The Internal Revenue Service says it is in the process of hiring 3,500 additional telephone representatives so that taxpayers can get answers to their questions about Economic Impact Payments.…
Learn about recent IRS announcements concerning Economic Impact Payments, Virtual Settlement Days, the Special Enrollment Exams, and more in the latest news-roundup episode of the Taxing Subjects Podcast.…
Read more about Economic Impact Payments, Virtual Settlement Days, Delayed EA Exams, and More – E44
The IRS announced that close to 130 million taxpayers have now received an Economic Impact Payment—up from the 88 million toward the end of April—bringing the total amount of money issued to more than $200 billion.…
Read more about IRS Breaks Down Economic Impact Payments by State
The U.S. Treasury Department has found a loophole in the stimulus payments sent out to individuals. Some of the recipients were actually deceased—and Treasury wants that money back.…
Read more about Treasury Wants Payments to Deceased Taxpayers Returned
The latest episode of the Taxing Subjects Podcast explores some of the latest coronavirus-related tax industry announcements, including updated state individual income tax deadlines, Economic Impact Payments, and temporarily suspended IRS services.…
While non-filers receiving Supplemental Security Income (SSI) and Veterans Affairs (VA) benefits are scheduled to automatically get a $1,200 Economic Impact Payment, the IRS says beneficiaries need to report qualifying dependents before May 5, 2020, to receive an additional $500 per qualifying child with their EIP.…
Read more about EIP Alert: May 5 Deadline for SSI and VA Beneficiaries with Dependents
The Economic Impact Payment (EIP) program designed to ease the shock of halted employment during the coronavirus-related isolation period could experience some unexpected loopholes.…
Read more about Six States Could Tax Economic Impact Payments
We were impressed by how straightforward the entire process is.…
Supplemental Security Income beneficiaries are now included in the group of non-filers who will automatically receive an Economic Impact Payment.…
Read more about IRS Announces Automatic EIP for Supplemental Security Income Beneficiaries
The IRS Get My Payment tool is now available, providing EIP recipients a convenient way to set up direct deposit for and track the status of their payment.…
