The first batch of stimulus checks from the IRS arrived over the weekend, and the IRS says it will issue other payments as fast as it can. The IRS says it will soon be updating its website to allow people to track their payments online.
For gig workers or independent contractors who lost their jobs, getting benefits provided by the federal government is a bit confusing. The Pandemic Unemployment Assistance program provides benefits to workers who don’t qualify for state benefits, but in order to be covered through the federal program, workers must first apply to, and get rejected from, the state unemployment benefit program.
Some small businesses are still struggling to get emergency Small Business Administration loans. One local bank, Ocean First, received more than two thousand applications within the first week.