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

SMBs Scramble For Cash As PPP Runs Dry
SMBs Scramble For Cash As PPP Runs Dry
April 16, 2020  |  Loans

As lawmakers battle over how the next round of bailout money for small businesses should be spent, the president and CEO of Atlanta’s Federal Reserve...

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Looking Back — And Ahead At What’s Next — As PPP Runs Dry
Looking Back — And Ahead At What’s Next — As PPP Runs Dry
April 16, 2020  |  Economy

And just like that: No more. Not now. For the time being, anyway. Small business owners have tapped into, and exhausted, the $349 billion Paycheck Protection...

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Automatic BOOST To Communities Act Resurfaces Digital Dollars
Automatic BOOST To Communities Act Resurfaces Digital Dollars
April 16, 2020  |  Payment Methods

To help provide U.S. taxpayers with stimulus payments to get through the recession brought about by the coronavirus, the idea of a digital dollar has...

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IRS Has Rocky Start With Stimulus Funds As Money Misrouted
IRS Has Rocky Start With Stimulus Funds As Money Misrouted
April 16, 2020  |  Coronavirus

From error messages on the Get My Payment tool to misrouted funds and checks sent to dead people, the IRS is having a tough time...

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SBA Emergency Loan Program Bombarded With Over 3 Million Applications
SBA Emergency Loan Program Bombarded With Over 3 Million Applications
April 16, 2020  |  B2B Payments

After receiving over 3 million applications as the coronavirus pandemic continues, an emergency loan program helmed by the Small Business Association (SBA) is running low...

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Walmart To Customers: Get Stimulus Check Deposited In MoneyCard Account
Walmart To Customers: Get Stimulus Check Deposited In MoneyCard Account
April 15, 2020  |  Walmart

Walmart is hoping customers will sign up for its Walmart MoneyCard to create a direct deposit account to access the government stimulus payments being sent...

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Airlines And Restaurants Grapple With The Capacity And Cash Burn Challenges
Airlines And Restaurants Grapple With The Capacity And Cash Burn Challenges
April 15, 2020  |  Coronavirus

The coronavirus has challenged any number of businesses on several levels – and among the most challenged verticals have been the restaurant and airline segments....

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Judge Lets Bank Of America Favor SMB Clients With PPP Loans
Judge Lets Bank Of America Favor SMB Clients With PPP Loans
April 15, 2020  |  B2B Payments

A federal judge has ruled that Bank of America (BoA) can prioritize its own customers in distributing loans for the $349 billion Paycheck Protection Program...

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Bank Sites Deluged With Stimulus Payment Status Checks
Bank Sites Deluged With Stimulus Payment Status Checks
April 15, 2020  |  Coronavirus

Some U.S. banks are experiencing website issues Wednesday (April 15) as customers log on to see if their stimulus payment has been deposited. ThousandEyes, a...

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