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Are Finance Bros Taking Stimulus Check Funds From Homeless Americans?

Buried in an already disheartening article about how homeless Americans are struggling to get their stimulus checks is an even more depressing accusation: finance bros are offering to help homeless people get stimulus payments, not out of the goodness of their heart, but in exchange for a hefty fee.

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Missing Your $1,400 Stimulus Check? You Still Might Be Able to Cash In.

Under the $1.9 trillion American Rescue Plan, the Internal Revenue Service and U.S. Treasury announced via their latest update that one hundred fifty-six million coronavirusstimulus checks have been disbursed to cash-strapped Americans.

While millions of Americans already have seen the payments direct deposited into their respective accounts, there are still plenty of financially struggling taxpayers who have been left on the sidelines.
For those who fit into this unfortunate category, keep in mind that they can still try to claim the money that they’re legally entitled to from the U.S. government. For this particular tax season, a Recovery Rebate Credit has been added to all returns, so that people mired in this situation can eventually get their hands on the overdue payments.

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$1,400 Stimulus Check: What Are People Spending Their Cash On?

So what are Americans spending their stimulus money on? The New York Fed recently looked at that question.

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1,400 Stimulus Checks: Who Exactly Qualifies for a Payout?

What’s the eligibility status if one isn’t a U.S. citizen or is currently living in a U.S. territory?

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$1,400 Richer? How to Know If Your Stimulus Debit Card or Check Is Legit

$1,400 Richer? How to Know If Your Stimulus Debit Card or Check Is Legit
Among the nearly one hundred thirty million $1,400 coronavirus relief checks sent out to financially struggling Americans, more recently, the payments are coming in the form of paper checks and prepaid debit cards.
Among the nearly one hundred thirty million $1,400 coronavirus relief checks sent out to financially struggling Americans, more recently, the payments are coming in the form of paper checks and prepaid debit cards.
“The IRS continues to send the third round of stimulus payments in record time,” IRS Commissioner Chuck Rettigsaid in a statement. “Since this new set of payments will include more mailed payments, we urge people to carefully watch their mail for a check or debit card in the coming weeks.”

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Wells Fargo Under Fire For Withholding Stimulus Checks Until Next Week

Wells Fargo Under Fire For Withholding Stimulus Checks Until Next Week
03/13/21 AT 11:13 AM
Some Americans are patiently awaiting the arrival of their stimulus checks/direct deposits this weekend, but those who bank with Wells Fargo will have to wait an additional few days to see theirs in their accounts.
President Joe Biden’s signature was the last stop the $1.9 trillion American Rescue Plan had to make before it was officially implemented, which happened last week. The IRS has been working fast to get those $1,400 stimulus checks out, as well as process 2020 tax returns.
The internet has been taking jabs at Wells Fargo since its announcement of a Wednesday, March 17 deposit. Customers are upset and concerned as to why they can’t receive their money as soon as it’s available.

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Mid-Southerners anxiously await next stimulus check

Mid-Southerners anxiously await next stimulus check
Stimulus check to provide much-needed relief for Memphis mother
By Kelli Cook | March 11, 2021 at 9:25 PM CST - Updated March 11 at 10:15 PM
MEMPHIS, Tenn. (WMC) - President Joe Bidenâs team says stimulus checks should start arriving as early as this weekend and for one mother I spoke to said the additional funds are certainly needed.
âI have rent, light bill, car note and I have all that and two kids and kids staying at home eat a lot,â said 29-year-old Gabrielle Churchman.
She says itâs been a tough year, but sheâs actually one of the lucky ones thanks to steady employment at Lifeline to Success in Frayser, but it hasnât been perfect.

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Stimulus Check Update: $1,400 Payments May Affect Tax Returns, Here's Why

Stimulus Check Update: $1,400 Payments May Affect Tax Returns, Here’s Why
03/12/21 AT 9:41 AM
Many Americans are eagerly awaiting their third stimulus checks after President Biden signed his enormous $1.9 Trillion American Rescue Plan into law, but while $1,400 direct payments could arrive in many bank accounts as soon as this weekend, the relief payments could stall other money that Americans might be expecting from their federal income tax returns.
With the IRS processing not only tax returns but also the stimulus payments, the newest round could cause a further backlog when it comes to processing tax returns that have been filed, WDAF, a FOX affiliate station reports.

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Stimulus Check Update: Here's When You Can Expect Your $1,400 Check

If the COVID-19 relief package passes through the House for one last time, the IRS could send checks out as soon as this month.

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Stimulus update: Here's what's in the House Democrats' massive coronavirus relief package

Here's what's in the House Democrats' stimulus relief bill.

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