Kemberley “Kemcents” Washington, CPA is the co-founder of Washington CPA Services, LLC (WCPA). WCPA offers accounting, tax and financial management to businesses and nonprofits. She is a best seller author, educator and personal finance news contributor. She has authored "The Ten Commandments to a Financial Healing," "Are you wearing the B.A.D.G.E.?," and "21 Days of Powerful Breakthroughs." Her books are available on the YouVersion Bible App, Walmart.com, Barnes & Noble and more. As a personal finance news contributor, she can be seen weekly on the news outlets, which includes Fox 8 Morning News and NBC's WDSU News. Also, she is frequently heard on iHeartRadio Stations, FM 98 and Q93, where she provides tips to help individuals conquer their personal finances. Throughout her career, she has had the opportunity to contribute to US News, Fox Business, Yahoo Finance, The New Orleans Agenda, Jet Magazine, The New Orleans Tribune, Smart Asset, The Street, Bankrate.com, Upscale, Credit Karma, Experian, Black Enterprise and many more.
I would expect this bill would pass sometime in March so at the earliest individuals can expect money in March.
With the stimulus checks, the biggest thing this year is the Recovery Rebate Credit. This is going to be for individuals who need to claim a stimulus payment, a person who has yet to receive their stimulus payment — the IRS has not issued it, or they received a partial payment. They may qualify for additional payment on their 2020 tax return.
Individuals will get that third round of payments per person and then also $1,400 per child too. And also for other dependents as well.