Lakota family beats odds, shows way to score stimulus check
The funds come from the U.S. Congress’ $2-trillion March authorization of the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, which also included outlays for tribal and other governments, small business assistance, and unemployment security. The Internal Revenue Service, or IRS, which oversees tax return filers’ annual contributions and refunds for federal budget management purposes, is in charge of the personal stimulus payouts. Officially known as Economic Impact Payments, these consolation prizes aim to compensate individuals for hardships endured during the public health crisis. They are estimated to number in the range of some 280 million checks altogether. Neiss’ payment arrived one day after an IRS target date for distribution, while millions of expectant recipients across the United States were getting the jitters over seeing no deposits or incorrect amounts in their mailboxes and electronic bank accounts. Delays and underpayments were not uncommon due to what The Washington Post termed “glitches” in the filing and collection methods used by both the bureaucracy and private tax consulting firms. After all, they were sorting their way through a maze of accounting steps as novel as the pandemic coronavirus itself.
See the latest #IRS information on Economic Impact Payments: No action needed by most people at this time. See https://t.co/hEEWmgHA9V pic.twitter.com/JtfcDXISlB— IRS #COVIDreliefIRS (@IRSnews) May 19, 2020
On May 8, having sent out more than $200 billion in the stimulus program's first four weeks, and with more than half of eligible recipients still waiting for their money, the IRS announced a five-day window for filing to receive payment via direct deposit. By that date, one of the system’s big bugaboos had been tamed: The accessibility was enhanced at the previously impractical “Get My Payment” electronic page on the IRS website, and the agency prompted: “Use Get My Payment by noon Wednesday, May 13, for a chance to get a quicker delivery.” It urged, “For many taxpayers, the last chance to obtain a direct deposit of their Economic Impact Payment rather than receive a paper check is coming soon. Time is running out for a chance to get these payments several weeks earlier through direct deposit." It added that after May 13, “The IRS will begin preparing millions of files to send to the Bureau of the Fiscal Service for paper checks that will begin arriving through late May and into June.” So even if you can’t get it fast, you can still get it.
Treasury is delivering millions of Economic Impact Payments by prepaid debit card https://t.co/gAP8vcXHLj— Treasury Department (@USTreasury) May 18, 2020
Contact Talli Nauman at email@example.com Copyright permission Native Sun News Today
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