Although federal stimulus checks have yet to arrive, some state and local governments are utilizing federal monies to make targeted stimulus payments. The Las Vegas City Council recently authorized a proposal to use the cash received under the American Rescue Plan Act, which was passed in March of last year.
The monies would not be used to provide individual stimulus checks; instead, Las Vegas stimulus checks would be utilized to help causes, concerns, and people most affected by the pandemic. The American Rescue Plan Act provided $121 million to the city of Las Vegas.
Claim your stimulus check if you reside in Las Vegas
The Las Vegas City Council adopted a proposal last week to transfer $121 million in federal American Rescue Plan Act funds to NGOs, local companies, affordable housing initiatives, and other pandemic-related response organizations.
Per Entrepreneur, nonprofit organizations will receive 40 percent of the total funding, while the other three categories will each receive 20 percent. If we do the calculation, the nonprofits will receive more than $49 million, while the other three entities would each receive more than $23 million.
It’s worth noting that the list of those who will get the Las Vegas stimulus checks has already been approved by municipal officials. According to city officials, the city received more than 500 grant proposals totaling $2.2 billion.
The authorities have chosen 149 suitable candidates from the entire number of requests. The recipient’s target area, how the funds will be used, and how the pandemic affected the organization was all factors in the selection process.
Beware of stimulus check fraud in Las Vegas
Potential frauds involving several COVID-19 relief programs, including stimulus checks and unemployment assistance, are on the upswing this year, according to IRS special agents in Las Vegas.
According to IRS inspectors, some tax preparers are committing fraud by utilizing their clients’ personal information. Abuse return preparers can falsify income figures to gain fraudulent tax benefits, such as the earned income tax credit or any of the new provisions developed during the COVID-19 pandemic, according to IRS Assistant Special Agent Dave Mesler.
He did say, though, that even if someone else filed your tax return, you are ultimately accountable for all of the information on it. Scams via text and email are also a major threat in the Las Vegas Valley, as per MSN.
The IRS claims they’ve witnessed an increase in text messages impersonating the IRS since last year. Take a screenshot of the text message and send it to [email protected] if you get an unsolicited SMS/text message that looks to be from the IRS or a program closely related to the IRS.