CONTENT.GOVDELIVERY.COM
IR-2020-185: IRS: Unemployment compensation is taxable; Have tax withheld now and avoid a tax-time surprise
Here is a little information that we received yesterday. Hope it will help answer some questions. Otherwise you are always welcome to call the office. Have a great day!
CONTENT.GOVDELIVERY.COM
COVID Tax Tip 2020-61: Millions of people will get their Economic Impact Payment by prepaid debit card
IRS
April 15 at 4:02 PM ·
The new #IRS Get My Payment tool is operating at record volumes. So far, 9.8M people got an Economic Impact Payment status and 1.6M provided direct deposit information. In some situations, the app responds: Status Not Available. Learn what this means at https://go.usa.gov/xv8qh #COVIDreliefIRS
IRS
April 18 at 11:15 AM ·
#IRS is issuing Economic Impact Payments in record time, but we understand you may have pending questions. Take a moment to review our FAQs: www.irs.gov/EIPFAQ #COVIDreliefIRS
Our office will be closed for TWO weeks starting March 28th, and we will reopen again on Monday, April 13th. Our tax preparers will be working remotely, do not hesitate to reach out if any questions are to come up. We will be checking into the office periodically, so feel free to to use the drop box located on the south side of the building. You can contact us at 763.682.3238 or dmrtaxes@gmail.com
STAY HEALTHY AND SAFE!
IRS.GOV
It’s summertime… and these tips can help make livin’ easy for teens with jobs | Internal Revenue Service
CONTENT.GOVDELIVERY.COM
COVID Tax Tip 2021-24: People should be on the lookout for identity theft involving unemployment benefits
The link to schedule your appointments and drop offs or pick ups is:
www.picktime.com/dmr
PICKTIME.COM
Book an Appointment with Deitering McClellan & Rassat Inc - Tax Prep, Payroll, & Accounting Services
Use this link to go directly to the IRS website. There is a lot of helpful information for you here!
https://www.irs.gov/newsroom/irs-operations-during-covid-19-mission-critical-functions-continue
IRS.GOV
IRS Operations During COVID-19: Mission-critical functions continue | Internal Revenue Service
From the IRS:
The 2021 Economic Impact Payments are now on the way.
We’re now sending the 2021 Economic Impact Payments in accordance with the American Rescue Plan Act of 2021, signed into law on March 11, 2021.
Check when and how your payment was sent with this Get My Payment tool link. https://www.irs.gov/node/77521
Didn’t Get the Full First and Second Payments? Claim the 2020 Recovery Rebate Credit https://www.irs.gov/newsroom/recovery-rebate-credit
If you didn’t get the full amount of the first or second Economic Impact Payments, you may be eligible to claim the 2020 Recovery Rebate Credit and must file a 2020 tax return even if you don’t normally file. The third Economic Impact Payment will not be used to calculate the 2020 Recovery Rebate Credit.
For the latest updates, check IRS.gov/coronavirus.
IRS.GOV
Coronavirus Tax Relief and Economic Impact Payments | Internal Revenue Service
The Internal Revenue Service will automatically process refunds for individuals who paid taxes on their unemployment benefits before Congress passed a law making those payments tax-free.
The automatic refund will mean that many recipients of unemployment benefits who have already filed their returns for 2020 won’t have to take extra steps (no amendment necessary) to reclaim the taxes they paid but no longer owe — on as much as $10,200 of jobless benefits. Taxpayers who have yet to submit their returns also have an additional month, until May 17, to file this year.
https://www.irs.gov/newsroom/more-economic-impact-payments-set-for-disbursement-in-coming-days-taxpayers-should-watch-mail-for-paper-checks-debit-cards
IRS.GOV
More Economic Impact Payments set for disbursement in coming days; taxpayers should watch mail for paper checks, debit cards | Internal Revenue Service
