Typically, the income tax deadline falls on or around April 15. Because of the coronavirus pandemic, Americans faced a somewhat different experience in 2020. For millions of people, that might even include getting a surprise check in the mail from the IRS.
As the pandemic continues to cause health and economic woes across most of the world, the United States has been moving forward with talks about sending a second round of stimulus checks out to citizens. Like the previous stimulus package, eligible recipients may qualify to receive up to a possible $1,200 payment as well as an additional $500 for dependents.
The Covid-19 pandemic has financially affected many American families, and plenty of people are dealing with significant financial pressures during this time. Whether you’re financially secure or living paycheck-to-paycheck, we can all benefit from these helpful financial tips during this uncertain recession.
