Is the IRS Giving Out Stimulus Checks?
The COVID-19 pandemic has caused unprecedented challenges for individuals and businesses worldwide. In response to the economic downturn, the U.S. government has implemented several stimulus packages to provide financial relief to American citizens. One of the most significant relief measures has been the distribution of stimulus checks. However, many people are still asking: Is the IRS giving out stimulus checks?
The answer is yes, the IRS has been distributing stimulus checks to eligible individuals. These checks are part of the Economic Impact Payments (EIP) program, which was initially established under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Since then, the government has expanded the program through subsequent legislation, including the American Rescue Plan Act of 2021 and the Consolidated Appropriations Act, 2021.
In this article, we will discuss the eligibility criteria for stimulus checks, the latest updates on the distribution process, and what you can do if you haven’t received your payment yet.
