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Economic Impact Payments

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COVID-19: Letter From White House With Stimulus Payment Info Not A Scam, IRS Says COVID-19: Letter From White House With Stimulus Payment Info Not A Scam, IRS Says
Covid-19: Letter From White House With Stimulus Payment Info Not A Scam, IRS Says Americans who received a stimulus check during the COVID-19 pandemic can expect to see a letter coming in the mail from President Joe Biden. The IRS wants consumers to know that letters coming from the White House bearing Biden’s name and signature are not part of a scheme, and are filled with tax information on COVID-19 stimulus payments. Recently, the IRS has been issuing letters from the White House outlining how much money was issued for stimulus payments and providing a website to obtain more information. The letters are written on White House stationery with Biden’s signature on the …

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by Zak Failla
Lifestyle
COVID-19: Here's How Many Stimulus Checks Treasury Has Sent, How To Track Status Of Yours COVID-19: Here's How Many Stimulus Checks Treasury Has Sent, How To Track Status Of Yours
Covid-19: Here's How Many Stimulus Checks Treasury Has Sent, How To Track Status Of Yours Tens of millions of Americans have received their third COVID-19 stimulus relief checks worth a total of $242 billion as part of President Biden’s $1.9 trillion American Rescue Plan. According to a report released on Wednesday, March 17 from government agencies, approximately 90 million $1,400 checks have been cut to Americans, with most sent by direct deposit.  Approximately 150,000 physical checks worth approximately $442 were also sent out in the first wave. The first round of payments started showing up in people’s bank accounts this weekend, the Treasury Department and IRS annou…

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by Zak Failla
Business
COVID-19: Here's How To Track Status Of Stimulus Check COVID-19: Here's How To Track Status Of Stimulus Check
Covid-19: Here's How To Track Status Of Stimulus Check Impatient Americans waiting on their third COVID-19 stimulus check now have a tool as the IRS reopened its “Get My Payment” tool. Using the online aid, taxpayers can keep track of their $1,400 payment that started hitting some Americans’ bank account as recently as this weekend. “Get My Payment” is updated daily, typically overnight, and is a means to avoid having Americans flooding the IRS phone lines asking where their stimulus check is. Officials noted that those working the phones do not have any information that isn’t listed on the IRS website. To check the status, one simply has to g…

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by Zak Failla
Business
Don't Toss That Envelope From Omaha -- It Has Your Federal Stimulus Prepaid Debit Card Don't Toss That Envelope From Omaha -- It Has Your Federal Stimulus Prepaid Debit Card
Don't Toss That Envelope From Omaha -- It Has Your Federal Stimulus Prepaid Debit Card If a plain white envelope from Omaha, Nebraska arrives in the mail, don’t throw it away. It may be your federal stimulus payment. Last week, the IRS and U.S. Treasury Department began mailing Economic Impact Payments as prepaid debit cards. In addition to a P.O. Box in Omaha, the return address says the letter is from "Money Network Cardholder Services." Nearly 4 million Americans waiting for their slice of the $2.2 trillion CARES Act are expected to get their stimulus money in the form of an EIP Card, as opposed to a paper check signed by President Donald J. Trump. The trouble is, th…

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by Jon Craig