Receive an Economic Impact Payment in Error?

Receive an Economic Impact Payment in Error?

If you received an Economic Impact Payment (aka: federal stimulus check) in error, you should return the payment as described below: If the payment was a paper check: Write “Void” in the endorsement section on the back of the check. Mail the voided...
CARES Act Changes To RMDs For 2020

CARES Act Changes To RMDs For 2020

2020 is a unique year as far as required minimum distributions (RMDs) are concerned. The CARES Act has suspended the requirement for most 2020 IRA distributions–including some 2019 distributions that you might have personally elected to delay until 2020. For our...
What’s Up At The IRS?

What’s Up At The IRS?

If you’ve tried contacting the IRS recently, you might have noticed a few things have changed. Here are a few highlights you may wish to be aware of: 1) 70,000+ IRS workers are trying to work remotely. This has resulted in the closure of most local offices,...