by Mariela Reiss, CPA Ever since Congress passed the first round of stimulus checks in March of 2020 to help stimulate the economy and get people through the first days of Covid-19 lockdowns, the country has been waiting eagerly for a second round. On December 27, 2020, we got it. The Consolidated Appropriations Act of 2021 was signed into law. Contained within that bill was the COVID-Related Tax Relief Act of 2020, which offered additional 2020 Economic Impact Payments (aka Recovery Rebate Credits or stimulus checks). And the IRS started rolling out these payments on December 29. So what do […]
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