Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks, either directly deposited into eligible individuals’ bank accounts or sent via paper check. As part of continuing efforts to help taxpayers, the Internal Revenue Service (IRS) announced Friday plans to issue automatic payments later this month to eligible people who ...

“Phase 3”  of a federal coronavirus, COVID-19, economic stimulus package that would potentially provide Americans with direct cash assistance was released by Senate Republicans on Thursday. The White House is talking to congressional leaders of both parties about a stimulus package of more than $1 trillion to blunt the impact of the coronavirus crisis, officials said Thursday. The GOP proposal, ...