IRS News Today, Nov 16: Direct Deposits Bring Relief Amid Inflation

As inflation continues to strain household budgets across the United States, the IRS has announced a significant initiative to help mitigate financial pressures. Starting in November 2025, eligible Americans will receive $2,000 direct deposits. These payments are not labeled as stimulus checks but are intended to provide much-needed financial relief. By focusing on income and tax status, the IRS aims to aid low- to middle-income families and social security beneficiaries who are most affected by rising living costs.