stimulus

Here is what you need to know about your Economic Impact Payment. For most taxpayers, payments are automatic, and no further action is needed. This includes taxpayers who filed tax returns in 2018 and 2019 and most seniors and retirees.

Source: irs.gov

Nikola Motor CEO Defends $4M In PPP Funds

Nikola Motor CEO Defends $4M In PPP Funds
Nikola Motor CEO Defends $4M In PPP Funds
April 22, 2020  |  Loans

Trevor Milton, the CEO and founder of Nikola Motor Company, is defending his company’s receipt of $4.1 million from the Small Business Administration’s (SBA’s) Paycheck...

READ MORE >
IRS $1,200 Stimulus: Why Your Check Is Not In The Mail
IRS $1,200 Stimulus: Why Your Check Is Not In The Mail
April 22, 2020  |  Economy

If your $1,200 federal COVID-19 stimulus payment has been deposited into your bank account by the Internal Revenue Service (IRS), consider yourself one of the...

READ MORE >
Mnuchin: US Must Spend To Save Economy Amid COVID-19
Mnuchin: US Must Spend To Save Economy Amid COVID-19
April 22, 2020  |  Economy

U.S. Treasury Secretary Steven Mnuchin said while he is sensitive to concerns over increasing federal debt, it’s essential to spend money to rescue the economy...

READ MORE >
Today In Payments: Facebook Closes $5.7B Deal For Stake In Reliance Jio; GM Shutters Its Car-Sharing Platform
Today In Payments: Facebook Closes $5.7B Deal For Stake In Reliance Jio; GM Shutters Its...
April 22, 2020  |  News

In today’s top news, Facebook closed a $5.7 billion deal for a minority stake in India’s Reliance Jio, and GM shut down its car-sharing company,...

READ MORE >
The Paycheck Protection Program, Round Two
The Paycheck Protection Program, Round Two
April 22, 2020  |  Loans

U.S. small businesses have been waiting on pins and needles for Capitol Hill to determine the future of the Paycheck Protection Program (PPP), and now...

READ MORE >
JPMorgan Allegedly Favored Larger Companies Under Stimulus Loan Program
JPMorgan Allegedly Favored Larger Companies Under Stimulus Loan Program
April 22, 2020  |  Loans

While the Payment Protection Program (PPP) was aimed in part at mom-and-pop businesses – and is run through the Small Business Administration (SBA) – it...

READ MORE >
SBA May Have Exposed Data Of 8,000 SMBs Seeking Relief Loans
SBA May Have Exposed Data Of 8,000 SMBs Seeking Relief Loans
April 22, 2020  |  Cybersecurity

Nearly 8,000 applicants for small business loans through the government’s Emergency Injury Disaster Loan (EIDL) stimulus program have possibly been affected by a data breach...

READ MORE >
What We’ve Learned Watching Uncle Sam Disburse $2T In Stimulus Payments
What We’ve Learned Watching Uncle Sam Disburse $2T In Stimulus Payments
April 22, 2020  |  Economy

The unprecedented $2 trillion stimulus package pushed forward a little over a month ago was no doubt created and passed with the best of all...

READ MORE >