SSA, RRB recipients with eligible children need to act by Wednesday to quickly add money to their automatic Economic Impact Payment; IRS asks for help in the ‘Plus $500 Push’ Have a child but don’t file a tax return? Visit IRS.gov now Those receiving federal benefits – including Social Security retirement, survivor or disability benefits (SSDI), Railroad Retirement benefits, Supplemental Security Income (SSI) or Veterans Administration benefits – who have with children and wh
April 9, 2020 WASHINGTON – Pursuant to section 13(3) of the Federal Reserve Act, U.S. Treasury Secretary Steven T. Mnuchin today approved the establishment of a Main Street Business Lending Program and a Municipal Liquidity Facility to support the flow of credit to American workers, businesses, States, counties, and cities impacted by the coronavirus pandemic. Small and medium-sized businesses, through no fault of their own, have faced severe financial strain from wides
The IRS has announced that Social Security recipients will automatically receive economic impact payments.
Those receiving Social Security benefits who don’t typically file a tax return will not need to file an abbreviated (simple) tax return to receive their stimulus payment. The IRS will use information from Forms SSA-1099 and RRB-1099 to generate payments for these individuals. The payment will be sent as a direct deposit or check, however they normally receive their ben
11 a.m. ALACHUA COUNTY, FL - The Department of the Treasury unveiled guidance for the $349 billion Paycheck Protection Program authorized in the CARES Act. The Program will provide small businesses with guaranteed loans to support 8 weeks of payroll costs, interest on mortgages, rent, and utilities, and the portion used on these expenses will be forgiven if "employee and compensation levels are maintained." The guidance also notes that "due to likely high subscription, at lea