What You Need to Know About the Next Round of Stimulus Checks
Have questions about the second round of stimulus checks? Here’s what to know about eligibility, payment amounts, timing, dependents, taxes, and more.
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IRS Says to Use Get My Payment Tool for Stimulus Check Updates
The IRS Get My Payment tool is open for taxpayers to check the status of their first and second stimulus payments. Here’s how it works and what to expect.
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What’s Section 230 and What Does It Have to Do With Stimulus Checks?
I’ve been asked a lot recently about Section 230, a phrase that’s been tossed around a lot with respect to stimulus checks. Section 230 isn’t a tax provision (in fact, there isn’t even a section 230 in the Tax Code). It’s actually a telecommunications law. And I’m not a tech or intellectual property lawyer: my…
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IRS Answers Some Of Your Stimulus Check Questions
The Internal Revenue Service (IRS) is emphasizing that no action is required by eligible taxpayers for the second round of Economic Impact Payments (EIPs, or stimulus checks). As noted earlier, initial direct deposit payments began arriving as early as last night for some and will continue into next week. Paper checks will begin to be mailed on…
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Treasury Says 2nd Round Of Stimulus Checks Heading Out Soon
Congress may still be debating the size of additional checks, but Treasury is already taking action to deliver a second round of Economic Impact Payments (EIPs, or stimulus checks). This second round of checks is part of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021, passed by Congress last week and signed into…
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President Trump Signs Stimulus Package/Spending Bill Into Law
Earlier this week, the President suggested that he might not sign the stimulus package/spending bill (you can read about what happened – and what it meant – here). However, tonight, the President did sign the bill into law. The bill would do a few things, including: Issue stimulus checks of $600 per person; Extend unemployment…
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Congress Says There’s an Agreement on New Stimulus Checks
(Author’s Note: The bill passed in the House and Senate on December 21, 2020, after this piece originally appeared.) Congress has finally agreed on a COVID relief package. It is the first significant stimulus action from Congress since the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) was signed into law in March…
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Congress Includes Paycheck Protection Program Provisions in Stimulus Bill
(Author’s Note: The bill passed in the House and Senate on December 21, 2020, after this piece originally appeared.) When Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) in March of 2020, the law included provisions intended to help businesses. One of the most popular is known as the Paycheck Protection…
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Here’s What You Need To Know About The 2nd Round Of Stimulus Checks
(Author’s Note: The bill passed in the House and Senate on December 21, 2020, after this piece originally appeared.) Congress has finally agreed on a COVID relief package. It is the first significant stimulus action from Congress since the Coronavirus Aid, Relief, and Economic Security Act or the CARES Act was signed into law in…
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New Covid Stimulus Bill Has PPP Expansion, But No Stimulus Checks
Congress is making some progress on a COVID relief package. If it advances, it would be the first significant stimulus action from Congress since the Coronavirus Aid, Relief, and Economic Security Act or the CARES Act was signed into law in March of 2020. A second relief bill was introduced and passed in the House in…
