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Coronavirus stimulus checks: Here’s what IRS wants you to know before 2020 taxes

Filing taxes is one of the most important things that people need to do in the New Year. This time, however, it will be even more important because of the stimulus checks. Considering this, the IRS has come up with a press release to help people file their 2020 taxes, especially those who didn’t get coronavirus stimulus checks, or got less than what they expected. Q3 2020 hedge fund letters, conferences and more Coronavirus stimulus checks and 2020 taxesMillions of Americans got $1,200 in stimulus checks after Congress approved the CARES Act in March. Along with the $1,200, people also got $50...

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Americans are buying homes sight unseen -- here’s why

Lester Knispel bought the $1.5 million white-columned house on the second fairway. His Porsche is now parked in the garage. And family pictures hang in the living room.Q3 2020 hedge fund letters, conferences and moreBut Lester and his wife have never set foot inside their new country club home! They live in California, and didn’t want to visit Florida during the lockdowns.So instead they toured the five-bedroom mansion virtually, bought it, and then shipped the car and furniture soon after. “I never thought I’d buy something like this, sight unseen” Knispel told the Wall Street Journal.In 2013...

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How the electoral college affects Trump and Biden predictions

Predictions about whether President Donald Trump or his challenger Joe Biden will win the election are heating up, but it’s the electoral college that will decide. Trump lost the popular vote in 2016 by about 3 million votes but won the electoral college, which is why it’s so important to keep an eye on the electors in this election.Q3 2020 hedge fund letters, conferences and moreHow the electoral college impacts Trump / Biden predictionsThe electoral college is made up of 538 members, and to win an election, Trump or Biden must have a majority of at least 270 votes. States have different numb...

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How IRS may calculate your second coronavirus stimulus check

House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin continue to make progress in stimulus negotiations, so there is still a chance of another round of stimulus checks. If the two reach an agreement and Congress approves it, you should know how the IRS will calculate the amount of your second coronavirus stimulus check. What determines your stimulus check amount? It is not known what process the IRS will follow to calculate the amount of your second coronavirus stimulus check. However, if the proposals put forward for the next stimulus ...

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Coronavirus stimulus checks: How US response compares with rest of the world

COVID-19 has traumatized the global economy for months now. It is an unprecedented pandemic, and thus, it requires unprecedented support to overcome its impact. In March, law makers passed the CARES Act, which handed out coronavirus stimulus checks of up to $1,200 and other benefits. Most feel that the U.S. government hasn’t done enough compared to the rest of the world, and thus, they want Washington to send another round of coronavirus stimulus checks. Although each country has been impacted differently by the coronavirus pandemic, comparing the U.S. response with those of other countries wi...

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CDC admission implicates Air Force One

CDC Admission Implicates Air Force One; Aerosols Can Spread COVID, Despite HEPA FiltersQ2 2020 hedge fund letters, conferences and morePassengers Aboard Air Force One Might Have Become Infected With COVIDWASHINGTON, D.C. (October 5, 2020) - The CDC's admission that COVID can be spread by aerosols which linger in the air, and can travel well beyond 6 feet from space to space, as well as be circulated through a ventilation system, lends credence to the suggestions that some of those closest to President Trump who have contracted COVID might have become infected aboard Air Force One, especially s...

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Coronavirus stimulus checks: Trump urges Congress from hospital to ‘GET IT DONE’

President Donald Trump has long been pushing the lawmakers to come up with the next relief package quickly. On Saturday again, he made a plea from Walter Reed Medical Center, where he was admitted after he tested positive for COVID-19. In a tweet, Trump urged Congress to come up with the coronavirus relief package and stimulus checks quickly.Q2 2020 hedge fund letters, conferences and moreCoronavirus stimulus checks: growing pressure on CongressTrump’s tweet came amid reports that House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin failed to strike a deal. Despite the negotiations,...

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Can investing in a home renovation out-perform the average stock market performance?

Everybody knows that investing your money is the best way to make it work for you and grow. Millions of people around the world invest money every day seeking both short term gains and long-term profits. There are numerous different ways to make your money work for you, but the question is what is the best method?Q2 2020 hedge fund letters, conferences and moreThe stock market is probably the most well-known investment option for many people followed closely by real estate. Both have the potential to make excellent returns on the initial investment, but does one have the edge?Stock market inve...

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Kanye West tells fans to use coronavirus stimulus checks to buy land

There are no signs yet of the second stimulus checks, but people are already coming up with advice on what people should do with their $1,200. One such advice came from an unexpected name – rapper Kanye West. In a tweet, West told his followers that they should use their coronavirus stimulus checks to buy land.Q2 2020 hedge fund letters, conferences and moreUse coronavirus stimulus checks to buy land: WestWest, in a tweet, asked his followers to “Use the government money and buy land.” It isn’t clear whether West was referring to the first coronavirus stimulus checks, or the next round of chec...

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What’s actually stopping next coronavirus relief package?

The second coronavirus stimulus package should have come by now, but it hasn’t. Democrats and Republicans have been unable to reach a consensus on several provisions. The one biggest roadblock that is stopping the next coronavirus relief package is the aid to state and local governments.  What do the two sides want? According to Mark Meadows, White House chief of staff, the biggest obstacle to the relief deal is the differences between the two sides over aid to state and local governments. The chief of staff says ...

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Coronavirus stimulus checks: Politicians no closer to a deal

As predicted a few weeks ago, both sides are no closer to a Coronavirus stimulus checks and relief bill. The talks are not any closer to providing relief to Americans. However, our analysis failed to take into account Congressional elections. Why aren’t both Democrats and Republicans worried about their House and Senate races? It will not be good for incumbents if people suffer, even if it benefits Democrats by causingTrump to lose.Nancy Pelosi would like to recall Congress, but for reasons unrelated to a Coronavirus stimulus checks relief package. Pelosi is concerned about the all urgent matt...

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Latest update on coronavirus relief package is just a mirage

The latest update is that lawmakers are far from a deal on the next coronavirus relief package, although signs that a bipartisan spirit is returning to Congress have appeared. It’s looking again like the next stimulus package won’t include a second round of checks, but it will include money for the U.S. Postal Service.Q2 2020 hedge fund letters, conferences and moreUpdate: Democrats consider cutting coronavirus relief packageThe biggest sticking point between Republicans and Democrats has been the price tag of the coronavirus relief package, and that has prevented any update for the last two w...

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Americans have lost over $100 million because of COVID-19 financial fraud

With more than 160,000 reports and over $100 million in losses, COVID-19 fraud has spread rapidly and left many in a more difficult financial position.Q2 2020 hedge fund letters, conferences and moreA new virus has led to a new type of fraud as scam artists have taken full advantage of the coronavirus pandemic. What exactly is COVID-19 fraud, and which parts of the country have been most affected? The Ascent conducted a study of Federal Trade Commission (FTC) data in early August to find out that and much more about COVID-19 fraud.Defining COVID-19 FraudThe FTC's classification of COVID-19 fra...

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System error blocked coronavirus stimulus checks from being sent to 26 states

Discussions are still ongoing to finalize the next coronavirus package. If things go as per the expectations, we could have a stimulus deal next week and the IRS would start sending out the checks. Many, however, are still waiting for their first coronavirus stimulus checks, including those who didn’t get the payment due to an IRS system error.  As per an updated message on the IRS website, some payments were scheduled to be mailed on May 22 in the form of an EIP paid debit card. These payments, however, were never...

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How big could your next coronavirus stimulus check be? Use this calculator

The second round of stimulus checks is likely coming, and the checks are expected to be $1,200. The only thing not clear as of now is exactly when the checks will be sent. The GOP introduced the HEALS Act on Monday. Now there is a calculator that will tell you how much you will get in your coronavirus stimulus check if the HEALS Act is approved as it is.Q2 2020 hedge fund letters, conferences and moreStimulus check: how much will you get?Now that the Senate has introduced the HEALS Act, Democrats and Republicans will negotiate the final relief package. Negotiations will mostly focus on other p...

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