IRS
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The IRS wants stimulus money back. The agency said this week they sent out checks to people that are deceased. In a rush to get all the checks out for people who need it during COVID-19. The agency said that they sent out checks for people who had filed within the past two years. Including […]
Have you received your Economic Impact Payment yet? If not you will be able to check the status of your stimulus payment this week via the IRS tracker tool Get My Payment. If you filed taxes in 2018 and 2019 then you are all set you will not need to do anything. And the same […]
How much? o One payment and one payment only of $1,200. o As long as your adjusted gross income is less than $75,000 What if I/we earned more than $75,000? o If you earned between $75,000 and 99,000, your check will be prorated. o If you earned over $99,000 or jointly $198,000, you are […]
On Thursday, April 2, several media outlets, including CNN and The Hill, obtained a Democratic House Ways and Means Committee memo that outlined how some Americans might not receive their stimulus funds for 20 weeks or five months from some time in May. Although Treasure Secretary Steven Mnuchin originally advised the public that the initial […]
The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020. Taxpayers can also defer federal income tax payments due on April 15, 2020, to July 15, 2020, without penalties and interest, regardless of the amount owed. This […]
When you read something and think I must have read that wrong or hear something and still say I must have heard that wrong… was that 100 million dollars! A retired U of R professor started in 1995 investing in offshore start-up companies and amassed 200 million bucks and hid his bank in Switzerland. Now […]
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