People who receive Supplemental Security Income will automatically get economic impact payments from the federal government in response to the novel coronavirus pandemic.
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IRS Watch
April 22, 2020
Upcoming Events April 22, 2020
SSI recipients to receive automatic stimulus payments for coronavirus
By Michael Cohn      4 min read
People who receive Supplemental Security Income will automatically get economic impact payments from the federal government in response to the novel coronavirus pandemic.
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IRS introduces tool for taxpayers to track stimulus payments
By Danielle Lee     3 min read
The Internal Revenue Service announced new tool Get My Payment, enabling taxpayers to check on their Economic Impact Payment date and update direct deposit information.
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Coronavirus payments hit glitches
By Laura Davison     4 min read
In some cases, problems with the IRS payments may be due to tax preparers.
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Veterans set to receive automatic coronavirus stimulus payments
By Michael Cohn     2 min read
The Treasury Department and the Internal Revenue Service are partnering with the U.S. Department of Veterans Affairs to deliver economic impact payments automatically to veterans and their beneficiaries, without filling out extra forms, in response to the COVID-19 pandemic.
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IRS hits the brakes on collections in response to the coronavirus
By Roger Russell     3 min read
To help taxpayers struggling with the pandemic, the service will suspend most collection activities.
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IRS urges quick action to register children for $500 coronavirus payment by Wednesday
By Michael Cohn     4 min read
Recipients of Social Security benefits, as well as railroad retirement and veterans benefits recipients, will need to act fast.
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Lease accounting fallout from COVID-19
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Proposal would cut PTIN fees more than a third
By Jeff Stimpson     1 min read
The IRS is suggesting a drop in cost from $33 to $21.
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Senate Democrats denounce $195B tax break in coronavirus relief package
By Michael Cohn     3 min read
Two Senate Democrats are criticizing a little-known provision of the CARES Act stimulus package that would provide a tax break mostly to wealthy taxpayers, suspending excess business losses for prior tax years.
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