IRS Notices and News
April 15, 2020
Get My Payment
Check on the status of your Economic Impact Payment
The link takes you to the application page to check:
-Your payment status
-Your payment type
-Whether more information is needed from you, including bank account information
You May Need:
-Your 2019 return, if filed, and
-Your 2018 return
Click to GET MY PAYMENT
Economic Impact Payment Information Center
The IRS webpage provides Economic Impact Payment information. For most taxpayers (those who filed tax returns in 2018/2019, seniors, retirees) payments are automatic, and no further action is needed. The page answers these key points:
-Who is eligible? Not eligible?
-How much is it worth?
-Do I need to take action?
-Payment recipients: watch for an IRS letter
-Avoid scams related to economic payments, COVID-19
View Economic Impact INFO
IRS Notices and News
IR-2020-61, March 30, 2020
Economic impact payments: What you need to know
The Treasury Department and the Internal Revenue Service 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.
Click for FAQs
IR-2020-53, March 10, 2020
Tax Time Guide: Tax Withholding Estimator helps retirees, workers and self-employed calculate taxes, fill out new Form W-4
The Internal Revenue Service is encouraging taxpayers to take control of the size of their refund using the Tax Withholding Estimator on IRS.gov. This news release is part of a series, the Tax Time Guide, with information to help taxpayers.
Tax Withholding Estimator
IR-2020-45, February 28, 2020
Tax Time Guide: IRS.gov’s ‘Where’s My Refund?’ tool is fastest, easiest way to check on tax refunds
The Internal Revenue Service is reminding taxpayers that the best way to check their refund is by using the “Where’s My Refund?” tool at IRS.gov or through the IRS2Go Mobile App.
Where's My Refund?
Journal of Accountancy News
The Coronavirus Aid, Relief, and Economic Security (CARES) Act, H.R. 748
March 25, 2020, Updated March 27, 2020
CARES Act tax provisions aim to stabilize pandemic-ravaged economy
Today the U.S. Treasury Department, Internal Revenue Service (IRS), and the U.S. Department of Labor (Labor) announced that small and midsize employers can begin taking advantage of two new refundable payroll tax credits, designed to immediately and fully reimburse them, dollar-for-dollar, for the cost of providing Coronavirus-related leave to their employees. This relief to employees and small and midsize businesses is provided under the Families First Coronavirus Response Act (Act), signed by President Trump on March 18, 2020.
Read more.
IRS Notices and News
Notice 2020-18
IRS Filing & Payment Deadlines
Frequently Asked Questions & Answers
The Treasury Department and the Internal Revenue Service (IRS) announced special Federal income tax return filing and payment relief in response to the ongoing Coronavirus Disease 2019 (COVID-19) emergency.
The IRS site provides answers to frequently asked questions related to the relief provided in the Notice. These will be updated periodically and are designed to be a flexible tool to communicate information to taxpayers and tax professionals in this changing environment.
Click to view IRS FAQs.
IR-2020-59, March 25, 2020
IRS unveils new People First Initiative; COVID-19 effort temporarily adjusts, suspends key compliance program
To help people facing the challenges of COVID-19 issues, the Internal Revenue Service announced today a sweeping series of steps to assist taxpayers by providing relief on a variety of issues ranging from easing payment guidelines to postponing compliance actions.
Read more.
IR-2020-58, March 21, 2020
Tax Day now July 15: Treasury, IRS extend filing deadline and federal tax payments regardless of amount owed
The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020.
Read more.
IR-2020-57, March 20, 2020
Treasury, IRS and Labor announce plan to implement Coronavirus-related paid leave for workers and tax credits for small and midsize businesses to swiftly recover the cost of providing Coronavirus-related leave
Today the U.S. Treasury Department, Internal Revenue Service (IRS), and the U.S. Department of Labor (Labor) announced that small and midsize employers can begin taking advantage of two new refundable payroll tax credits, designed to immediately and fully reimburse them, dollar-for-dollar, for the cost of providing Coronavirus-related leave to their employees. This relief to employees and small and midsize businesses is provided under the Families First Coronavirus Response Act (Act), signed by President Trump on March 18, 2020.
Read more.
