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Boosted child tax credits to hit bank accounts starting this week: What to know
Read full article: Boosted child tax credits to hit bank accounts starting this week: What to knowMost U.S. families will receive increased child tax credits this year as part of the American Rescue Plan enacted earlier this year by President Joe Biden.
Boosted child tax credits to hit bank accounts starting today: What to know
Read full article: Boosted child tax credits to hit bank accounts starting today: What to knowMost U.S. families will receive increased child tax credits this year as part of the American Rescue Plan enacted earlier this year by President Joe Biden.
Boosted child tax credits to hit bank accounts starting July 15: What to know
Read full article: Boosted child tax credits to hit bank accounts starting July 15: What to knowMost U.S. families will receive increased child tax credits this year as part of the American Rescue Plan enacted earlier this year by President Joe Biden.
Boosted child tax credits to hit bank accounts starting July 15: How much, who qualifies
Read full article: Boosted child tax credits to hit bank accounts starting July 15: How much, who qualifiesMost U.S. families will receive increased child tax credits this year as part of the American Rescue Plan enacted earlier this year by President Joe Biden.
Have you received your stimulus payment yet? Many still waiting due to glitch
Read full article: Have you received your stimulus payment yet? Many still waiting due to glitchMillions of Americans are still waiting on their stimulus check. If you haven’t received your stimulus payment you should contact the IRS. READ: More stimulus payment coverageCheck the status of your stimulus paymentThe IRS relaunched its “Get My Payment” tool. According to the IRS, some people received their first stimulus payment in partial payments. If you received partial payments the application will only show the most recent.
When will you get your stimulus payment? Here’s how to track the $1,400
Read full article: When will you get your stimulus payment? Here’s how to track the $1,400Stimulus checks started rolling into bank accounts over the weekend but there are still a lot of people with questions about their stimulus payment. READ: 3rd stimulus check update: How to track your $1,400 payment from IRSHow can you track your stimulus payment? The IRS offers a Get My Payment tool that you can use to track the status of your stimulus payment. Click here to track your stimulus payment. The legislation provides a payment of $1,400 for a single taxpayer or $2,800 for a married couple that files jointly, and $1,400 per dependent.
3rd stimulus check update: How to track your $1,400 payment from IRS
Read full article: 3rd stimulus check update: How to track your $1,400 payment from IRSAnother round of COVID-19 stimulus checks are due to most Americans after Democrats successfully pushed through a $1.9T relief bill signed by President Biden last week. (March 15-March 19)You will receive payments quicker if you’re set up for direct deposit with the IRS. How to track stimulus paymentYou can track your stimulus payment using the IRS Get My Payment tool right here. Who is eligible for $1,400 stimulus payment? The legislation provides a direct payment of $1,400 for a single taxpayer, or $2,800 for a married couple that files jointly, plus $1,400 per dependent.
3rd stimulus check: How to track your $1,400 payment from IRS
Read full article: 3rd stimulus check: How to track your $1,400 payment from IRSCongress has approved another round of stimulus checks to most Americans this month -- here’s what you need to know. The White House said on Thursday that some could see payments as early as this weekend. How to track stimulus paymentYou can track your stimulus payment using the IRS Get My Payment tool right here. Who is eligible for $1,400 stimulus payment? The legislation provides a direct payment of $1,400 for a single taxpayer, or $2,800 for a married couple that files jointly, plus $1,400 per dependent.
How much Michigan, each county will get from $1.9T COVID relief bill
Read full article: How much Michigan, each county will get from $1.9T COVID relief billMichigan is set to receive a big chunk of dollars from the newly signed $1.9T COVID-19 relief package. Most noticeable to many Americans are provisions providing up to $1,400 in direct payments and extending $300 weekly emergency unemployment benefits into early September. More: 3rd stimulus check update: When to expect $1,400 payments, who’s eligibleAdThe COVID-19 relief bill also includes about $65B in funding for states. Related: Biden aims for quicker shots, ‘independence from this virus’According to data compiled by NAOC, Michigan will receive a total of $1,936,889,416. Below is a breakdown of estimated funding by Michigan county:
3rd stimulus check update: When to expect $1,400 payments, who’s eligible
Read full article: 3rd stimulus check update: When to expect $1,400 payments, who’s eligibleCongress has approved another round of stimulus checks to most Americans this month -- here’s what you need to know. AdBiden signed the bill on Thursday afternoon at the White House. President Biden signed the massive bill on Thursday, March 11, which means payments should begin in the coming days. Based on the IRS timeframe from the last round of payments, payments could begin within a few days of passage. The White House said on Thursday that some could see payments as early as this weekend.
3rd stimulus check timeline: Some could see $1,400 payments by this weekend
Read full article: 3rd stimulus check timeline: Some could see $1,400 payments by this weekendCongress has approved another round of stimulus checks to most Americans this month -- here’s what you need to know. AdBiden signed the bill on Thursday afternoon at the White House. President Biden signed the massive bill on Thursday, March 11, which means payments should begin in the coming days. Based on the IRS timeframe from the last round of payments, payments could begin within a few days of passage. The White House said on Thursday that some could see payments as early as this weekend.
3rd stimulus check update: When to expect $1,400 payment after Biden signs bill
Read full article: 3rd stimulus check update: When to expect $1,400 payment after Biden signs billCompounding the hardships of coronavirus, some nursing homes have demanded that low-income residents turn over their $1,200 economic stimulus checks. (AP Photo/Eric Gay, File)Congress has approved another round of stimulus checks to most Americans this month -- here’s what you need to know. The legislation provides a direct payment of $1,400 for a single taxpayer, or $2,800 for a married couple that files jointly, plus $1,400 per dependent. AdBased on the IRS timeframe from the last round of payments, payments could begin within a few days of passage. Read more: Highlights of the COVID-19 relief bill advancing in CongressUnemployment aidExpanded unemployment benefits from the federal government would be extended through Sept. 6 at $300 a week.
Biden signs COVID bill: When to expect 3rd stimulus check and who’s eligible
Read full article: Biden signs COVID bill: When to expect 3rd stimulus check and who’s eligibleGOP lawmakers opposed the package as bloated, crammed with liberal policies and heedless of signs the crises are easing. AdBiden signed the bill on Thursday afternoon at the White House. President Biden signed the massive bill on Thursday, March 11, which means payments should begin in the coming days. Based on the IRS timeframe from the last round of payments, payments could begin within a few days of passage. The White House said on Thursday that some could see payments as early as this weekend.
President Biden signs $1.9T COVID-19 relief bill
Read full article: President Biden signs $1.9T COVID-19 relief billIn the March 10, 202, photo, President Joe Biden speaks in the South Court Auditorium in the Eisenhower Executive Office Building on the White House Campus in Washington. (AP Photo/Andrew Harnik)(Copyright 2021 The Associated Press. All rights reserved)
What’s inside the $1.9T COVID-19 bill passed by Congress
Read full article: What’s inside the $1.9T COVID-19 bill passed by CongressMORE CHECKSThe legislation provides a direct payment of $1,400 for a single taxpayer, or $2,800 for a married couple that files jointly, plus $1,400 per dependent. The bill also requires that small states get at least the amount they received under virus legislation that Congress passed last March. The bill also provides $7.25 billion for the Paycheck Protection Program, a tiny fraction of what was allocated in previous legislation. AdBIGGER TAX BREAKS FOR HOUSEHOLDS WITH AND WITHOUT KIDSUnder current law, most taxpayers can reduce their federal income tax bill by up to $2,000 per child. RENTAL AND HOMEOWNER ASSISTANCEThe bill provides more than $30 billion to help low-income households pay their rent and to assist the homeless.
Child tax credit changes in COVID bill: How much families will get
Read full article: Child tax credit changes in COVID bill: How much families will getThe massive COVID-19 relief bill approved by Congress includes an increase in tax breaks for families. More: What’s inside the $1.9T COVID-19 bill passed by CongressTax breaks for households with and without kidsUnder current law, most taxpayers can reduce their federal income tax bill by up to $2,000 per child. In a significant change, the bill would increase the tax break to $3,000 for every child age 6 to 17 and $3,600 for every child under the age of 6. The bill also significantly expands the Earned Income Tax Credit for 2021 by making it available to people without children. AdMore: Congress approves COVID bill: When to expect $1,400 stimulus checks
Congress approves COVID bill: When to expect $1,400 stimulus checks
Read full article: Congress approves COVID bill: When to expect $1,400 stimulus checksCompounding the hardships of coronavirus, some nursing homes have demanded that low-income residents turn over their $1,200 economic stimulus checks. (AP Photo/Eric Gay, File)Congress has approved another round of stimulus checks to most Americans this month -- here’s what you need to know. (AGI)Related: Child tax credit changes in COVID bill: How much families can getWhen could Americans start seeing payments? AdBased on the IRS timeframe from the last round of payments, payments could begin within a few days of passage. Read more: Highlights of the COVID-19 relief bill advancing in CongressUnemployment aidExpanded unemployment benefits from the federal government would be extended through Sept. 6 at $300 a week.
Stimulus check update: When to expect $1,400 payment and who’s eligible?
Read full article: Stimulus check update: When to expect $1,400 payment and who’s eligible?Compounding the hardships of coronavirus, some nursing homes have demanded that low-income residents turn over their $1,200 economic stimulus checks. (AP Photo/Eric Gay, File)Congress has approved another round of stimulus checks to most Americans this month -- here’s what you need to know. AdWho is eligible for $1,400 stimulus payment? The legislation provides a direct payment of $1,400 for a single taxpayer, or $2,800 for a married couple that files jointly, plus $1,400 per dependent. AdBased on the IRS timeframe from the last round of payments, payments could begin within a few days of passage.
3rd stimulus check update: When to expect $1,400 payment and who’s eligible?
Read full article: 3rd stimulus check update: When to expect $1,400 payment and who’s eligible?Compounding the hardships of coronavirus, some nursing homes have demanded that low-income residents turn over their $1,200 economic stimulus checks. (AP Photo/Eric Gay, File)Congress is expected to approve another round of stimulus checks to most Americans this month -- here’s what you need to know. Who is eligible for $1,400 stimulus payment? The legislation provides a direct payment of $1,400 for a single taxpayer, or $2,800 for a married couple that files jointly, plus $1,400 per dependent. AdBased on the IRS timeframe from the last round of payments, payments could begin within a few days of passage.
Child tax credit changes in COVID bill: How much families can get
Read full article: Child tax credit changes in COVID bill: How much families can getThe massive COVID-19 relief bill nearing approval in Washington includes an increase in tax breaks for families. Tax breaks for households with and without kidsUnder current law, most taxpayers can reduce their federal income tax bill by up to $2,000 per child. In a significant change, the bill would increase the tax break to $3,000 for every child age 6 to 17 and $3,600 for every child under the age of 6. Families would get the full credit regardless of how little they make in a year, leading to criticism that the changes would serve as a disincentive to work. The bill also significantly expands the Earned Income Tax Credit for 2021 by making it available to people without children.
When can you expect to receive the $1,400 stimulus payment? Who’s eligible?
Read full article: When can you expect to receive the $1,400 stimulus payment? Who’s eligible?DETROIT – The $1.9 trillion COVID relief bill could be on President Joe Biden’s desk by the end of the week -- but when will the stimulus payments make their way to citizens? Local 4′s Hank Winchester spoke with Sen. Debbie Stabenow on Monday from Washington. READ: Stimulus check update: When to expect $1,400 payments and who’s eligible? The bill includes a $1,400 stimulus payment for individuals earning less than $75,000 and couples making less than $150,000. As the COVID-19 bill moves forward, citizens should update their information with the IRS.
$1,400 stimulus checks: When to expect payments and who’s eligible?
Read full article: $1,400 stimulus checks: When to expect payments and who’s eligible?Congress is expected to approve another round of stimulus checks to most Americans in March -- here’s what you need to know. Who is eligible for $1,400 stimulus payment? The legislation provides a direct payment of $1,400 for a single taxpayer, or $2,800 for a married couple that files jointly, plus $1,400 per dependent. Senate Majority Leader Chuck Schumer had stated a goal of getting the legislation to Joe Biden’s desk by March 14. Based on the IRS timeframe from the last round of payments, payments could begin within a few days of passage.
Stimulus check update: When to expect $1,400 payments and who’s eligible?
Read full article: Stimulus check update: When to expect $1,400 payments and who’s eligible?Compounding the hardships of coronavirus, some nursing homes have demanded that low-income residents turn over their $1,200 economic stimulus checks. (AP Photo/Eric Gay, File)Congress is expected to approve another round of stimulus checks to most Americans in March -- here’s what you need to know. Who is eligible for $1,400 stimulus payment? Based on the IRS timeframe from the last round of payments, payments could begin within a few days of passage. So if the bill were signed by the end of next week (March 12), payments should begin by March 15 or so.
3rd stimulus check updates: How much, who’s eligible and when to expect it
Read full article: 3rd stimulus check updates: How much, who’s eligible and when to expect itCompounding the hardships of coronavirus, some nursing homes have demanded that low-income residents turn over their $1,200 economic stimulus checks. (AP Photo/Eric Gay, File)Congress is expected to approve another round of stimulus checks to most Americans in March -- here’s what you need to know. Related: Michigan Democrats call for federal COVID relief funds to be released immediatelyAdWho is eligible for $1,400 stimulus payment? Based on the IRS timeframe from the last round of payments, payments could begin within a few days of passage. Read more: Highlights of the COVID-19 relief bill advancing in Congress
Third stimulus check update: How much, who’s eligible and when to expect it
Read full article: Third stimulus check update: How much, who’s eligible and when to expect itCompounding the hardships of coronavirus, some nursing homes have demanded that low-income residents turn over their $1,200 economic stimulus checks. (AP Photo/Eric Gay, File)Congress is expected to approve another round of stimulus checks to most Americans in March -- here’s what you need to know. Related: Michigan Democrats call for federal COVID relief funds to be released immediatelyAdWho is eligible for $1,400 stimulus payment? Based on the IRS timeframe from the last round of payments, payments could begin within a few days of passage. Read more: Highlights of the COVID-19 relief bill advancing in Congress
Third stimulus check: How much, who’s eligible and when to expect it
Read full article: Third stimulus check: How much, who’s eligible and when to expect itCompounding the hardships of coronavirus, some nursing homes have demanded that low-income residents turn over their $1,200 economic stimulus checks. (AP Photo/Eric Gay, File)Congress is expected to approve another round of stimulus checks to most Americans in March -- here’s what you need to know. Related: Michigan Democrats call for federal COVID relief funds to be released immediatelyAdWho is eligible for $1,400 stimulus payment? Based on the IRS timeframe from the last round of payments, payments could begin within a few days of passage. Read more: Highlights of the COVID-19 relief bill advancing in Congress
$1,400 stimulus checks: Who’s eligible and when to expect it
Read full article: $1,400 stimulus checks: Who’s eligible and when to expect itThe IRS said that after initial problems, it is getting more of the second round of relief payments to taxpayers. (AP Photo/Eric Gay)Congress is expected to approve another round of stimulus checks to most Americans in March -- here’s what you need to know. Related: Michigan Democrats call for federal COVID relief funds to be released immediatelyAdWho is eligible for $1,400 stimulus checks? Based on the IRS timeframe from the last round of payments, payments could begin within a few days of passage. Read more: Highlights of the COVID-19 relief bill advancing in Congress
3rd stimulus check: How much, who’s eligible and when to expect it
Read full article: 3rd stimulus check: How much, who’s eligible and when to expect itThe IRS said that after initial problems, it is getting more of the second round of relief payments to taxpayers. (AP Photo/Eric Gay)Congress is expected to approve another round of stimulus checks to most Americans in March -- here’s what you need to know. Related: Michigan Democrats call for federal COVID relief funds to be released immediatelyAdWho is eligible for $1,400 stimulus checks? Based on the IRS timeframe from the last round of payments, payments could begin within a few days of passage. Read more: Highlights of the COVID-19 relief bill advancing in Congress
Detroit Mayor Duggan meets with Biden administration to discuss COVID relief
Read full article: Detroit Mayor Duggan meets with Biden administration to discuss COVID reliefDETROIT – Detroit Mayor Mike Duggan joined leaders across to country Friday morning to meet with President Joe Biden and Vice President Kamala Harris at the White House. It was a part of a group to discuss the American Rescue Plan, a nearly $2 trillion economic stimulus plan, and what is needed to help get the economy roaring again. The American Rescue Plan includes $20 billion for vaccinations and $50 billion dedicated for testing and reopening schools. “They’re worried as the landlord tenant courts open up they may be facing eviction and have no place else to go,” Duggan said. The hope in Washington is to have the bill passed and the money rolling by March.
Live Stream: Mike Duggan joins governors, mayors at White House over stimulus plan
Read full article: Live Stream: Mike Duggan joins governors, mayors at White House over stimulus planDetroit Mayor Mike Duggan joined leaders across to country Friday morning to meet with President Joe Biden and Vice President Kamala Harris at the White House. It was a part of a group to discuss the American Rescue Plan, a nearly $2 trillion economic stimulus plan. The hope is that Congress can get something finished in March, but there is a lot to do. AdIn addition to expediting vaccine supply, Biden said he aims to help states with unemployment benefits and reopening schools. The White House will be holding a press conference to cover the meeting at 1:30 p.m.
Michigan Gov. Whitmer believes $2,000 stimulus checks ‘absolutely necessary’ for struggling Americans
Read full article: Michigan Gov. Whitmer believes $2,000 stimulus checks ‘absolutely necessary’ for struggling AmericansGretchen Whitmer said Wednesday that she believes $2,000 stimulus checks are “absolutely necessary” for struggling Americans as the COVID-19 pandemic continues. “Last month, I called on the federal government to pass a relief bill that included the $2,000 stimulus checks for Americans who are struggling to get by,” Whitmer said. “I still believe that bill is absolutely necessary.”While many Michiganders recently received $600 stimulus checks, some believe that isn’t enough for those in need to get by. Whitmer has long urged legislators to permanently expand unemployment benefits for Michiganders during the pandemic. There’s a 10-day window to apply for the grant: from Jan. 15 through Jan. 25.
Glitches that could hold up delivery of your $600 stimulus payment
Read full article: Glitches that could hold up delivery of your $600 stimulus paymentDETROIT – How you filed your tax return could impact how and when you receive your $600 stimulus payment. On Monday night, H&R Block posted on Facebook:H&R Block understands stimulus checks are vitally important for millions of Americans. The IRS determines where second stimulus payments were sent, and in some cases, money was sent to a different account than the first stimulus payment last spring. READ: IRS relaunches ‘Get My Payment’ tool to track $600 stimulus checksCheck the status of your stimulus paymentThe IRS relaunched its “Get My Payment” tool. The tool allows you to confirm if the IRS sent your stimulus payment.
Schumer says $2,000 checks a priority for new Senate
Read full article: Schumer says $2,000 checks a priority for new Senate(AP Photo/Susan Walsh)Senate Minority Leader Chuck Schumer (D-NY) said getting $2,000 relief checks for Americans will be a priority for the new Senate in 2021. “One of the first things that I want to do when our new Senators are seated is deliver $2,000 checks to the American families,” he said Wednesday. “Senate Democrats know Americans are hurting. And we have two new Senators coming to help.”NEW: Senate Minority Leader Schumer:"One of the first things that I want to do ... is deliver the $2,000 checks to the American families." Trump had pressured lawmakers to approve $2,000 checks.
Still waiting for your $600 stimulus payment? Here’s how to track it
Read full article: Still waiting for your $600 stimulus payment? Here’s how to track itDETROIT – Many people are wondering where their stimulus payment is. There is a way for you to check the status of your stimulus payment online. READ: IRS relaunches ‘Get My Payment’ tool to track $600 stimulus checksCheck the status of your stimulus paymentThe IRS relaunched its “Get My Payment” tool. According to the IRS, some people received their first stimulus payment in partial payments. Click here to check the status of your stimulus checkREAD: Michigan members of Congress weigh in on COVID stimulus status
Michigan members of Congress weigh in on COVID stimulus status
Read full article: Michigan members of Congress weigh in on COVID stimulus statusLANSING, Mich. – Members of the Michigan delegation are weighing in on the stimulus stalemate. With President Donald Trump’s demand for $2,000 checks, some democrats are finding themselves in a pretty unusual situation. Trump’s sudden demand for $2,000 checks for most Americans was swiftly rejected by House Republicans on ThursdayREAD: GOP blocks $2,000 checks as Trump leaves COVID aid in chaosCongresswoman Debbie Dingell spoke out in Washington on Thursday. Republicans blocked the bill in part because they wanted to cut foreign aid before sending larger checks to Americans. The rare Christmas Eve session of the House lasted just minutes, with help for millions of Americans awaiting Trump’s signature on the bill.
Wayne County hands out $500 gift cards to restaurant, service workers affected by pandemic
Read full article: Wayne County hands out $500 gift cards to restaurant, service workers affected by pandemic“But it doesn’t make any sense because I’m not working now.”Hinkley visited Eastern Market Wednesday to pick up a debit card from the Wayne County Cares Program. “This is kind of what I would call Wayne County stimulus package, since the feds haven’t been able to figure out how to get it done,” said Wayne County executive Warren Evans. The money is being given to 12,000 Wayne County residents whose jobs have been impacted by the pandemic. In addition to the Wayne County Cares program, the county devoted resources to support local small businesses and local nonprofits. More information can be found on the Wayne County Cares official website here.
Second COVID relief package: Here’s what’s inside
Read full article: Second COVID relief package: Here’s what’s insideVaccines, testing, health providers ($69 billion)Delivers more than $30 billion for procurement of vaccines and treatments, distribution funds for states, and a strategic stockpile. Adds $22 billion for testing, tracing and mitigation, $9 billion for health care providers, and $4.5 billion for mental health. Postal Service ($10 billion)Forgives a $10 billion loan to the Postal Service provided in earlier relief legislation. The measure also provides President Donald Trump with a last, $1.4 billion installment for a wall on the U.S.-Mexico border. Business meals would be 100% deductible through 2022 and out-of-pocket health care costs would be deductible after they reach 7.5% of income.
Congress has second COVID-19 stimulus bill ready -- What it means for Michigan residents
Read full article: Congress has second COVID-19 stimulus bill ready -- What it means for Michigan residentsAfter months of back-and-forth, Congress finally has a second COVID-19 stimulus bill. But what does that mean for Michigan residents? With the deal done, the stimulus money will soon make its way to Metro Detroiters. The $900 billion deal will give those making under $75,000 roughly $600, but there is also a payout for dependents. Some people have already received emails, calls and texts saying they need to provide personal information to get the money.
Supply, distribution company to match $100,000 to benefit Metro Detroit restaurants
Read full article: Supply, distribution company to match $100,000 to benefit Metro Detroit restaurantsDETROIT – With little government assistance, nearly 110,000 restaurants in the United States have closed in 2020. The European Central Bank decided Thursday to increase its stimulus by $600 billion, bringing the total to $2.2 trillion to help keep businesses and workers afloat. In lieu of government assistance, one Metro Detroit business owner is trying to help his customers with the help of carry-out customers. The program runs Dec. 7- Dec. 25 and Atlas will support up to $100,000 in total. You can find ClickOnDetroit’s continually updated list of resources that assist food service workers here.
‘We simply cannot afford to wait’ -- Michigan governor proposes $100 million COVID relief plan
Read full article: ‘We simply cannot afford to wait’ -- Michigan governor proposes $100 million COVID relief planGretchen Whitmer wants state legislators to approve a $100 million COVID-19 relief plan when they return to session during December. Coronavirus in MichiganThe number of confirmed cases of the coronavirus (COVID-19) in Michigan has risen to 341,941 as of Friday, including 8,933 deaths, state officials report. Officials said 108 of the deaths reported Friday were identified during a Vital Records review and did not actually occur on Friday. READ: 97 takeaways from epidemiologist’s deep-dive into Michigan COVID-19 spread, deaths, future outlookNew COVID-19 cases and deaths continue to rise in Michigan. VIEW TREND: Tracking Michigan COVID-19 hospitalization data trendsMichigan’s 7-day moving average for daily cases was 6,925 on Tuesday, near the highest it has ever been.
Gretchen Whitmer seeks $100m stimulus to aid Michigan economy
Read full article: Gretchen Whitmer seeks $100m stimulus to aid Michigan economyLANSING, Mich. – Michigan Gov. Gretchen Whitmer reached out to the Republican-led legislature to pass a $100 million package. In a letter sent to legislative leaders, Whitmer said the money would go directly to Michigan residents. She also asked to pass a permanent extension of unemployment benefits as the temporary extension runs out at the end of the year. The number of confirmed cases of coronavirus in Michigan rose to 341,941, with Friday’s update including 17,162 new cases over the last two days.
How to get help while battle for second round of stimulus checks stalls in Washington
Read full article: How to get help while battle for second round of stimulus checks stalls in WashingtonWith the battle for a second round of stimulus checks stalled in Washington, there’s help out there for people who need it. The political infighting over a second stimulus in Washington has left many people out of money, and in turn, out of options. But there’s good news for Michigan residents looking for ways to help bridge the gaps. “We have a deal on unemployment benefits and liability reform," Michigan Speaker of the House Lee Chatfield tweeted Tuesday. Great news for working families and small businesses.”The bill:Extends the maximum unemployment benefit period from 20 weeks to 26 weeks.
Financial expert weighs in on second stimulus, federal benefits debates
Read full article: Financial expert weighs in on second stimulus, federal benefits debatesDETROIT – The debate has been underway in Washington over another possible stimulus and federal benefits. How could it affect your bottom line if you rely on unemployment assistance? Local 4′s Hank Winchester spoke with financial expert Kirk Cassidy to find out. READ: Stimulus uncertainty and the money conversations you should be havingWatch the video above for the full report
Financial expert weighs in on second stimulus, federal benefits debates
Read full article: Financial expert weighs in on second stimulus, federal benefits debatesFinancial expert weighs in on second stimulus, federal benefits debatesPublished: July 28, 2020, 5:52 pmThe debate has been underway in Washington over another possible stimulus and federal benefits.
Financial expert weighs in on second stimulus, federal benefits debates
Read full article: Financial expert weighs in on second stimulus, federal benefits debatesFinancial expert weighs in on second stimulus, federal benefits debatesPublished: July 28, 2020, 5:52 pmThe debate has been underway in Washington over another possible stimulus and federal benefits.
Stimulus uncertainty and the money conversations you should be having
Read full article: Stimulus uncertainty and the money conversations you should be havingDETROIT – Many people are hurting financially and with the debate raging over the next possible stimulus -- it’s a good time for many people to look at their finances. READ: Money saving resources during coronavirus pandemicMany credit card companies are waiving late fees. Some debt consolation companies are offering assistance. The details hidden in the fine print could cost you big time in the future. READ: Financial expert helps you manage your money during the coronavirus (COVID-19) crisisWatch the video for the full report
Stimulus uncertainty and the money conversations you should be having
Read full article: Stimulus uncertainty and the money conversations you should be havingStimulus uncertainty and the money conversations you should be havingPublished: July 23, 2020, 6:47 pmStimulus uncertainty and the money conversations you should be having.
Michigan Congresswoman proposes recurring relief payments to Americans using $1T Treasury coins
Read full article: Michigan Congresswoman proposes recurring relief payments to Americans using $1T Treasury coinsDETROIT – Michigan Congresswoman Rashida Tlaib (MI-13) is introducing a bill that would provide recurring stimulus payments to Americans without adding additional debt. The proposal would be funded directly from the Treasury with no additional debt issued by minting two $1 trillion coins, and additional coins as necessary, according to the plan. The Fed would retain ownership over the two $1 trillion coins permanently in order to ensure its own balance sheet remains fully capitalized by the Treasury. The Treasury Secretary would “sweep” the newly created reserve funds from the Mint’s account into the regular Treasury General Account. “By using “fiscal money for fiscal policy,” the #ABCAct restores the U.S. Mint to its rightful historical place as a primary institutional mechanism for budgetary finance.”
IRS confirms households will not have to repay stimulus check
Read full article: IRS confirms households will not have to repay stimulus checkDETROIT – There’s confusion circulating online about whether people need to pay back the federal stimulus checks being sent out. Several videos circulating on social media claim that you’ll eventually have to pay it back next year. WDIV’s Trust Index verification team reviewed the claim and determined this is not true. The Associated Press confirmed with the IRS and Department of Treasury you do not have to repay the stimulus check. Share it with our Trust Index team and we’ll review.
IRS launches ‘Get My Payment’ website to help with stimulus payments
Read full article: IRS launches ‘Get My Payment’ website to help with stimulus paymentsThe IRS has launched a “Get My Payment” website to help people track the status of their coronavirus stimulus payment. The “Get My Payment” website is aimed at helping you:Check your payment statusConfirm your payment type: direct deposit or checkEnter your bank account information for direct deposit if we don’t have your direct deposit information and we haven’t sent your payment yetIf you need to let the IRS know about your new address, go here. The IRS is expected to make about 60 million payments to Americans through direct deposit for people who used direct deposit on their 2018 or 2019 tax returns. This will include Social Security beneficiaries who filed federal tax returns that included direct deposit information. These payments will be made to Social Security beneficiaries who did not file tax returns in 2018 or 2019 and receive their Social Security benefits via direct deposit.
Your coronavirus stimulus payments are about to be deposited
Read full article: Your coronavirus stimulus payments are about to be depositedDuring a live White House coronavirus update Thursday, Vice President Mike Pence announced Americans will begin to see their economic impact payments direct depositing into their accounts next week. Watch the full update below, or click here to pick up right where Pence addresses the stimulus packages. “With regard to direct payments to Americans, the treasury secretary assured senators -- and we assure every American -- that we remain on the timetable where the first payments and direct deposits will go out by the end of next week,” Pence said. For tax filers who make more than those amounts, the payment amount will be reduced by $5 for each $100 above the said thresholds. We know many of you have many questions concerning your economic impact payments.
President Donald Trump signs $2.2T stimulus after swift congressional votes
Read full article: President Donald Trump signs $2.2T stimulus after swift congressional votes“This will deliver urgently needed relief,” Trump said as he signed the bill in the Oval Office, flanked only by Republican lawmakers. It will send unprecedented billions to states and local governments, and the nation’s all but overwhelmed health care system. Liberals accepted generous corporate rescues that accompany larger unemployment benefits, deferrals of student loans, and an enormous surge of funding for health care and other agencies responding to the crisis. Others praised the roles low-income workers play in keeping the country going and the heroism of health care workers. There is also $150 billion devoted to the health care system, including $100 billion for grants to hospitals and other health care providers buckling under the strain of COVID-19 caseloads.