Displaying items by tag: tax filing deadline

The IRS plans to provide the stimulus payments to individuals and families by depositing funds directly into the same banking account reflected on the latest tax return filed.

Jackson Hewitt HQ, April 1, 2020 – As the federal government manages its response to the coronavirus epidemic, a variety of solutions including extending the federal tax deadline for filing and payments, implementing paid leave for workers and tax credits for small businesses, and most recently, passing a two trillion dollar stimulus plan to bolster the U.S. economy were implemented. As a part of the recently passed stimulus, Americans should receive a stimulus check in the near future. Some of the most common questions regarding the pending stimulus checks are answered below:

Taxpayers should examine their state revenue websites for additional information and remain vigilant as this situation continues to develop.

Jackson Hewitt HQ, April 1, 2020 – With the Federal Government’s national recommendation to stay at home affecting businesses across the country, it may be time to file your taxes if you haven’t already done so. Remember, the majority of Americans filing taxes receive refunds, and additional funding during this time of uncertainty could provide you and your family with greater peace of mind.