16.6 C
New York
Monday, August 2, 2021
The fourth stimulus check continues to be in the news even as the IRS sends out more stimulus checks every week. But many Democratic lawmakers contend that this amount will not be sufficient as Americans continue to suffer from the after-effects of the economic downturn caused by the pandemic....
The IRS has sent out around 165 million stimulus checks to individuals, including a million sent in the latest round. The total value comes to $388 billion since the bill was signed by President Biden on March 11, 2021. And many more are expected to roll out as people...
A little-known bonus hidden in the stimulus check is the COBRA health insurance. The government will pick up the entire tab of all health insurance costs for the next 6 months. The 100% subsidy ensures that more than 2 million Americans laid off after the economic downturn brought about...
Summer is just around the corner, and people are busy planning their long-awaited vacation days. And what could be better than choosing an exotic location for the spring and early sunny summers?   Just like other colder regions people in Canada have been wanting to go out and enjoy the sunbaths...
American citizens are looking forward to receiving the third round of stimulus money for 2021. The payments are expected to continue into the following year as well because of the modifications that were made to quite a few tax credits by the American Rescue Plan. The relief measure for covid...
President Biden is set to reveal his government’s much-vaunted American infrastructure plan that remains at the heart of his policies. It is unreserved in its scope and remains at the core of his plans to revive the economy. The infrastructure plan was merely a policy on paper under Trump. Under...
It was a disaster waiting to happen. High-flying Archegos Capital’s fortune came crashing down in a growing sign of the investor’s insatiable hunger normally getting the better of sane judgment despite a bull run that has so far pushed up the S&P 500 Index by close to 80%. Global banks...
Pete Buttigieg, the secretary of the department of transportation gave a statement with regard to the economic plan of the country that is formulated by President Joe Biden. It was stated that the plan does not talk about the mileage tax or gas tax anywhere. Earlier, a date was...
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...