By Maria T. Morales, Houston, Texas
From Monday, a lot of families, in United States, began receiving the economic relief fund that the US government approved to respond to the Covid-19 pandemic.
The funds were approved in late March by Congress. President Donald Trump announced in early April, that Americans and legal residents in the country, would receive the benefit.
The United States Department of Internal Revenue, (IRS for its acronym in English), began depositing the money in bank accounts to those families who filed their tax returns in 2018 Y 2019.
Families who do not have bank accounts, will receive a check by national mail. For that end, taxpayers will not have to take any action, how to phone, send emails and sign up for a website.
The IRS warned not to be surprised due to the swell of scammers that broke out days after the presidential announcement.
''Further, watch out for emails with attachments or links that claim to have special information about economically impactful payments or refunds ’’, alerted the IRS through its website.
Each taxpayer, seniors and retirees will receive up to $1,200 Y $500 for every child, less than 17 years.
Tips for managing money
For the financial consultant, Vicente Agbayani, the economic stimulus must be used to pay bills, buy food or save in case of a family emergency.
Not to be used, according to the consultant, when buying travel packages, concert tickets, cell phones or accessories or luxury items.
The latest official number of positive cases of coronavirus in the country, reached 554,849 infected and 21,942 the fatalities. According to the registry of the Center for Disease Control and Prevention (CDC for its acronym in English). New York State reached more than 10,000 Covid-19 deaths.