Who will or will not receive the stimulus payment? Who is eligible for the stimulus payment, and how much can I expect? Taxpayers who adjusted gross income (AGI) is less than $75,000 ($150,000 married filing joint). In addition, the payment is phased out for those earning more than $75,000 and up to $99,000 for single filers and from $150,000 to $198,000 for married couples. Taxpayers can expect to receive $1,200 for individuals and $500 per
Here are a few financial resources to help you during this time. Tax Deadlines Please note the tax deadline and payments is now July 15, 2020. This applies to all tax returns due on April 15, which includes trusts, corporations, and individual tax returns. During this time, interest and penalties will not accrue. Also, please note that this is an automatic extension, and taxpayers do not need to take any action. However, if you need
You received the letter many dread. The Internal Revenue Service (IRS) has requested to audit your tax return. It could be for many different reasons. Maybe your income on your tax return did not match the amount reported to the IRS or your expenses seem to be a bit questionable. If so, you could be the lucky winner of a full IRS audit!! No matter what reason the IRS decides to come knocking, one thing
Please note, planners will ship out on 4/16/2020! https://kemberley.com/wp-content/uploads/2019/07/5-tax-deductions-to-boost-your-refund-kemcents.mp4 Do you have your financial information in one place? Will loved ones know where to look in case of an emergency? Check out “My Financial Prep Planner” by @Kemcents!! Stay Organized!!! This planner will help you organize the following important financial information: Bank Accounts Savings Accounts Insurance Documents Beneficiaries Loans and Credit Cards And More!!!
Download the 2019 Tax Organizer