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Surprise Stimulus Payments of $600 and $1100 To Be Rolled Out Before Christmas



Surprise Stimulus Payments of $600 and $1100 To Be Rolled Out Before Christmas

The US citizens will receive the surprise stimulus payments of $600 and $1100 on December 17. The Eligible citizens are in for the welcome benefits with Christmas around the corner. The first stimulus payments started on November 29, with December 17 being the last date.

The US Sun reports that more than Eight Hundred thousand residents of California received stimulus payments of $1,100 on December 17. The series of payments got underway at the start of this week. The beneficiaries of surprise stimulus benefits will also receive tax refunds while filing their taxes. The surprise stimulus payments are a part of the Golden state stimulus scheme.

Surprise Stimulus Payments To Be Rolled Out Before Christmas- Check  Details

Medical Students Received Checks Before Christmas

The families who qualify for the payments will receive checks worth $ 600 and $ 1100. The monetary benefits provide the California residents with a financial cushion ahead of Christmas. The residents of Atlanta had received stimulus checks worth $ 6300 by December 15. The Atlanta medical school has issued statements to its students to help with everyday expenses. The financial benefits will be a massive boost for the students going into the holiday season. Morehouse School of Medicine will also provide $ 6300 to cope with education expenses.

New Orleans Residents Will Get Direct Deposits

The New Orleans program joins hands with MasterCard and mobility capital Finance for the Welfare of socially and economically backward classes in Louisiana. The beneficiaries of the Louisiana stimulus will receive direct deposits through a debit card. The beneficiaries need to fulfill the age criteria and be unemployed to qualify for the stimulus benefits. The US Sun quoted the New Orleans Mayor LaToya Cantrell, who said, “My administration continues to identify innovative ways to serve and empower our residents and will make sure that the unbanked are banked have access to financial education and other resources so that they can attend to basic needs and continue to invest in themselves.”

The residents of New Orleans will also benefit from the financial literacy program. The individuals belonging to the Gen Z group will receive $ 350 monthly benefits. More than 125 residents aged 16 to 24 will receive the benefits in December, they will receive several benefits in the coming year.




  1. Esperonza Flores

    December 17, 2021 at 11:16 PM

    What about Austin, Minnesota and residents. We should also qualify for another stimulus payment. Especially the Senior Citizens. With this inflation we don’t even have enough to buy groceries, pay utilities etc.,

    • Laurie

      December 18, 2021 at 9:38 PM

      Same here in lower Michigan. We can’t afford to heat our house. Two weeks of pay checks to fill the tank. We’re struggling big time.

    • Mindy Logue

      December 18, 2021 at 10:11 PM

      What about the people in Pennsylvania that are having a hard time especially with the holidays coming t

    • Jefre Frank

      December 19, 2021 at 7:45 PM

      What about Tampa Florida

    • Tim Sargent

      December 20, 2021 at 3:22 AM

      Its same here our cola was eaten up with the raise in medacare plus the inflation the way it seems to plus our secondary insurance has gone up too hang on to your hat Jesus is on his way to set things straight

  2. Rebecca Pocock

    December 19, 2021 at 2:19 AM

    I live in Ohio and I am a senior citizen and I didn’t get anything and also I never got the full amount the last 2 times. Please check into it I got behind in my bills and I am going to get my electric off monday.

  3. Wanda Vaughan

    December 19, 2021 at 3:08 AM

    I believe everyone deserves a stimulus check not just certain states and people with kids everyone is struggling,we barely can pay bills and buy food and Christmas is next week that’s gonna be hard on people

  4. Katrina

    December 20, 2021 at 12:07 AM

    Why is just new Orleans getting it the whole state of Louisiana is in fire straits

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Banking News

Only 28% Of Americans View Economic Conditions Of Their Country As Excellent



The American economy has experienced much turmoil during the COVID-19 pandemic. Indeed, according to the Motley Fool, the United States of America’s economy has come a long way since the beginning of the pandemic.


Of course, the pandemic sore the unemployment level in the year 2020 reaching a record high. In addition to this, finding work during this period has been extremely difficult. As such, the federal government issued various stimulus and COVID relief payments and credits and unemployment benefits to combat the effects of the pandemic.

The State Of U.S. Economy

Currently, the American economy is has a 7.5% inflation rate or consumer price index. This has surpassed the 40-year record high since 1982, that is, since last month. However, besides this – the unemployment rate has decreased, and it seems the United States of America is ‘getting back to work,’ and their country’s economy is starting to recover. However – a recent survey conducted by the Pew Research Center showed that 28% of participants viewed the country’s economic conditions as good or excellent.

Why Such Economic Pessimism

It seems the supper high inflation rate leads most Americans to have such a negative view of their economy. Indeed close to 90% of participants viewed food and gas prices as higher than last year, 89 and 88 82 percent respectively.

Is Inflation Always Bad?

However, some economists argue that inflation, is at times, a sign of a healthy economy and does not always have to be viewed in a negative light. This is easier said than done though, with living costs increasing – consumers can feel the pinch in their budgets.

The argument, however, is that supply and demand determine the unit price. So if there is an increased demand – and supply does not necessarily change – unit price must increase. This means consumer price index increases or inflation. So an increase in demand could show people are buying more, and this might at least be the signs of a recovering – or active economy.

When supply chain issues are fixed – inflation should decrease. Furthermore, since December last year, unemployment is the lowest it has been since the start of the pandemic. So perhaps such an opposing economic viewpoint – can be replaced, which is realistic, in this light.



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Child Tax Credit

Experts Predict Long Payment Delays From IRS This Season, Provide Few Tips To Speed Up The Process



The IRS faces an enormous backlog due to staff shortages amidst the pandemic, it has recruited new officials, but the challenge remains tough. IRS is yet to process millions of tax returns of last season. The IRS officials are crushed under a ton of paperwork; millions of taxpayers will file their returns this year. The authorities will need to devise a compact strategy to overcome the backlog. CNBC reports that IRS had 6 million unprocessed returns by December 31, this is large numbers, and 2021’s tax returns might take some time.

Experts Predict Long Payment Delays From IRS This Season, Provide Few Tips To Speed Up The Process

IRS Workers Are Sparse

Experts suggest various ways to slim the time lag between filing the returns and receiving the payments. CNBC reports that the IRS only had 15,000 workers to answer around 24 million customer calls during the first six months of 2021, one person for 16,000 customers. Experts suggest taxpayers avoid the paperwork to the maximum extent; filers can switch electronic modes to fast forward the documentation. Taxpayers need to use advanced features to process tax refunds and other pending payments quickly. The electronic method will ease the burden on IRS officials during data verification.

Taxpayers Should File Electronic Tax Returns

IRS quoted Erin Collins, the National Taxpayer Advocate; she said, “Paper is the IRS’s kryptonite, and the agency is buried in it. The IRS still transcribes paper returns line by line, number by number, they received around 17 million original paper returns last year, and the processing delays have run as long as 10 months.” The taxpayers need to recheck their tax returns thoroughly; the wrong information might lead to payment abortion and several lengthy delays. The officials, too, will have to go through the same twice or thrice, which makes the process more complicated.

The families who receive enhanced Child Tax Credit or Stimulus payments or both need to exercise extra caution while filing their returns; the IRS issued letters to provide data for the amount allocated. The beneficiaries for the remaining half of the Child Tax Credit payments or extra credit should give complete information in their tax returns. IRS has announced April 18 as the deadline; individuals need to complete the filing process before the date.

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Stimulus Checks

Taxpayers Receive Notice CP80 From The IRS: Know Why



The Internal Revenue Service (IRS) has started processing 2021 tax returns. Taxpayers need to file their tax returns before April 18. IRS faces an enormous backlog of 2020 tax returns; several individuals have received CP80 notices despite submitting their tax returns.

Market Realist reports that IRS has 6 million unprocessed returns at present. The issuance of CP80 notes has created chaos amongst taxpayers, and they are worried about their refunds. IRS professionals will face severe difficulties due to the increased workload; taxpayers will likely witness a payment delay this year.

Taxpayers Receive Notice CP80 From The IRS: Know Why

Several Taxpayers Will Have To Refile Their Tax Returns

Market Realist quoted an IRS statement; it said, “6 million unprocessed original individual returns (Forms 1040), 2.3 million unprocessed amended individual returns (Forms 1040-X), more than 2 million unprocessed employer’s quarterly tax returns (Forms 941 and 941-X), and about 5 million pieces of taxpayer correspondence.” The reports suggest a delay in 77 percent of the filed returns this year. The CP80 recipients will need to refile their tax returns. However, individuals with accurate tax returns need not worry as IRS will nullify those notices.

IRS Has A Long List Of Unprocessed Returns

Market Realist quoted IRS, “We credited payments and credits to your tax account for the tax period shown on your notice. However, we haven’t received your return.” The taxpayers need to check with IRS authorities to receive personal details and seek assistance. Most individuals with accurate tax returns will not need to refile but expect payment delays.

The IRS faces severe staff shortages amidst the pandemic. The situation worsened after winter’s Omicron wave. The taxpayers will need to provide accurate and updated tax information to receive eligible benefits without any unprecedented halt. Millions of families received stimulus checks and enhanced Child Tax Credit payments in 2021.

The remaining half of the enhanced CTC payments are due when beneficiaries file their tax returns. The IRS will verify personal information before processing the payments. Several eligible individuals missed out on eligible payments due to old or inaccurate data. Taxpayers need to read the letters carefully to know the complete details. The government officials will provide ample support to the US citizens amidst the difficult circumstances.

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