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Monday, dec 30
Tag:
Stimulus Checks
News
More Stimulus Money Could Be On The Way, Feds Say
Haven’t received any federal stimulus checks yet? Well, now a fourth payment from the U.S. Treasury Department may arrive soon, federal officials say. Debate persists in the U.S. Congress and among other public officials over how many dollars will be spent and who will get the money, according to multiple news media reports. A couple dozen congressmen are pushing for new federal stimulus checks with a guarantee that the money will make it to Americans' bank accounts. Some lawmakers also are requesting that the federal government figures out ways to get the money to anyone without a bank…
News
Booker's $2,000 Annual Baby Bond Bonuses Reborn
A presidential campaign pitch to give every American baby up to $2,000 yearly until high school graduation has new life under a Democrat-led U.S. Senate. U.S. Sen. Cory Booker, a Democrat from New Jersey, introduced legislation on Thursday for the federal government to create a $1,000 savings account for every newborn American baby. Dubbed baby bonds, the U.S. government would contribute up to $2,000 every year depending on a family's income. In essence, they are annual federal "stimulus checks" for American children. Booker's bond idea, first suggested during his failed primary…
News
PA Residents Who Use Tax Prep Companies Could See Delayed Stimulus Checks
Pennsylvania residents who use tax preparation companies to file taxes might have to wait a little longer for their stimulus checks, state officials said. Tax preparation companies, like H&R Block and Intuit, use temporary bank accounts when they assist with filing tax returns, Attorney General Josh Shapiro explained. Unfortunately, the IRS used that information to issue stimulus checks, and therefore, some of the checks have been held up. "If you’re eligible for a stimulus check and haven’t received one, you can call the IRS or visit their website to file a complaint," Shapiro said. …
News
IRS Warns Of Brand-New Wave Of Scams Tied To Stimulus Checks,
Covid-
19
ALERT: No sooner did the second round of stimulus checks start going out than a new wave of scams began, authorities said. With COVID-19 still rampant and tax filing season near, thieves have been busy tricking honest Americans out of their hard-earned money, warned Michael Montanez, the special agent in charge of the IRS – Criminal Investigation Field Office in Newark. Aiming to protect them, Montanez assembled information to help New Jersey taxpayers protect their finances and not “fall victim to criminals looking to take advantage of them.” Look out for: Text messages asking taxpayers…