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(NEXSTAR) – Americans are proving remarkably reliable in how they are spending their federal stimulus payments. The New York Federal Reserve released a study this week that showed Americans are using most of the money for paying down debt and for savings, with a smaller portion going to actual spending. According to the report, households, […]

The people who may have received the letters were identified by the Treasury’s Office of Tax Analysis.

NEW YORK (AP) — Laura Romani, a Chicago-area resident with a background in education and library science, had been thinking of a new career. “I was at home a couple of years ago reflecting on all the experience I gained and how I wanted to contribute to the Latino community, while also allowing myself to […]

The IRS announced Wednesday that they have disbursed approximately 164 million payments to eligible Americans.

The IRS just announced nearly 2 million more payments are being sent out.

After the IRS’s Get My Payment tool went live Sunday, some people may have seen a message saying, “Payment Status Not Available.”

Families may want to opt out of monthly child tax credit payments, and they can do so this week.

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging at a four-decade high and defying the Fed’s efforts so far to tame it. Increasingly, it seems, doing so might require the one painful thing the Fed has sought to avoid: A recession. A worse-than-expected […]

President-elect Joe Biden will likely unveil his stimulus plan Thursday, which is expected to include an increase to the $600 stimulus checks most Americans received.

Tax experts give advice to those filing taxes and what you can expect.

MEMPHIS, Tenn. — With a third stimulus bill on the verge of being passed, some Mid-South residents will be receiving much-needed COVID-19 relief. But there are some details and deadlines that could affect how much money Uncle Sam sends you. With the Senate narrowly approving a 1.9 trillion dollar relief package, a third round of […]