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Stock impact report

Don’t Worry. The $1,200 Stimulus Payment Won’t Cut Into Your Tax Refund Next April [Forbes]

CBIZ, Inc. (CBZ) 
Last cbiz, inc. earnings: 2/20 06:30 am Check Earnings Report
US:NYSE Investor Relations: phx.corporate-ir.net/4h1u.url
Company Research Source: Forbes
Here's why you shouldn't panic about your stimulus payment.GettyThere’s lots of confusion—and unnecessary fear—surrounding the COVID-19 stimulus checks. Understandably so, since these “Recovery Rebates” have been made a part of the always confusing U.S. Tax Code.The stimulus checks, which areone-time payments from the governmentto help consumers weather the economic storm caused by the coronavirus pandemic, are expected to hit bank accounts as early as next week. But the implications of these checks, and how they could affect 2020 taxes, are generating many questions on Twitter.“Why are people calling it an advance refund? Does this mean we have to pay it back next year?”“Will it lower my tax return?”“What if I don’t qualify now?”Don’t panic. Here’s a quick explainer on how the stimulus payment works, and how it relates to your 2020 taxes.Today In:WTF Does This Market Jargon Mean? 7 You Think You Know But Don’t.Answers To Your Questions About Student Loans And What tax year is the IR Show less Read more
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