Monthly Archives: April 2020

WASHINGTON – Consistent with direction from G7 Leaders, Finance Ministers and Central Bank Governors met virtually on April 14 to reaffirm our close coordination to fight the pandemic and mitigate its impacts, including by enacting wide-ranging health, economic, and financial stability measures in our respective countries.  Ministers and Governors reiterated their pledge to do whatever […]

WASHINGTON – Today, the U.S. Department of the Treasury launched a web portal to allow eligible State, local, and tribal governments to receive payments to help offset the costs of their response to the coronavirus pandemic.   Once registered through this portal, States, territories, and the District of Columbia will receive promptly half of the funds allocated […]

WASHINGTON—Millions of Americans are starting to see Economic Impact Payments deposited directly in their bank accounts. The U.S. Department of the Treasury and IRS expect tens of millions of Americans will receive their payments via direct deposit by Wednesday, April 15. These payments are being automatically issued to eligible 2019 or 2018 federal tax return […]

WASHINGTON — The U.S. Department of the Treasury and IRS will launch the “Get My Payment” web application next week. The FREE app—which will be found at IRS.gov—will allow taxpayers who filed their tax return in 2018 or 2019 but did not provide their banking information on their return to submit direct deposit information. Once […]

WASHINGTON – Today, U.S. Treasury Secretary Steven T. Mnuchin announced certain details of the Payroll Support Program under the CARES Act. Title IV of the CARES Act provides payroll support for American workers employed by passenger air carriers, cargo air carriers, and related contractors. Treasury has received over 230 applications for payroll support from a […]