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

PayPal Temporarily Waives Check-Cashing Fees For Stimulus Checks
PayPal Temporarily Waives Check-Cashing Fees For Stimulus Checks
April 24, 2020  |  Coronavirus

PayPal has temporarily suspended check-cashing fees for stimulus checks issued as part of the federal government’s coronavirus relief efforts. The Palo Alto, California-based online payments platform...

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SBA To Roll Out More COVID-19 SMB Aid Early Next Week
SBA To Roll Out More COVID-19 SMB Aid Early Next Week
April 24, 2020  |  Coronavirus

U.S. Senator Marco Rubio said the Small Business Administration (SBA) will make more financial assistance available early next week for small businesses impacted by COVID-19,...

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Trump Signs $484B Bill For More PPP Loans And Other COVID-19 Relief
Trump Signs $484B Bill For More PPP Loans And Other COVID-19 Relief
April 24, 2020  |  Coronavirus

President Donald Trump signed into law a $484 billion COVID-19 rescue bill Friday (April 24) that includes $310 billion in new money for the popular Small...

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Treasury Directs Public Firms To Return Small Business PPP Money
Treasury Directs Public Firms To Return Small Business PPP Money
April 24, 2020  |  Loans

The Treasury Department issued new guidance on Thursday (April 23) directing publicly traded companies to return Paycheck Protection Program (PPP) loans by May 7 if...

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What’s Next For PPP: A Banker, An SMB And A FinTech CEO Weigh In
What’s Next For PPP: A Banker, An SMB And A FinTech CEO Weigh In
April 24, 2020  |  Loans

The rollout of the Paycheck Protection Program (PPP) aimed at small- to medium-sized businesses (SMBs) has, by any account, been a wild ride to date....

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For Taxpayers Looking For Stimulus Checks, IRS Site Leaves Them In Limbo
For Taxpayers Looking For Stimulus Checks, IRS Site Leaves Them In Limbo
April 23, 2020  |  Disbursements

For many Americans, the federal government’s stimulus website has remained a source of frustration as they are unable to work due to the coronavirus pandemic and...

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$484B Stimulus Bill Heads To President Trump For Signature
$484B Stimulus Bill Heads To President Trump For Signature
April 23, 2020  |  Loans

The House of Representatives on Thursday (April 23) passed a $484 billion bill for more financial aid for small- to medium-sized businesses (SMBs) and others...

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Ruth’s Chris Steakhouse To Return $20M In PPP Relief Loans
Ruth’s Chris Steakhouse To Return $20M In PPP Relief Loans
April 23, 2020  |  Coronavirus

Another high-profile corporation is giving back its Paycheck Protection Program (PPP) money. The Ruth’s Chris steakhouse chain will return two loans totaling $20 million, The...

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Today In Payments: PPP Loans Could Trigger Treasury Investigation; SMBs Say COVID-19 Relief Loans Won’t Spur Rehiring
Today In Payments: PPP Loans Could Trigger Treasury Investigation; SMBs Say COVID-19 Relief Loans Won’t...
April 23, 2020  |  News

In today’s top news, Treasury Secretary Steven Mnuchin said companies that received Paycheck Protection Program (PPP) loans without qualifying could face investigations, and some small-...

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