Stimulus Check FAQ’s
The stimulus payments being sent out are REALLY advanced tax credits. I believe eligibility will be based on 2020 taxable income, but the advance payments being sent out will be based on 2019 adjusted gross… Stimulus Check FAQ’s
U.S. Department of Education has Suspended Student Loan Debt Collection for 60 Days
Federal student loan borrowers late on their payments have been granted some relief by the Department of Education, which will stop the collections process for federal student loans in default, including wage garnishment actions, which… U.S. Department of Education has Suspended Student Loan Debt Collection for 60 Days
Economic impact Payments
The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most people.… Economic impact Payments
IRS Mission-Critical Functions Continue During COVID-19 to Assist Taxpayers
As the COVID-19 (coronavirus) outbreak continues, the Internal Revenue Service is taking multiple steps to protect their employees, America’s taxpayers and their partners. Although they are curtailing some operations during this period, the IRS is continuing… IRS Mission-Critical Functions Continue During COVID-19 to Assist Taxpayers
IRS extends tax deadline to July 15 from April 15
The Internal Revenue Service has extended the deadline for filing individual tax returns for 2019 to July 15, 2020 from April 15 in response to the coronavirus pandemic. The change came just two days after… IRS extends tax deadline to July 15 from April 15
The IRS Will Pay Interest on Your Delayed Tax Refund
Some taxpayers have good news and a deposit on the way: The Treasury Department and IRS are sending refund interest payments to about 13.9 million individual taxpayers who filed their 2019 federal income tax returns… The IRS Will Pay Interest on Your Delayed Tax Refund
“Where’s My Refund?” will be updated Saturday February 22, 2020 with Deposit Dates
With millions of tax refunds being processed, the Internal Revenue Service reminds taxpayers they can get fast answers about their refund by using the “Where’s My Refund?” tool available on IRS.gov and through the IRS2Go app. More… “Where’s My Refund?” will be updated Saturday February 22, 2020 with Deposit Dates
Avoid the rush after Presidents Day holiday; Use IRS’ online tools to get help
The Internal Revenue Service (IRS) recognized Presidents Day as a federal holiday and is therefore closed. In anticipation of the upcoming holiday, the IRS warned people who planned to call before and after the holiday… Avoid the rush after Presidents Day holiday; Use IRS’ online tools to get help
Today will be the End of the 2020 PATH ACT REFUND HOLD
The Protecting Americans from Tax Hikes (PATH) Act was created in order to protect taxpayers and their families against fraud and permanently extend many expiring tax laws. The law, which was enacted December 18, 2015,… Today will be the End of the 2020 PATH ACT REFUND HOLD
What are the Differences Between Form 1095-A, 1095-B, and 1095-C?
Sometimes the most challenging part of filing your taxes is simply knowing what to do with all the paperwork (or pdf-work? Is that a term?) that arrives in the mail (or your inbox). Similar names… What are the Differences Between Form 1095-A, 1095-B, and 1095-C?