by Paula Kennedy, EA | Jun 30, 2020 | COVID-19
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....
by Paula Kennedy, EA | May 28, 2020 | COVID-19
If you’re still expecting to receive a stimulus payment from the IRS in the form of a paper check, there may be a surprise coming in your mailbox soon. The U.S. Treasury Department has announced that the IRS will begin sending out four million stimulus payments on...
by Paula Kennedy, EA | May 26, 2020 | COVID-19
Nearly everyone has heard about the Economic Impact Payments (EIPs) that the federal government is sending to help mitigate the effects of the coronavirus (COVID-19) pandemic. The IRS reports that in the first four weeks of the program, 130 million individuals...
by Paula Kennedy, EA | Apr 24, 2020 | COVID-19
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...
