The American Rescue Plan, Right in the Nick of Time
It's official! Congress has approved a third round of stimulus checks! Known as the American Rescue Plan, this is a third and much-anticipated economic impact payment (EIP). The EIP is one of several government measures created to assist financially stressed citizens. The following information comes from TaxBuzz.com, a free directory service that connects consumers with qualified local and tax accounting professionals. According to TaxBuzz.com, this third round of EIP's includes: $1,400 ($2,800 for joint filers)$1,400 per dependent --unlike the prior payments, the payment will apply to all tax payer's dependents regardless of age Because the payments are meant for lower-income tax...
March 18, 2021
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