Questions about Economic Impact Payments The IRS is issuing Economic Impact Payments. These payments are being issued automatically for most individuals. However, some people who don’t usually file a tax return will need to submit basic information to the IRS to receive their payment. Questions? The IRS
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Action Needed for Social Security Beneficiaries with Dependents and Who Do Not File Tax Returns to Receive $500 Per Child Payment “Social Security beneficiaries and Supplemental Security Income (SSI) recipients who don’t file tax returns will start receiving their automatic Economic Impact Payments directly from the Treasury
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Taxpayers should be aware of Coronavirus-related scams Taxpayers should be on the lookout for IRS impersonation calls, texts and email phishing attempts about the coronavirus or COVID-19 Economic Impact Payments. These scams can lead to tax-related fraud and identity theft. Here’s what taxpayers should know: The IRS
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Most Social Security and Railroad Retirement recipients don’t need to file a return or provide information to get an Economic Impact Payment Many people are receiving Economic Impacts Payments to help with the effects of the Coronavirus (COVID-19) pandemic. Among people getting payments for $1,200 are those
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The Department of Treasury and the IRS (Internal Revenue Service) this week announced extensions of additional key tax deadlines for individuals and businesses. These deadline extensions were critical for many people and businesses both in and outside of the United States. These further extensions from the IRS
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To help millions of people, the Treasury Department and the IRS launched a new web tool allowing quick registration for Economic Impact Payments for those who don’t normally file a tax return. The non-filer tool, developed in partnership between the IRS and the Free File Alliance, provides
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Hello to all our readers, First and foremost, we hope you and your family are safe and secure during this unprecedented Covid-19 crisis. We have not seen a health crisis like this in over 100 years and understand that you and your family are not only stressed
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The below chart details the two types of loans available via the S.B.A. Small Business Administrations Loan Program created due to the Covid-19 Corona Virus Pandemic.
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The Coronavirus Aid, Relief, and Economic Security (CARES) Act, often referred to as the stimulus bill, was signed into law on March 27, 2020, and contains legislation to stabilize the economy during the coronavirus pandemic. These measures include economic recovery checks for taxpayers, as well as several
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