Towards the back end of 2024, the IRS announced a major initiative to make up for lost Economic Impact Payments (EIPs) for around 1 million eligible taxpayers during the COVID-19 pandemic. The new stimulus checks, valued at $1,400 each, are to be paid to eligible individuals who either did not claim the Recovery Rebate Credit … Read more
In the early morning, light filtering through the window of Margaret Wilson’s kitchen in Winnipeg caught the rising steam from her tea. Margaret is 76 and reviews her monthly budget, a practice that is becoming harder and harder with time. “My husband passed away three years ago,” she says, cupping her hands around the mug … Read more
Finally, the check that I had been anxiously awaiting for what seemed like an eternity arrived on a Tuesday, about three weeks into the nationwide lockdown. I was laid off, like millions of Americans, when my employer-a small catering company in Pittsburgh-had to shut down during the COVID-19 pandemic. My savings would have lasted for … Read more