Taxpayers have a variety of options to consider when paying federal taxes. IRS Direct Pay allows individuals to securely pay from their checking or savings accounts for free, and to schedule payments up to 365 days in advance. For taxpayers who cannot pay in full, the IRS encourages them to pay what they can and consider […]
Individual Provisions – Coronavirus Aid
Individual Provisions Coronavirus Aid, Relief and Economic Security (CARES) Act. In response to the economic harm that the COVID19 virus has caused, Congress passed the Coronavirus Aid, Relief and Economic Security (CARES) Act of 2020. The Act provides an estimated $2 trillion in assistance, including almost $500 billion in individual rebate checks. Another $500 billion […]
Ideas to Help Pay Bills During Tough Times
You’re not alone in trying to navigate the financial uncertainty during the coronavirus pandemic. 10 million+ American workers who lost their paycheck because of COVID-19 need to find creative ways to pay bills. Here are 6 ways to get cash to help pay for your monthly expenses: Apply for state unemployment benefits. Recent federal legislation […]