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Friday, March 29, 2024
The federal government of the United States of America has already decided to provide no additional stimulus checks to the people. On the other hand, several US states have come forward to provide relief aid to their residents during this time of inflation. People all over the US are...
If you are extremely eager to file for your taxes in order to receive a tax refund on the stimulus check payment, an alert from the 3rd of February should ideally stop you in your tracks. The agency has warned that if you have received the funds in 2022,...
The first two years following the pandemic saw the federal government actively involved in sending out stimulus checks. But this enthusiasm was totally missing in 2022 as political intrigue in Washington ensured that people had to go without federal support at a time they needed it the most. The states...
The IRS or the Internal Revenue System recently issued guidance about how the department would be handling the state stimulus payments. The payments would be coming in a week from the date of writing, and this information does provide one with an inkling as to how one should proceed...
The IRS has recommended that some taxpayers should be holding off on filing their tax returns for 2022, as it will be taking a closer look at the stimulus check programs in some of the states like Georgia, and South Carolina. In the state of South Carolina, the state...
Last week the IRS announced some consequences the residents or the stimulus check claimer might face if they file for their taxes. Residents were worried about even the payments are taxable or not. Clearly, it isn't. Residents were crying for help, and the states came up with plans and...
Biden’s second State of the Union address harped strongly on the US economy and its performance post-pandemic, which generally coincided with his two years at the top. The federal support in the war against inflation was bipartisan in the initial year when the first two of the three stimulus...
Inflation has cooled down but the struggle continues among middle-class. They took up two to three jobs to meet ends, and when that didn't work out they asked for a further stimulus check. But later that too got rejected cause the IRS needed a solid reason to provide another...
While most Americans have been waiting for another stimulus check a sudden realization has been dawning on them if they would be taxed on the stimulus check or if the money given is a tax refund or tax rebate. Internal Revenue Service comes to the rescue. Expectations are such...
Another round of the Social Security Administration payments to retirees, the disabled, and the blind will be this month and will be worth a maximum of $4,555 which was issued to beneficiaries on Wednesday this week. The amount assumes significance in the absence of federal stimulus checks. Social Security stimulus...
New stimulus check payments of around $4555 are being announced, which would form a part of the economic assistance program that has been offered by the US government. These direct payments will definitely help a large section of the American population after the economy was severely hit by Covid-19....
Many residents asked if the stimulus check they were being paid by the IRS were taxable at all, well many theories speculated. But none could give a proper or satisfying answer to it. However, the IRS came up with a bunch of advice that could be beneficial for the...
Since tax season has begun, the IRS has issued a warning to taxpayers that their refunds will be lower than usual if they do not qualify for certain tax advantages of COVID-19. Michele Cagan, a certified public accountant, has noticed a "reversion backing up to pre-COVID levels" in most areas....
The federal and state stimulus checks went out to millions in the past three years starting immediately after the pandemic crossed over into America in 2020. Starting within weeks of the shutdown initiated by the pandemic, the federal administration scrambled to contain the pandemic while trying to ensure that...
The previous stimulus check was made a couple of years ago and since then various discussions have been going on over the issue that another stimulus check should or should not be passed in the coming future. With the ongoing pandemic since the summer of 2020, three stimulus checks have...
The Stimulus checks have been long gone for the last two years and taxpayers are still in doubt about whether there’s any foreseeable future for these direct payments. Ever since April 2020, there have been 3 stimulus payments issued in total, the latest one being in March 2021 for...
There is no guarantee that another or fourth round of stimulus checks would come. Three rounds of payments were issued starting from 2020 march to 2021 march. A generous amount helped billions of families during the most crucial time. Many lost their jobs and the economy crashed worldwide. People...
2021 marked the end of the regular stimulus check from the federal administration. Other reliefs from Washington, including the expanded Child Tax Credit stimulus check and other forms of relief, were also stopped as the Biden administration came up against an inflexible opposition in the Republicans. But 2022 was in...
 A man who used to live in Kansas City, now a Missouri resident, scammed the IRS, a stimulus check provider. To gain money from the government. He has billions of identities now, used dead people's names to acquire the sum, and later became a pro at it. He has...
For many, the winter months are difficult because of the cost of heating their homes. State officials in Maine have devised a program called the Emergency Energy Relief Plan to help residents cope financially. Eligible taxpayers can receive stimulus checks as financial aid up to a $450 grant to...