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May 13, 2021
$2 Billion Worth Of Stimulus Checks Remain Unclaimed: Is Yours Still Available? KEY POINTS Uncashed checks are voided 12 months after the date of issuance Americans can still claim their missed payments by filing a Recovery Rebate Rate More than $2 billion worth of stimulus checks remain unclaimed or uncashed, according to data from the Internal Revenue Services. The Economic Impact Payment, which is included in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), provided ...
May 13, 2021
Call the Bank Now: $1,800,000,000 in Stimulus Checks Just Went Out The IRS Thursday issued its weekly report about the dispersal of the stimulus checks from the American Rescue Plan. The latest batch, which is the ninth since the payments began in early March, consisted of 960,000 payments, totaling over $1.8 billion. The IRS Thursday issued its weekly report about the dispersal of the stimulus checks from the American Rescue Plan. The latest batch, which is the ninth since the payments began i...
May 13, 2021
Bidenomics Working? U.S. Jobless Claims Drops to New Pandemic Low. The number of Americans filing for initial jobless aid dropped to a crisp pandemic low last week as the country continues to recover from the economic crisis fueled by the coronavirus pandemic. The number of Americans filing for initial jobless aid dropped to a crisp pandemic low last week as the country continues to recover from the economic crisis fueled by the coronavirus pandemic. About 473,000 workers filed for unemployme...
May 13, 2021
A New Stimulus Plan Is Out (For Essential Workers Only?) The Treasury Department recently released its guidance into what cities and other local governments can do with the money allocated to them by the American Rescue Plan. Could cash go to hazard pay for essential workers? The Treasury Department recently released its guidance into what cities and other local governments can do with the money allocated to them by the American Rescue Plan. Per Forbes, one of the lesser-known provisions in...
May 12, 2021
A pair of Indonesian hackers were arrested last month after stealing $60 million from pandemic aid, money set aside by the federal government that served to help Americans struggling in financial turmoil due to the pandemic.
May 1, 2021
IRS reported that The American Rescue Plan enacted on March 11 will exclude $10,200 as unemployment compensation paid in 2020. Here's how to know if you are eligible.
April 27, 2021
The highly anticipated sixth batch of coronavirus stimulus checks under President Joe Biden’s $1.9 trillion American Rescue Plan included two million more payments to financially hurt Americans.
April 26, 2021
There have been reports of parents of babies born this year wondering whether their child is included in the third round of coronavirus stimulus checks under President Joe Biden’s American Rescue Plan. The good news is that parents who are eligible for the stimulus benefits do, in fact, qualify for the money.
April 24, 2021
$1,400 Stimulus Check Update: How to Make Sure You Get Your Money Some people have reportedly received a confirmation letter—shown as Notice 1444 or Notice 1444-B—from the IRS stating that their payment was issued even though they have yet to receive it. For most Americans who are eligible to receive the latest round of coronavirusstimulus checks, they likely already have those funds in their bank accounts. But know that there have been concerning reports that are indicating that some U.S. ...
April 20, 2021
Another Stimulus Check? California Residents To Receive Up To $1,200 Direct Payments Soon KEY POINTS The state-only checks are part of Californias $7.6 billion coronavirus relief plan The stimulus payment cannot be garnished or offset to cover a debt, child support or spousal support Eligible Californians are set to receive a one-time direct payment of up to $1,200 as part of the $7.6 billion Golden State Stimulus package. California’s Franchise Tax Board (FTB) is sending an extra $600 one...