There's been a lot of news regarding the $1,400 stimulus check coming from the IRS to nearly 1 million Americans. That part is true. However, thieves and scammers also watch the news and they're betting on you letting down your guard. Here's the skinny: the IRS does NOT notify you...
IRS standard deduction Earned Income Tax Credit (EITC) Child Tax Credit (CTC) Student loan interest deduction Taxable qualified retirement plan distributions Examples of situations not included in a simple Form 1040 return: Itemized deductions claimed on Schedule A, like charitable contributions, medical...
For the people who still have not received their first, $1,200 stimulus payments, the IRS said the Get My Payment tool will show the status of both payments. “You will be able to check the status of your Economic Impact Payment 1 and Economic Impact Payment 2 payments. The status inclu...
The IRS is the only source for when and how your stimulus payment will be distributed. You can check the status of both your first and second payments by using theGet My Payment tool,available in English and Spanish on IRS.gov. Unfortunately, because of an IRS error, millions of payments...
While giving charitable donations gives big-hearted donors the warm fuzzies, it's also important to have a solid understanding of the IRS rules on donation documentation. Because while donating to a charity is a generous thing to do, if you don't understand the rules, you'll pay the price...
In addition to the IRS check, we also verify the information against several other databases, including the Death Master File, OFAC, and the Denied Persons List among others. Protect yourself and your company by always verifying the vendor/contractor you hire is who they say they are. ...
How do I check my tax refund status? If at any point after filing, you’re curious about your tax refund status you can use one of the following government tools: Use the IRS refund status tracker tool: The IRS’s “Where’s My Refund?” tool is a quick and easy way to check the...
A Check Book IRA is a combination of a Self Directed IRA owning an LLC with YOU being the manager of the LLC. The LLC does all the investing so you have control over all the investment decision.
Learn how TaxAct helps you easily track and monitor your tax refund status. Get real-time updates on the whereabouts of your IRS tax refund and more.
" tool on the IRS website or theIRS2Gomobile app after 24 hours of e-filing or 4 weeks of mailing a paper return. Is it better to get a tax refund or adjust my withholding? Financially speaking, a large refund essentially means you've given the government an interest-free loan through...