15.5 C
New York
Sunday, April 18, 2021
The 2021 Child Tax Credit payment for every qualifying dependent child as part of the American Rescue Plan Act, 2021 is expected by summer. It maxes out at $3,600 for children 5 and younger and is at $3,000 for children aged between 6 and 17.  The payments will be...
You can expect your stimulus check in your mailbox if you have not already received the amount in your bank account. But you need to also know the way you can identify and trace it. If in doing so you realize that it is not on its way, you...
We have come to the first cutoff date for delivery of the stimulus check. Are you still to get your $1,400? A  total of 127 M stimulus checks have already gone out with 37 M going out just by the weekend. We will give a breakdown of how the...
The rules of qualifications have altered quite a bit for the third stimulus check. An overwhelming majority of American households have qualified for the COVID-19 economic stimulus relief check. Around 85% are eligible for the stimulus check and more than 90 million Payments have already been sent by the...
$242 billion has already been dispatched and has hit banks. This was revealed by the IRS and the Treasury Department. Here is a look at the initial batch that received it. Check if you are among those who have already received their third stimulus check? You will also get...
Another tax deadline 2020 pushed back to make tax-filing and settling of bills easier on the people. The IRS (Internal Revenue Service) and the Treasury department postponed the tax deadline 2020 that was due on the 15th of April to the following month, on May 17th. The news was confirmed...
Every baby will bring a wider smile to their parents' faces as they prepare to file the tax returns for 2020. The government has given them an additional stimulus check too. And you could be in for a pleasant surprise as you will receive an additional $1,100 for your...
The American Rescue Plan, which is worth 1.9 trillion dollars, was signed earlier this weekend. The law, as enforced, including a 1400 dollar payment of stimulus checks to citizens who qualify for the benefits. From the moment it was signed, the very next day, checks began arriving in accounts...
The COVID-19 relief bill awaiting President Biden’s signature is aimed at defeating the raging pandemic and jump-starting the American economy. A slew of measures has been put forth over and above the stimulus check. The legislation will send much more than the $1,400 stimulus checks to most American households....
The promised relief bill was finally approved by President Biden last Thursday. The bill includes a child tax credit clause that was one of the winning promises of Biden’s campaign. Experts say that it is expected to children suffering from poverty to half as many, at the very least. That...
It was a battle alongside party lines, but the Democrats in the House of Representatives finally managed to push the Bill through to land on President Biden’s desk. It has proven to be a major victory. The government would now be able to marshal its spending clout against the...
As the $1.9 trillion Covid-19 relief bill is on its way to becoming law, we would prefer to know beforehand the amount we might expect. As the calculations are a bit complex, the figure of $1,400 per individual for the third stimulus check is not exact. It is the...
We are on the home run of the Covid-19 payments and the third stimulus check should be on its way soon. The payment is part of the nearly 2 Trillion relief package approved on Saturday after some changes in the Senate It is expected to be signed immediately after...
Biden’s $1.9 trillion covid relief package is facing the final hurdle. Senators have been putting in overtime to get the bill ready for the vote. The Democrats are looking to pass the bill without a single nod of assent from the Republicans. The bill would be a massive gamble,...
The third round of stimulus checks is in its final stages. It is worth $1,400 per person, the highest amount so far. The Senate is fine-tuning the bill to get the money to the people who need it the most as soon as possible. With how the discussions are...
The third stimulus check of $1,400 is expected to be in effect by the end of March. However, with this third round, there are a lot of changed qualifications. Those on child support and the number of dependents in the family will decide how much you are eligible for...
For the first time this year, the poverty rate in America has fallen. The Biden administration’s stimulus checks, as well as jobless aid, have reportedly helped 1.6 million Americans out of poverty. Capitol Hill had passed a bill amounting to 900 billion dollars for covid relief in December. It included...
The proposed $1.9 trillion coronavirus bill is making quick progress. Hopes are high that another round of stimulus checks will be given soon. President Biden’s insistence on the immediacy of the bill remains firm. Also referred to as the American Rescue Plan, the bill is set to now appear in...
Oil prices increased by about $1 as a wave of optimism hit the global market. This came after the U.S. government managed to make progress on the covid relief bill. The Brent Crude saw the oil price rise by 0.71% or 46 cents. They now come at a price of...
The moderate wing and the left-wing of the Senate are finding themselves on conflicting grounds on the proposed Covid Relief Bill. The recent effort to raise the minimum daily wage to $15 per hour has failed. This is not a good sign for other progressive reforms that were promised...