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WASHINGTON (Reuters) - The U.S. Treasury Department on Wednesday unveiled a new office to oversee the implementation of economic relief programs, including nearly $420 billion in programs under President Joe Biden’s $1.9 trillion COVID-19 rescue plan.
FILE PHOTO: The United States Department of the Treasury is seen in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly/File Photo
The new office will report to Deputy Treasury Secretary Wally Adeyemo and will be led by Jacob Leibenluft, a counselor to Treasury Secretary Janet Yellen, who will work closely with Gene Sperling, the White House rescue plan coordinator.
Consolidating the recovery programs covered under Biden’s American Rescue Plan (ARP) and others enacted under the Trump administration’s CARES Act will improve efficiency, equity and outreach to grantees, Adeyemo told reporters.
What if You Didn’t Get Your Stimulus Checks in 2020?
There are still some options for those who are entitled to one or more payments, but who have not received them yet.
Following the passage in March 2021 of the American Rescue Plan, the latest round of stimulus checks has gone out to most Americans, who will receive $1,400 this spring.
But some people are still waiting on their checks from the last two rounds of stimulus, from the two bills that were passed in 2020.
What should people do if they never got their 2020 checks?
The IRS has some information about that.
Texas veterans to receive $1,400 payments beginning this week krgv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from krgv.com Daily Mail and Mail on Sunday newspapers.
Tuesday, April 13, 2021
Presented below is our summary of significant Internal Revenue Serve (IRS) guidance and relevant tax matters for the week of April 5, 2021 – April 9, 2021. Additionally, for continuing updates on the tax impact of COVID-19, please visit our resource page here.
April 5, 2021: The IRS issued a news release announcing that it is mailing letters to certain taxpayers who claimed the 2020 Recovery Rebate Credit, explaining why they may be getting a different amount than expected.
April 5, 2021: The IRS issued a news release estimating that more than $1.3 billion of unclaimed income tax refunds are available to the estimated 1.3 million taxpayers who did not file a 2017 Form 1040 and reminding such taxpayers to file their 2017 returns before the May 17, 2021, deadline for claiming refunds.
IRS Sends $1,400 Stimulus Checks Final Batch, Here s When to Request Payment Trace hngn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hngn.com Daily Mail and Mail on Sunday newspapers.