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IRS plans to issue unemployment refunds. The Internal Revenue Service said Wednesday it plans to take steps to automatically refund money starting in May and continuing through the summer to taxpayers who filed tax returns reporting unemployment compensation prior to recent changes under the American Rescue Plan.

https://www.fema.gov//coronav/economic/funeral-assistance

Andrea meets every client outside and helps them sign their tax return. We appreciate her dedication.

IRS to Handle Unemployment Returns, Don't Amend Returns filed with unemployment benefits prior to the $10,200 exclusion should not be amended. The IRS has indicated it will refigure taxes on these returns and adjust the taxpayer's account accordingly. The IRS will then send any refund amount directly to the taxpayer. The IRS has not yet communicated a timeline for making adjustments and sending refunds.

The IRS is moving to issue refunds for Americans who paid taxes on $10,200 in unemployment benefits last year.

The IRS is going to start processing tax returns on Feb 12. Drop your taxes in our box in front of the office and we will have them done and ready. New this year: Up to a $300. charity donation deduction and we need to know both stimulus check amounts. Stimulus $ not taxable. We need to fill out a form to see if we can get you more money.

The Internal Revenue Service announced that tax season will start on Friday, February 12, 2021, when the IRS will begin accepting and processing 2020 tax year returns.

NEW for 2020 taxes: A $300 above-the-line charitable contribution deduction is now available for taxpayers who don’t itemize deductions.

The IRS says it is sending out some 8 million second-round Economic Impact Payments (EIPs) by prepaid debit card.

Getting ready for taxes Taxpayers may be able to claim the recovery rebate credit if they met the eligibility requirements in 2020 and one of the following applies to them: ... They didn't receive an Economic Impact Payment in 2020, They are single and their EIP payment was less than $1,200, They are married, filed jointly for 2018 or 2019 and their payment was less than $2,400, and/or They didn’t receive $500 for each qualifying child.