The Washington Post has a nice summary of what you can expect in May when the federal government starts sending out tax rebate checks.

Now that President Bush has signed the economic stimulus bill, Americans will soon get a check from the IRS, which the federal government hopes you'll immediately blow on retail goods to help pump some life into the economy.

There will be plenty of rumors and misinformation about the tax rebates coming our way. You know it's only a matter of time before you start getting e-mail from friends and family with "FW: FW: FW: FW: TAX REBATE IMPORTANT INFO - MUST READ" in the subject line. Am I right, or am I right? There have already been scams regarding tax rebates - we blogged about one of them recently.