If you haven’t received a 2020 stimulus check yet, what are some of the possible reasons that the economic impact payment hasn’t arrived?
With the passage of the CARES Act what is the tax impact of COVID-19? How will 2020 stimulus checks and expanded unemployment benefits affect your taxes?
The IRS estimates 1.1 million taxpayers who neglected to file a 2007 return are eligible for refunds, but that they had better act soon. The deadline for claiming a refund for that tax year is April 18th of 2011, and you must file a return to get a refund. 1.1 million taxpayers didn’t file their […]
Fresh off of a $787 billion stimulus package passed in February of 2009, congressional Democrats are now beginning to talk about passing a second, more modest stimulus package sometime within the next few months – aimed at easing the unemployment crisis. From Reuters: Congressional Democrats’ push for another U.S. stimulus package got a boost on […]
We’ve been talking a lot recently about the Cash For Clunkers program, and how the program has been successful by some standards, and troubled in other ways. The program ran out of money one week after it launched, and was only re-launched after congress passed another 2 billion dollars for the program. Now the program […]
The Cash For Clunkers program has only been active since last Friday, but word is now leaking out that the CARS program will be halted at midnight on Thursday July 30th, less than a week after it launched. The problem? There are fears that the program may have already run out of money. The program […]
Clunkers For Cash Active As Of July 1st The Cash For Clunkers program has been active as of July 1st, and if you have an eligible car, you can now take advantage of the program. As a quick refresher, what vehicles are eligible for $3500-4500 voucher? Must be in drivable condition. (That means you can’t […]
Rebates, Tax Credits And Stimulating The Economy The Obama administration has been giving us all sorts of stimulus packages this year that aim to stimulate spending in troubled sectors of our economy, and jumpstart consumer spending. First we had the tax incentives for new car purchases, and then the $8000 tax credit for first time […]
photo credit: katmere What Benefits Will I See From The Stimulus Bill? The last week or so I’ve been looking at the 2009 Economic Stimulus bill that was passed, and talking a little more in depth about what some of the benefits are that people can expect to receive. We talked about home buyer tax […]
photo credit: Hey Paul Today Ben Bernanke talked about the stimulus package currently being discussed by President-elect Obama and his incoming administration. He believes it will help, but that it won’t be enough to bring a lasting recovery. From the International Herald Tribune: The chairman of the Federal Reserve, Ben Bernanke, said Tuesday that the […]
As the new year gets closer the President-elect and his team are making plans for the new year, and his first term in office. One of the first things on the table, a stimulus package that could reach or exceed $775 billion dollars. Regarding the new administration’s stimulus plan, Mr. Axelrod also said that the […]
From MarketWatch.com: President Bush signed a $168 billion economic stimulus package on Wednesday that will extend rebates to U.S. taxpayers, give tax breaks to businesses and make more-expensive mortgages available through the government and government-sponsored mortgage-finance companies. We have come together on a single mission and that is to put the peoples’ interests first,” Bush […]
You may have heard in recent days about a stimulus package that congress has passed to help stimulate our lagging economy. Well some details of that plan are now being fleshed out: Bush and House lawmakers yesterday agreed on a $150 billion economic stimulus package aimed at avoiding an election-year recession. About $100 billion would […]