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๐•๐€ & ๐’๐’๐ˆ ๐‘๐„๐‚๐ˆ๐๐ˆ๐„๐๐“๐’ ๐“๐‡๐€๐“ ๐ƒ๐Ž๐โ€™๐“ ๐…๐ˆ๐‹๐„ ๐‘๐„๐“๐”๐‘๐๐’-๐€๐‚๐“ ๐›๐ฒ ๐Œ๐€๐˜ ๐Ÿ“ (๐Ÿ’/๐Ÿ‘๐ŸŽ/๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ)

SSI and VA recipients who have children and who werenโ€™t required file a tax return in 2018 or 2019 should visit the โ€œNon-Filers: Enter Payment Info Hereโ€ tool on IRS.gov. And by entering the needed information by May 5th on this site, get the economic impact payments theyโ€™re entitled to. By entering information on the […]

โ€œ๐†๐„๐“ ๐Œ๐˜ ๐๐€๐˜๐Œ๐„๐๐“โ€ ๐Ž๐๐‹๐ˆ๐๐„ ๐€๐๐๐‹๐ˆ๐‚๐€๐“๐ˆ๐Ž๐ (๐Ÿ’/๐Ÿ๐Ÿ•/๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ)

With the โ€œGet My Paymentโ€ application, recipients of economic impact payments can track their payments and provide bank account information to ensure direct deposit. ๐…๐จ๐ซ ๐ญ๐š๐ฑ๐ฉ๐š๐ฒ๐ž๐ซ๐ฌ ๐ญ๐จ ๐ญ๐ซ๐š๐œ๐ค ๐ญ๐ก๐ž ๐ฌ๐ญ๐š๐ญ๐ฎ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž๐ข๐ซ ๐ฉ๐š๐ฒ๐ฆ๐ž๐ง๐ญ, the application will show taxpayers the scheduled delivery date by direct deposit or mail and the last four digits of the bank […]

๐’๐Ž๐‚๐ˆ๐€๐‹ ๐’๐„๐‚๐”๐‘๐ˆ๐“๐˜ ๐‘๐„๐‚๐ˆ๐๐ˆ๐„๐๐“๐’ & ๐„๐‚๐Ž๐๐Ž๐Œ๐ˆ๐‚ ๐ˆ๐Œ๐๐€๐‚๐“ ๐๐€๐˜๐Œ๐„๐๐“๐’ (๐Ÿ’/๐Ÿ๐Ÿ/๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ)

Recipients of Social Security retirement or disability benefits, Supplemental Security Income and Railroad Retirement benefits will receive Economic Impact Payments automatically without having to engage in some registration procedure because they donโ€™t generally file tax returns. The payment for individuals is $1,200. And if they have a qualifying child under age 17, they qualify for […]

๐Œ๐€๐ˆ๐ ๐’๐“๐‘๐„๐„๐“ ๐‹๐„๐๐ƒ๐ˆ๐๐† ๐๐‘๐Ž๐†๐‘๐€๐Œ (๐Ÿ’/๐Ÿ๐Ÿ“/๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ)

In addition to the Small Business Administration lending programs (PPP & EIDL), the Federal Reserve established the Main Street Lending Program. This program seeks to provide support for small and mid-sized businesses that were in good financial standing before the crisis by offering 4-year loans to companies employing up to 10,000 workers or with revenues […]

๐๐Ž๐-๐…๐ˆ๐‹๐„๐‘๐’ ๐‘๐„๐†๐ˆ๐’๐“๐„๐‘ ๐Ÿ๐จ๐ซ ๐„๐‚๐Ž๐๐Ž๐Œ๐ˆ๐‚ ๐ˆ๐Œ๐๐€๐‚๐“ ๐๐€๐˜๐Œ๐„๐๐“๐’ (๐Ÿ’/๐Ÿ๐Ÿ‘/๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ)

If you donโ€™t normally file an income tax return, the IRS launched a new web tool allowing quick registration for Economic Impact Payments. The tool provides a free and easy option designed for people who don’t have a return filing obligation, including those with too little income to file. The feature is available only on […]

๐’๐„๐๐ˆ๐Ž๐‘๐’ ๐๐„๐–๐€๐‘๐„ ! ๐’๐‚๐€๐Œ๐’ & ๐’๐“๐ˆ๐Œ๐”๐‹๐”๐’ ๐๐€๐˜๐Œ๐„๐๐“ ๐“๐‡๐„๐…๐“๐’ (๐Ÿ’/๐Ÿ—/๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ)

Seniors and retirees need to be on the lookout for calls and email phishing attempts about the Coronavirus, or COVID-19. Not only calls and emails but text messages, websites and social media are requesting money or personal information that can lead to tax-related fraud and identity theft. Seniors should be especially careful during this period. […]

๐๐„๐–๐€๐‘๐„ ๐จ๐Ÿ ๐‚๐Ž๐•๐ˆ๐ƒ-๐Ÿ๐Ÿ— ๐’๐‚๐€๐Œ๐’ & ๐’๐“๐ˆ๐Œ๐”๐‹๐”๐’ ๐๐€๐˜๐Œ๐„๐๐“ ๐“๐‡๐„๐…๐“๐’ (๐Ÿ’/๐Ÿ•/๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ)

Taxpayers need to be on the lookout for calls and email phishing attempts about the Coronavirus, or COVID-19. Not only calls and emails but text messages, websites and social media are requesting money or personal information that can lead to tax-related fraud and identity theft. The IRS and its Criminal Investigation Division have seen a […]

๐‚๐€๐‘๐„๐’ ๐€๐‚๐“-๐‡๐„๐‹๐ ๐Ÿ๐จ๐ซ ๐๐”๐’๐ˆ๐๐„๐’๐’ (๐Ÿ’/๐Ÿ/๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ)

The CARES ACT provides help to individuals, businesses and small businesses. For businesses, the Cares Act provides the following: โ€ข Employee Retention Credit for Employers Closed by COVID-19-An employer can claim a credit against applicable employment taxes for each calendar quarter equal to 50% of wages for each employee. โ€ข Delay Payment of Employer Payroll […]

๐‚๐€๐‘๐„๐’ ๐€๐‚๐“-๐‡๐„๐‹๐ ๐Ÿ๐จ๐ซ ๐ˆ๐๐ƒ๐ˆ๐•๐ˆ๐ƒ๐”๐€๐‹๐’ (๐Ÿ‘/๐Ÿ‘๐Ÿ/๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ)

The CARES ACT provides help to individuals, large businesses and small businesses. For individuals, the Cares Act provides the following: โ€ข Recovery Rebate-Provides $1,200 to individuals filing as singles and $2,400 to joint filers. $500 for each qualifying child. Limitations apply. โ€ข Student Loan Payments Suspended & Interest Waived- All borrowers with federally held student […]

๐‚๐€๐‘๐„๐’ ๐€๐‚๐“-๐‡๐„๐‹๐ ๐Ÿ๐จ๐ซ ๐’๐Œ๐€๐‹๐‹ ๐๐”๐’๐ˆ๐๐„๐’๐’ (๐Ÿ‘/๐Ÿ‘๐ŸŽ/๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ)

The CARES ACT provides help to individuals, large businesses and small businesses. For small businesses, the Cares Act provides the following loan and grant programs: โ€ข Paycheck Protection Program (PPP) Loans-Helps business cash-flow with 100% federally guaranteed loans to maintain payroll. The loans are forgiven if payroll is maintained during emergency. โ€ข Small Business Debt […]