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Biden could cut your taxes by $3,100
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Biden could cut your taxes by $3,100

You may get more of your tax dollars back from the IRS to help you pay down debt or build up your emergency fund. Congress has President Joe Biden’s pandemic rescue package moving on a fast track in a race against time to get Americans the relief they need. A key vote is expected on Friday. Along...

Missing stimulus check? – use IRS Trace
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Missing stimulus check? – use IRS Trace

What happens if your second stimulus check didn’t arrive? How do you know when to be patient and wait for Phase 2 of the stimulus money delivery, and when to reach out to the IRS for help? Here, we’ll focus on people who are eligible for a second stimulus payment and are reporting that their payments of up to $600 per...

Congress strikes stimulus deal
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Congress strikes stimulus deal

Breaking: President Trump Signs the Stimulus Bill, All Eligible Citizens will get $600. The crux of the package remains the same: a $300 boost in weekly unemployment benefits, $600 relief checks for adults and children, more than $300 billion for small business aid and huge pots of money for schools, hospitals and vaccine distribution. Negotiators...

Will you be first in line for a second stimulus check?
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Will you be first in line for a second stimulus check?

Direct deposit recipients: People who already have their direct deposit information on file with the IRS or who provide that info when and if registration opens again should be first in line to receive a stimulus check. An electronic transfer of funds is faster and more efficient, which is why this group largely got their first payment...

Second stimulus check could come in 5 waves
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Second stimulus check could come in 5 waves

The 5 stimulus payment groups we know about now When the CARES Act passed in March, it took a couple of weeks for the IRS to build a tool and a procedure to figure out who was owed a check and for how much. This formula helped determine the size of your household’s total sum, but the schedule for...