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

What We’ve Learned Watching Uncle Sam Disburse $2T In Stimulus Payments
What We’ve Learned Watching Uncle Sam Disburse $2T In Stimulus Payments
April 22, 2020  |  Coronavirus

The unprecedented $2 trillion stimulus package pushed forward a little over a month ago was no doubt created and passed with the best of all...

READ MORE >
Senate Passes Bill That Adds $310B More To PPP Loans
Senate Passes Bill That Adds $310B More To PPP Loans
April 21, 2020  |  Loans

The Senate has passed a new $484 billion coronavirus relief package, including more than $300 billion in additional funds for the Paycheck Protection Program (PPP) designed...

READ MORE >
Today In Payments: Public Businesses Reap PPP Relief; Grab CEO Says Company Facing ‘Tough Decisions’
Today In Payments: Public Businesses Reap PPP Relief; Grab CEO Says Company Facing ‘Tough Decisions’
April 21, 2020  |  News

In today’s top news, millions of dollars from the Paycheck Protection Program (PPP) have not gone to benefit small and medium-sized businesses (SMBs), and the...

READ MORE >
Thierry Breton Says EU Needs $1.7T For COVID-19 Relief 
Thierry Breton Says EU Needs $1.7T For COVID-19 Relief 
April 21, 2020  |  Coronavirus

A $1.7 trillion relief package will likely be necessary to help the European Union economically rebound from the coronavirus pandemic, the EU’s industry chief Thierry...

READ MORE >
Amid Scramble For Fed Funds, Fundamental Question: Who’s An SMB?
Amid Scramble For Fed Funds, Fundamental Question: Who’s An SMB?
April 21, 2020  |  Economy

The middle of a deepening recession may not be the best time to play with semantics. But as the scramble for the $349 billion allocated...

READ MORE >
Schumer: ‘We Have a Deal’ On More PPP Funding, Although GOP Not Quite Sure
Schumer: ‘We Have a Deal’ On More PPP Funding, Although GOP Not Quite Sure
April 21, 2020  |  Loans

U.S. Senate Minority Leader Chuck Schumer (D-New York) said on Tuesday (April 21) that “we have a deal” on a new $300 billion-plus package of...

READ MORE >
Main Street ‘Cash Chasm’ Too Deep For Many SMBs
Main Street ‘Cash Chasm’ Too Deep For Many SMBs
April 21, 2020  |  Coronavirus

It’s been two weeks since the Payroll Protection Program (PPP) began accepting applications for emergency aid, and as of April 16, the Small Business Administration’s...

READ MORE >
IRS Puts Tax Refunds In Storage As It Works On Stimulus Checks
IRS Puts Tax Refunds In Storage As It Works On Stimulus Checks
April 21, 2020  |  Taxes

Tax refund season has turned into a nightmare for the Internal Revenue Service (IRS), which now has whole storage units full of unopened refund requests...

READ MORE >
Restaurants Seek More Aid As April Losses Could Top $50B
Restaurants Seek More Aid As April Losses Could Top $50B
April 20, 2020  |  Coronavirus

With U.S. restaurants facing prospects of losing an estimated $240 billion by year’s end, the industry has asked Congress for more financial aid as the...

READ MORE >