Coronavirus stimulus checks: Where is the missing money going? [USA TODAY]
H&R Block, Inc. (HRB)
Last h&r block, inc. earnings: 3/5 04:15 pm
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Source: USA TODAY
CLOSEThe coronavirus (COVID-19) is impacting the global economy and raising fears of a recession. What causes a recession and what are the signs?USA TODAYCONNECTTWEETLINKEDINEMAILMOREAmericans are reaching out to tax preparers and lining up at their offices around the country tofind out what happenedOne answer: The IRS sent those missing payouts to an intermediary bank account if a client got an advance on their tax return, tax professionals say.Clients tipped tax preparers off to the problem when they used Get My Payment, the government’s new stimulus deposit tracking portal, and uncovered that the payments of up to $1,200 for individuals were sent to an account number they didn't recognize.Agencies that help people file for government-issued refunds are receiving an influx of calls regarding the one-time payout meant to be disbursed to 80 million Americans this week. While many people received the deposit, other payments may have gotten inadvertently sent to temporary accounts creat
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News
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HRB
Earnings
- 5/9/24 - Beat
HRB
Sec Filings
- 5/9/24 - Form 10-Q
- 5/9/24 - Form 8-K
- 2/23/24 - Form 144/A
- HRB's page on the SEC website