{"id":45969,"date":"2020-08-13T15:10:00","date_gmt":"2020-08-13T12:10:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/new-stimulus-checks-could-arrive-in-august-if-congress-acts-fast\/"},"modified":"2020-08-13T15:10:00","modified_gmt":"2020-08-13T12:10:00","slug":"new-stimulus-checks-could-arrive-in-august-if-congress-acts-fast","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/new-stimulus-checks-could-arrive-in-august-if-congress-acts-fast\/","title":{"rendered":"#New stimulus checks could arrive in August if Congress acts fast"},"content":{"rendered":"

“#New stimulus checks could arrive in August if Congress acts fast<\/strong>”<\/p>\n

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August 13, 2020 |<\/span> 8:10am <\/p>\n

\n Many American taxpayers could get a second stimulus check this month if Congress app<\/a>roves them soon, a report says.<\/p>\n

The Internal Revenue Service could send out most of the proposed $1,200 payments by the end of August if lawmakers reach a deal to send them out this week, IRS staffer Chad Hooper told CNBC in a Tuesday report.<\/p>\n

That\u2019s because the tax agency is \u201cbetter positioned\u201d to distribute the cash than it was in April, when taxpayers encountered glitches in receiving the payments meant to blunt the economic impact of the coronavirus pandemic, according to Hooper.<\/p>\n

\u201cThe infrastructure is already in place to administer such a payment,\u201d Hooper, the president of the Professional Managers Association, which represents IRS managers, told CNBC.<\/p>\n

But that timeline looks increasingly unlikely as Congress remains deadlocked over a new coronavirus aid package. While Democrats and Republicans both reportedly support another round of direct payments, they are at odds over other measures including aid to state and local governments and expanded unemployment benefits.<\/p>\n

Talks appeared to deteriorate Wednesday with Treasury Secretary Steven Mnuchin and Democratic leaders Nancy Pelosi and Chuck Schumer accusing each other of refusing to budge, just two days after Mnuchin told CNBC the Trump administration was willing to produce an aid package this week \u201cif we can get a fair deal.\u201d<\/p>\n

If negotiations recover, the second round of stimulus checks could be similar to the first. Lawmakers from both parties have backed $1,200 payments for individuals earning up to $75,000 that would be smaller for those making more than that amount and completely phased out for anyone earning more than $99,000, according to CNBC.<\/p>\n

The IRS has said it delivered initial stimulus payments to more than 159 million Americans by June 3, 120 million of whom got the money via direct deposit. Hooper told CNBC that taxpayers should file their 2019 tax returns electronically if they haven\u2019t already to make sure the IRS has their most current information on file in case the new checks are approved. Those who don\u2019t usually file tax returns can submit their payment details through the IRS website.<\/p>\n

An IRS spokesman did not immedia<\/a>tely respond to an email Thursday morning asking about the potential timeline for delivering a second round of checks.\n <\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#New stimulus checks could arrive in August if Congress acts fast” August 13, 2020 | 8:10am Many American taxpayers could get a second stimulus check this month if Congress approves them soon, a report says. The Internal Revenue Service could send out most of the proposed $1,200 payments by the end of August if lawmakers…<\/p>\n","protected":false},"author":1,"featured_media":45970,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[52870],"class_list":["post-45969","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-new-stimulus-checks-could-arrive-in-august-if-congress-acts-fast"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/45969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=45969"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/45969\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/45970"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=45969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=45969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=45969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}