IRS launches โGet My Paymentโ website to help with stimulus payments
The IRS has launched a โGet My Paymentโ website to help people track the status of their coronavirus stimulus payment. The โGet My Paymentโ website is aimed at helping you:Check your payment statusConfirm your payment type: direct deposit or checkEnter your bank account information for direct deposit if we donโt have your direct deposit information and we havenโt sent your payment yetIf you need to let the IRS know about your new address, go here. The IRS is expected to make about 60 million payments to Americans through direct deposit for people who used direct deposit on their 2018 or 2019 tax returns. This will include Social Security beneficiaries who filed federal tax returns that included direct deposit information. These payments will be made to Social Security beneficiaries who did not file tax returns in 2018 or 2019 and receive their Social Security benefits via direct deposit.
Mitt Romney: 'Send $1,000 checks to each American adultโ amid coronavirus
WASHINGTON โ Sen. Mitt Romney, R-Utah, said Monday that he will propose a provision that would give every U.S. adult a $1,000 check in any additional coronavirus relief measure that Congress considers, NBC News reports. "Every American adult should immediately receive $1,000 to help ensure families and workers can meet their short-term obligations and increase spending in the economy," his office said in a press release. "Congress took similar action during the 2001 and 2008 recessions. While expansions of paid leave, unemployment insurance, and SNAP benefits are crucial, the check will help fill the gaps for Americans that may not quickly navigate different government options." Former Democratic Presidential candidate Andrew Yang made his idea for $1,000 per month the main platform for his campaign, pushing for Universal Basic Income.