On April 15, 2020, the IRS announced the launch of the “Get My Payment” online tool which provides individuals with a status of their stimulus payment, including: How the stimulus payment will be sent (direct deposit or mail) The date the money will be mailed or scheduled to be deposited to your bank account How […]
The Main Street Alliance hosted a press call and Q&A for small business owners on COVID-19 grants and loans programs recently. Small business panelists shared their frustration about the difficulties they had navigating through the bureaucracy. The Economic Injury Disaster Loan (EIDL) and Paycheck Protection Program (PPP) are included in the CARES Act. They are
Small Business Owners Vent Over COVID-19 Stimulus Red Tape Read More »
In late March, the federal government passed the CARES Act in response to the coronavirus crisis. As part of this new legislation, individual workers, independent contractors, gig workers, and freelancers are immediately entitled to receive a onetime $1,200 payment ($2,400 for married couples) from the IRS, plus an additional $500 per dependent 16 years or
How to Get Your $1,200 Stimulus Payment Direct Deposited to Your Bank Account Read More »
