Soesbe Financial

Understanding your cost basis can be very useful.

Identity theft via phishing has grown steadily in the last few years, and has now exploded due to the pandemic restrictions and the rise of online interactions. Here are some fast, easy and very useful things you can do to protect yourself starting right now!

Top national credit reporting agencies, Equifax, Experian and Transunion, are offering consumers free weekly credit reports through April 2021. To get your free report, go to annualcreditreport.com, the only officially sanctioned site for this.

Identity and credit thieves are taking advantage of the confusion during Covid-19 to target consumers in astronomical numbers. There are a few things you can do to protect yourself, including taking advantage of the new relaxed credit check rules that allow you to check your credit weekly for free.

Forbes has put together an excellent guide to state-by-state tax filing and payment deadlines. We encourage all our Soesbe Financial clients, as well as the general taxpaying population, to file their taxes sooner rather than later, to ensure that any refunds you are owed can be disbursed in a timely manner.

Even though the stimulus bill has barely passed, scammers have started calling folks up, trying to get them to divulge confidential information such as bank accounts, social security numbers, and so forth. DON’T FALL FOR THEIR TRICKS. The IRS will never call, text or email asking for information.

As we all do our part to shelter in place during these crucial weeks, there are many among us who require assistance with obtaining necessary services and provisions.

Sheltering in place during this COVID-19 crisis does not need to be overly stressful with a little planning and some smart shopping. Here’s an excellent list of things for your quarantine preparedness plans

For a full list of services and resources still being made available to citizens, visit the IRS’s Coronavirus Tax Relief page at https://www.irs.gov/coronavirus

Tax Day now July 15: Treasury, IRS extend filing deadline and federal tax payments regardless of amount owed. Even though the tax filing deadline has been extended, if you are expecting a refund, the sooner you file, the sooner you will get your money back!

The government has pushed back the payment deadline to July 15th. It’s unclear whether existing interest and penalties up until April 15th will be waived. https://soesbefinancial.com/irs-deferred-payment-covid/