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Economic Impact Payments

Required to Return Economic Impact Payments?

Required to Return Economic Impact Payments?

The IRS and the U.S. Treasury had disbursed 160.4 million Economic Impact Payments (EIPs) as of May 31, 2020, according to a new report. These are the payments being sent to eligible individuals in response to the economic threats caused by COVID-19. The U.S....
Answers to Economic Impact Payment Questions

Answers to Economic Impact Payment Questions

Millions of eligible Americans have already received their Economic Impact Payment (EIP) via direct deposit or paper checks, according to the IRS. Others are still waiting. The payments are part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Here...