The $ 484 billion stimulus bill the U.S. House of Representatives is expected to pass this week will help infuse some of New York City’s small businesses with much-needed cash, but could leave out hundreds—if not thousands—of the city’s smallest enterprises, advocates said. “It’s starting to feel pretty desperate,” said …
Read More »The Moneyist: ‘I was punished for being responsible. I filed my 2019 taxes early — and received almost no stimulus check’
Dear Moneyist, In 2018, I made about $ 155,000 with my wife. In 2019, I got a promotion and our combined annual income was $ 198,000. I filed my taxes early as I am very responsible, and now I found out that, had I had not filed my 2019 taxes, …
Read More »The IRS is sending $1,200 stimulus checks to dead people
Many Americans are eagerly anticipating stimulus checks of up to $ 1,200 starting this week, but in a few cases the recipients won’t be celebrating — because they’re dead. The IRS began distributing $ 290 billion in direct cash payments within the past week as part of a $ 2 …
Read More »Do I have to pay back my $1,200 stimulus check? Don’t fall for these five myths about the stimulus payments
The $ 2 trillion stimulus bill that authorized direct checks to millions of Americans is a sprawling and complicated piece of legislation — true story. But here’s another true story: your money is yours to save, spend, invest or donate because it’s not a loan Uncle Sam is expecting you …
Read More »COVID-19 stimulus checks: What you need to know
By now, you’ve heard a lot about the COVID-19 stimulus checks, and maybe you’re even one of the millions of Americans who have already received one; the first delivery started dropping earlier this week. There’s a lot of online chatter about who’s eligible, how much to expect and when checks …
Read More »The Wall Street Journal: Trump wants his signature to appear on coronavirus stimulus checks
WASHINGTON — President Trump signed a roughly $ 2 trillion stimulus package into law, hours after House lawmakers hustled back to the Capitol to pass the aggressive response to the coronavirus pandemic that has staggered the U.S. economy. Read now: Will you get a $ 1,200 check from the $ …
Read More »Stock market gets a jolt from stimulus bill
In its best three-day stretch since 1931, Wall Street roared back to life this week despite some incredibly abysmal unemployment numbers. The big news that helped rally markets was the Senate passing a $ 2 trillion stimulus bill. The bill includes a payout to American families, a $ 500 billion …
Read More »Capitol Report: House set to pass $2 trillion coronavirus stimulus package today, but Kentucky Republican’s move may delay voting
The House on Friday debated a $ 2 trillion coronavirus stimulus package to help the U.S. economy cope with the pandemic, and while the chamber is expected to pass the massive bill it may be through a slower voting process because of a Republican congressman’s objections. House Speaker Nancy Pelosi …
Read More »Will you get a $1,200 check from the $2 trillion stimulus bill? That depends on how much money you make
Millions of Americans are slated to receive $ 1,200 checks as part of a $ 2 trillion stimulus deal — but there’s a cutoff determining who’s eligible for the money. People making over $ 99,000 and married couples making above $ 198,000 will not be receiving the payments, according to …
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