*** Update *** https://www.forbes.com/advisor/personal-finance/1400-stimulus-check-calculator-new-income-limits/
If your organization is looking for a great fundraiser check out @Fundraiser_Eric . Local company and proven results.
Check out the most popular #fundraising product for March teams...good old fashion cookie dough. Check out our website for all our other products http://psfundraising.com
If you’ve claimed #EITC or ACTC, the law requires #IRS to hold the refund. “Where’s my refund” will update for these filers by Feb 22. Barring other issues, most of these refunds should reach accounts by the 1st week of March. http://ow.ly/HifU50DCDzo
#IRS is delivering new Economic Impact Payments. Note that eligible people who didn’t get either the 1st or 2nd payment will be able to claim it when they file a tax return. http://www.irs.gov/eip #COVIDreliefIRS
Important reminders before filing 2020 tax returns. #YTACanHelp https://www.irs.gov/newsroom/important-reminders-before-filing-2020-tax-returns
Stay Alert ...
A COVID-related text scam involves tricking people into disclosing bank account info in order to receive an Economic Impact Payment. Stay alert: http://www.irs.gov/alerts #COVIDreliefIRS
For the #IRS employee retention credit, employers experiencing economic hardship are those with suspended operations due to a government order related to COVID-19 or those experiencing a big decline in gross receipts. http://www.irs.gov/coronavirus #COVIDreliefIRS
Yes it is taxable...
If you received unemployment compensation during the year, you must include it in gross income on your #IRS tax return. See details at http://www.irs.gov/uc #taxes
The IRS suggests that filing your tax returns electronically with direct deposit is the fastest way to get your refund. If you don’t have a bank account, we have lots of tips to #GetBanked!
Read more about how you can open a bank account
online → https://go.usa.gov/xAs7E
The tax filing season will begin Feb. 12 to allow for critical programming necessary to help ensure #IRS systems run smoothly after recent tax law changes. See: https://go.usa.gov/xAVaG
The #IRS employee retention credit encourages businesses to keep workers on the payroll. It’s a refundable tax credit for employers whose business has been financially impacted by COVID-19. Learn more: https://go.usa.gov/xvGRk #COVIDreliefIRS