2020 Stimulus Bill

Here's the Back Story

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:

  1. This is a one-time payment

  2. Payments will be processed electronically via direct deposit

  3. Your bank account information must be up-to-date with the IRS

  4. Your 2018 Taxes must be filed to qualify

  5. To qualify to receive extra parental funds, your children must be 16 years or younger

  6. This is only available to Americans making $99,000 and less

Use the chart to see how much you qualify for:

Who Does it Affect?

All of us, right? I know I can surely use some extra money!

Moving Forward....

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!

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Atlanta, GA 30312

Office: 404-223-1058

Fax: 404-223-2398

 

Email: vaas@vaasprofessionals.com

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