IRS sends coronavirus stimulus checks to dead people

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The seal of the Internal Revenue Service (IRS) hangs on a podium during an IRS Criminal Investigation 100th year anniversary event at the agency’s headquarters in Washington, D.C., U.S., on Monday, July 1, 2019. Photographer: Andrew Harrer/Bloomberg via Getty Images

Bloomberg

An unlikely group counts itself among the recipients of the coronavirus stimulus checks: the dead.

The IRS began distributing $290 billion in direct cash payments within the past week as part of the $2 trillion CARES Act stimulus bill. As part of the plan, IRS is sending checks of up to $1,200 per individual and $2,400 per married couple

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Types Of Organizational Structure In Business

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Business & Finance,Advertising & Marketing,SEO marketing,insurance,business ideasAs we speak, even the sphere of dentistry is wealthy in inventive entrepreneurs who actively create and introduce items and services which will appear cool and strange to you. Here we’ve pulled together a list of these business ideas which might be enticing for school college students. Like the listing above, some — like app developer — require previous experience. But many do not. Similarly, the major search engines will scan the location to find out how easy it is to navigate and skim, rewarding user-pleasant sites with larger rankings on the search engine outcomes web page.

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Ann Taylor parent Ascena files for Chapter 11 bankruptcy

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Shopper enters a Ann Taylor LOFT clothing store located on Madison Avenue in New York City.

Adam Rountree | Bloomberg | Getty Images

The parent company of Ann Taylor and Loft, Ascena Retail Group, filed for Chapter 11 bankruptcy protection Thursday morning, marking the latest apparel maker to be pushed to the brink during the coronavirus pandemic. 

The company said in a press release that its restructuring agreement is supported by more than 68{3c4481f38fc19dde56b7b1f4329b509c88239ba5565146922180ec5012de023f} of its secured term lenders, and it plans to close a number of stores and sell the rights to one of its brands. 

The Mahwah, New

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How insurance brokers are growing their value proposition

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The biggest opportunity in the broker market, according to Seth Rachlin (pictured), executive vice president – P&C insurance leader at Capgemini, is the emergence of electronic trading platforms.

“Ultimately, as those electronic trading platforms evolve, the brokers who are particularly tech-focused are going to see enormous value, not only in terms of their operational efficiencies, but also in their ability to deliver true value-added services to their customers,” Rachlin told Insurance Business.

Read next: How the changing consumer mindset impacts insurance agents and brokers

Rachlin said that over the last few months – in the height of the COVID-19 pandemic

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