Displaying items by tag: paid leave

The IRS plans to provide the stimulus payments to individuals and families by depositing funds directly into the same banking account reflected on the latest tax return filed.

Jackson Hewitt HQ, April 1, 2020 – As the federal government manages its response to the coronavirus epidemic, a variety of solutions including extending the federal tax deadline for filing and payments, implementing paid leave for workers and tax credits for small businesses, and most recently, passing a two trillion dollar stimulus plan to bolster the U.S. economy were implemented. As a part of the recently passed stimulus, Americans should receive a stimulus check in the near future. Some of the most common questions regarding the pending stimulus checks are answered below: