Non-Filers can Register with the IRS to Receive an Economic Impact Payment
As we inch toward the confirmation of a second Economic Impact Payment, there are a few important notes to consider. While you may still be eligible for a payment if you don’t normally file tax returns, you’ll need to provide your information to the IRS soon to qualify. Individuals who earn under $12,200 per year, married couples who make under $24,400 per year, and others who rely solely on federal benefits have the opportunity to send their information to the IRS through their convenient non-filers tool.LEARN MORE
Am I Eligible to Receive an Economic Impact Payment?
By this point in the economic stimulus conversations that transpired this past spring, the eligibility requirements for the first Economic Impact Payment were clear. With heated and persistent debates continuously delaying the second Economic Impact Payment, the information we’re all looking for now may be harder to find.LEARN MORE
Those who Receive Federal Benefits can still get an Economic Impact Payment for their Children
In April 2020, we talked briefly about the $500 credit per dependent child under 16 in the first coronavirus relief package. When it came to determining who was qualified for the credit, there was a lot of conflicting information floating around. With information coming in from every possible direction, it seems that some people missed out on the per-child payment the first time around.LEARN MORE
You May Qualify for an Economic Impact Payment, Even if You Don’t Normally File Taxes
Earlier this year, most American adults received an economic stimulus check as part of the original $2 trillion coronavirus recovery package. Now, we’re looking ahead to the next one, as negotiators work toward a new coronavirus relief package. Once the House and the Senate can agree on certain details in the package, a second Economic Impact Payment can be expected.LEARN MORE
Tips for an Affordable Last-Minute Memorial Day 2020 Weekend Getaway
Memorial Day is a holiday that most of us look forward to each year. It’s a weekend for the sun, loved ones, good food, and celebrations. It also happens to be a long weekend, and though the spirit of Memorial Day is to recognize our past and present soldiers and their sacrifices, so many of us will find ways to travel and enjoy some time away.LEARN MORE
Understanding Your Stimulus Check
By now, we’re all eagerly anticipating our COVID-19 stimulus payments. With every update regarding the payments, we’re given a few answers, but it seems we finish reading with just as many questions. If you’re wondering how much you’ll receive as a result of the Coronavirus Aid, Relief, and Economic Security Act that was signed into law late last month, there’s an easy way to calculate your total and find answers to your other questions.
What You Need to Know about Your Upcoming Stimulus Check
If you’ve been following the news related to the coronavirus, you likely know that the White House and leaders of Congress recently negotiated a $2 trillion recovery package. As part of this package, various taxpayers across the United States may be able to receive a $1200 stimulus check.LEARN MORE