Reported 2 days ago
The IRS has confirmed that no new stimulus checks will be issued this summer, contrary to viral rumors claiming otherwise. The agency clarified that no legislation has been passed to authorize additional payments, debunking claims of upcoming checks for low- and middle-income taxpayers. Although earlier plans to distribute funds to taxpayers who missed out on Recovery Rebate Credits in 2021 were confirmed, there are currently no new credits available for taxpayers to claim. This announcement may impact consumer spending, which is vital for the economy.
Source: YAHOO