We know the story: Things are tight financially, so you either don’t file your tax returns, or you file the returns but don’t pay the balance due. But don’t worry, you tell yourself, next year will be better and I will be able to catch up. Now it is 2-3 years later and a letter arrives from the IRS.
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Economic Impact Payments being sent by prepaid debit cards, arrive in plain envelope; IRS.gov answers frequently asked questions
As Economic Impact Payments continue to be successfully delivered, the Internal Revenue Service today reminds taxpayers that some payments are being sent by prepaid debit card. The debit cards arrive in a plain envelope from “Money Network Cardholder Services.” Nearly 4 million people are being
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Here’s why some people’s Economic Impact Payment is different than expected
As people across the country receive their Economic Impact Payments, some might receive a different amount than they expected. Eligible individuals receive a payment for $1,200. Two eligible individuals filing a joint return receive $2,400. And, eligible individuals receive up to an additional $500
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IRS People First Initiative provides relief to taxpayers facing COVID-19 issues
Due to COVID-19, the IRS’ People First Initiative provides relief to taxpayers on a variety of issues from easing payment guidelines to delaying compliance actions. This relief is effective through the filing and payment deadline, Wednesday, July 15, 2020. • Existing Installment Agreements – Under
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May 5 deadline for VA, SSI recipients who don’t file a tax return and have dependents
VA, SSI recipients with eligible children need to act by Tuesday, May 5 to quickly add money to their automatic Economic Impact Payment; ‘Plus $500 Push’ continues. The Internal Revenue Service today reminded Supplemental Security Income and Department of Veterans Affairs beneficiaries to act by
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Economic Impact Payments continue to be sent, check IRS.gov for answers to common questions
As Economic Impact Payments continue to be successfully delivered, the Internal Revenue Service today reminds taxpayers that IRS.gov includes answers to many common questions, including help to use two recently launched Economic Impact Payment tools. The IRS is regularly updating the Economic Impact
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COVID Tax Tip 2020-45
Taxpayers with a filing requirement must file a tax return to get an Economic Impact Payment While most eligible taxpayers don’t need to take any action to receive an Economic Impact Payment, some people will. This includes those who are required to file and haven’t filed a tax return for either 2018
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CORONAVIRUS EMERGENCY LOANS Small Business Guide and Checklist
The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses.
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Coronavirus Aid, Relief, and Economic Security Act (CARES Act) Q&A:
Coronavirus stimulus check scams are out to swindle you: Do not give out your PayPal account information, Social Security number, bank account number or anything else if someone claims such information is essential to sign you up for a stimulus check relating to the coronavirus pandemic. It's not. It's a
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