklyn, New York, was charged with alleged theft of U.S. mail that included some $12,000 in government stimulus checks, other checks...

READ MORE >
JPMorgan Chase Submits Nearly $18B In PPP Loans
JPMorgan Chase Submits Nearly $18B In PPP Loans
April 30, 2020  |  Coronavirus

JPMorgan Chase & Co. told its small business clients that the New York financial services company has submitted 220,000 applications this week to the Paycheck...

READ MORE >
Bitcoin Daily: FTC Warns Of Email Scams Demanding Bitcoin; Lawmakers Urge Treasury To Use DLT To Track Relief Programs
Bitcoin Daily: FTC Warns Of Email Scams Demanding Bitcoin; Lawmakers Urge Treasury To Use DLT...
April 30, 2020  |  Bitcoin

Bitcoin blackmail scams are on the rise, according to the Federal Trade Commission (FTC). The scams are usually centered around emails claiming to have recorded...

READ MORE >
Pollo Tropical, Taco Cabana Parent Gives Back Small Business Aid; Treasury Aims To Have PPP Funds Given To Larger Firms Returned
Pollo Tropical, Taco Cabana Parent Gives Back Small Business Aid; Treasury Aims To Have PPP...
April 29, 2020  |  Loans

The coronavirus pandemic is disrupting businesses large and small. While the Paycheck Protection Program (PPP) was intended to help small- to medium-sized businesses (SMBs) weather...

READ MORE >
Treasury Chief Mnuchin: Stimulus Checks Not For the Dead
Treasury Chief Mnuchin: Stimulus Checks Not For the Dead
April 29, 2020  |  Coronavirus

Treasury Secretary Steve Mnuchin says $1,200 stimulus checks from the government were sent in error, and relatives and family members should return the money. Mnuchin...

READ MORE >
Mnuchin: All PPP Loan Recipients Will Face Audits
Mnuchin: All PPP Loan Recipients Will Face Audits
April 29, 2020  |  Coronavirus

Businesses that borrow money through the federal Paycheck Protection Program (PPP) can expect to be audited before the loans are forgiven, Treasury Secretary Steven Mnuchin...

READ MORE >
Stimulus Relief Checks: Less Spending, More Saving
Stimulus Relief Checks: Less Spending, More Saving
April 28, 2020  |  Economy

Starting last week, the COVID-19 stimulus funds began hitting the bank accounts of citizens nationwide. All in, the $290 billion program – part of the $...

READ MORE >
After COVID-19, ‘Un-Pausing’ Mortgage Payments A Daunting Challenge
After COVID-19, ‘Un-Pausing’ Mortgage Payments A Daunting Challenge
April 28, 2020  |  Coronavirus

The bills get delayed, get deferred, and forbearance is the rule of the day. And then they become due. And for at least some stakeholders...

READ MORE >
Homeowners Face Confusing Signals On Loans Amid Stimulus Relief
Homeowners Face Confusing Signals On Loans Amid Stimulus Relief
April 28, 2020  |  Coronavirus

With the stimulus bill known as the CARES Act, Congress said homeowners could skip mortgage payments for up to a year. However, legislating something is...

READ MORE >