Millions of Americans received $1,200 deposits from the IRS over the last week through the CARES Act, a federal stimulus bill intended to help people facing unemployment and financial duress due to the COVID-19 pandemic.

Like many Americans, 62-year-old Larry Dansky of Ashland, Ore., has been anxiously awaiting his family’s stimulus payment, a bit of extra income that could help pay the bills amid an unprecedented economic slowdown. But when he logged on to the IRS’ website to track his payment, he was alarmed to see it had been deposited into an old account that he had shut down last summer to get the bonus from opening a new one.

Like many Americans, 62-year-old Larry Dansky of Ashland, Ore., has been anxiously awaiting his family’s stimulus payment, a bit of extra income that could help pay the bills amid an unprecedented economic slowdown. But when he logged on to the IRS’ website to track his payment, he was alarmed to see it had been deposited into an old account that he had shut down last summer to get the bonus from opening a new one.

Millions of Americans received $1,200 deposits from the IRS over the last week through the CARES Act, a federal stimulus bill intended to help people facing unemployment and financial duress due to the COVID-19 pandemic.

Last month, Congress passed a historic $2.2 trillion aid package aimed at easing the financial burden facing state governments, businesses and American families during the coronavirus pandemic. As part of this legislation, the majority of Americans are eligible to receive one-time cash payments — $1,200 for most — but for some, accessing those funds is a confusing and complicated process, while others were completely left out of this part of the relief plan.

The Nevada Department of Employment, Training, and Rehabilitation will participate alongside other financial experts in a telephone town hall scheduled for Tuesday afternoon.

Like Christmas, St. Patrick’s Day, and the Fourth of July, Tax Day in America is associated with the same calendar date each year.

While the aggregate tax system is mildly progressive, state and local tax systems are notably regressive. The lowest 95 percent of all income earners pay on average a higher percent of their income in state and local taxes than their share of aggregate income.