Surprise: the quarantine financial aid package includes not only payments, but also tax increases

Democrats have poured three tax hikes for large corporations into a COVID-19 relief package. Together, this increase is about $ 60 billion. Politico writes about it. The first proposal raises taxes for companies that pay more than $ 1 million to executives. Other ...

The package of the third quarantine financial aid is finally approved: who will receive and how much

Millions of Americans affected by the economic damage caused by the pandemic will receive one-time direct payments of up to $ 1400. The payments are part of a $ 1,9 trillion bailout plan proposed by US President Joe Biden. Congress passed the bill, now it only needs to be signed by Biden. Who will receive ...

House of Representatives approves Biden's 'coronavirus' financial aid: what's next

The US House of Representatives has adopted a $ 19 trillion financial aid package in connection with the COVID-1,9 pandemic, proposed by US President Joe Biden, which includes direct payments to Americans of $ 1. Now there is a vote on this package in the Senate. CNBC reported in more detail. ...

Due to IRS error, financial aid to millions of Americans was sent to the wrong place

According to Intuit TurboTax, a company that helps distribute payments, millions of COVID-19 quarantine aid payments have been diverted to the wrong customer accounts due to an IRS error. Writes about it Reuters. Two banking sources confirmed the error ...

$ 600 from Newsom: Californians can get additional financial aid

California Governor Gavin Newsom is urging the state to send additional payments of $ 600 to low-income residents in the state. Writes about this CNN. This money the governor proposes to add to the $ 600 federal payments approved by Congress in December 2020, which, according to the governor's office, ...

Some US residents will not automatically receive new financial aid: what to do

Taxpayers who checked the status of their second payment using the IRS Get My Payment tool and received a Payment Status # 2 - Not Available message will not receive payment automatically, IRS reported to CNBC. ...

Trump signed a financial aid package to Americans: what's in it

After several days of waiting and criticizing the law, US President Donald Trump nevertheless signed a $ 1,4 trillion budget bill and an accompanying $ 900 billion quarantine aid package. This happened on Sunday, December 27, in the evening. About it…

US Congress approves financial aid package in connection with COVID-19: details

On December 21, the U.S. Congress passed a massive bill including a $ 19 billion COVID-900 relief package and $ 1,4 trillion in annual government funding. Writes about this "Voice of America". The House of Representatives approved the document of more than 5 thousand pages in two votes. ...

What payments does the new financial aid package provide in connection with the coronavirus?

While details of a new coronavirus relief package are still being worked out, it looks like payments to American families will still be included in legislative proposals, CNBC writes. On Monday, December 14, a bipartisan group of senators released a $ 908 billion legislative proposal ...

Millions of people have not yet received quarantine financial assistance: only 2 weeks left

The time for receiving financial assistance in connection with COVID-19 is running out - there are only 2 weeks left to register and receive money. According to the IRS, college students and low-income adults may be among those eligible for ...

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