Multiple states will soon be sending out stimulus checks and other financial relief, a decision that some believe will make the 40-year-high inflation even worse. In California, individuals will get up to $1,050 between October 2022 and January 2023 as inflation relief checks based on their tax filing status and income. The Colorado Cash Back…
Next Wave of Stimulus Checks Coming, Even With Inflation Nearing 40-Year High
Coronavirus Stimulus Checks: IRS Announces Dirty Dozen Tax Scams
This story originally appeared on ValueWalk Years 2020 and 2021 (so far) have been unforgettable years for many, both emotionally and financially. For scammers also it has been an unforgettable year, but in another way. Even though business was down, the distribution of coronavirus stimulus checks gave fraudsters plenty of opportunities to carry out scams. Q1 2021 hedge fund…
More Than 50 Percent of Recent Stimulus Check Money Went to Households Making Under $50,000
The Treasury Department said Tuesday that over half of the near $390 billion disbursed in the third round of stimulus payments went to households with income under $50,000, while more than 85 percent went to households making less than $100,000 per year. Another 10 percent of the third round of economic impact payments (EIP), as the relief…
More Than 50 Percent of Recent Stimulus Check Money Went to Households Making Less Than $50,000
The Treasury Department said on June 29 that more than half of the almost $390 billion disbursed in the third round of stimulus payments went to households with an annual income of less than $50,000, while more than 85 percent went to households making less than $100,000 per year. Another 10 percent of the third round…
IRS Sends Out New Batch of $1,400 Stimulus Checks
Federal authorities announced Wednesday that a new round of $1,400 stimulus checks have been sent out, bringing the total figure disbursed to around $391 billion. The Department of the Treasury, the Internal Revenue Service (IRS), and the Bureau of the Fiscal Service jointly announced that the most recent tranche of payments amounts to more than 1.8…
IRS Announces Third Batch of Stimulus Checks, Including ‘Large Set’ to Social Security Beneficiaries
The Internal Revenue Service (IRS) said federal agencies have started disbursing a third batch of stimulus checks, with a large set of payments this time around going to Social Security and other federal beneficiaries, after reports that some people in this category experienced delays. The IRS, along with the Treasury Department and the Bureau of Fiscal Service,…
House Democrats Raise Alarm on Slow Stimulus Checks to Social Security Recipients and Others
While around 90 million Americans have already received their third-round stimulus checks, reports of delays for millions of others have prompted Democrat lawmakers to press the heads of the Internal Revenue Service (IRS) and Social Security Administration (SSA) to explain the holdup—and get the funds out faster. “The people need their money now,” the House…
IRS Sends Second Batch of Stimulus Cash, Urges People to Watch Mail Carefully for Paper Checks and Debit Cards
The Internal Revenue Service (IRS) has started disbursing a second batch of stimulus cash and is urging people to keep an eye out for paper checks and debit cards arriving in the mail after some people threw them away in earlier relief rounds, thinking they were junk mail. Eligible Americans will soon see the money…
Indiana Man Charged With Killing 4 After Stimulus Check Argument
The Indiana man accused of killing four family members over a stimulus check argument was charged with quadruple homicide on Thursday, a prosecutor said. Malik Halfacre, 25, was also charged with one count of attempted murder, one count of robbery, one count of theft, and one count of carrying a handgun without a license, Marion…
Biden Strikes Deal With Senate Democrats on Stimulus Check Ramps and Unemployment Boost
March 4, 2021
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President Joe Biden and Senate Democrats reached a deal on key provisions of the COVID-19 relief bill Wednesday that will see the pandemic unemployment benefit top-up stay at $400 through August, while eligibility thresholds for the $1,400 direct payments to American families will be tighter. White House press secretary Jen Psaki was asked at a…
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