Unemployment rates have risen leaving many Americans and businesses scattering for financial support. Recently, President Trump and Congress has installed a $2 Trillion Stimulus Bill which allocates $350 billion specifically for small business loans. This also covers what we've all heard -- the $1200 pay out. But here's what you might not know:
This is a one-time payment
Payments will be processed electronically via direct deposit
Your bank account information must be up-to-date with the IRS
Your 2018 Taxes must be filed to qualify
To qualify to receive extra parental funds, your children must be 16 years or younger
This is only available to Americans making $99,000 and less
Use the chart to see how much you qualify for:
If all of your T's are crossed and I's are dotted, wait patiently. It will take up to 20 weeks as of April 3rd to be processed. In preparation, utilize our checklist abve to make syre there are no delays.
How Can VAAS Pro Help?
If you haven't filed your 2018 or 2019 taxes yet, contact us today so we can get you started!