Nursing homes: Stimulus payments are for residents
If you have clients who operate assisted living facilities or nursing homes, read on. The second round of Economic Impact Payments (EIPs) is in the works and the money is already being sent to people. But like last time, the payment is meant for the person, not the place where they live. In the first round – let’s call EIP 1.0 – we know that some nursing facilities tried to take the stimulus payments intended for their residents, particularly...