Economic Impact Payments

IRS Launches  “Get My Payment”

IRS Launches “Get My Payment”

IRS: Get My Payment Portal The IRS “Get My Payment” Portal is now active. It allows taxpayers to give the agency direct deposit information for their bank accounts if they didn’t include it on their 2018 or 2019 returns. Treasury and IRS officials are hoping to get...

IRS, Treasury to launch “Get My Payment” App Next Week

IRS, Treasury to launch “Get My Payment” App Next Week

"Get My Payment" App to Arrive Next Week: The U.S. Department of the Treasury and the IRS are launching the “Get My Payment” app next week.  At that time, I will update this post with additional information and relevant links. The app is free and will allow...

Be Aware of Scams: Economic Impact Payments

Be Aware of Scams: Economic Impact Payments

Be aware of potential scams regarding the Economic Impact Payments!! The IRS is warning on possible fraud and identity theft scams tied to the economic impact payments. Because of the pandemic, scammers and phishers may try to take advantage. They will try ways to get...

Economic Stimulus Payments: Additional Clarifying Details

Economic Stimulus Payments: Additional Clarifying Details

Seniors do not need to file a short return Earlier this week, the IRS said that “some seniors and others who typically do not file returns will need to submit a simple tax return to receive the stimulus payment.” This directly conflicts with wording in the CARES Act,...

Economic impact payments: What you need to know

Economic impact payments: What you need to know

The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most people. However, some taxpayers who...