Mraz Tax Solutions

Here is the IRS schedule for mailing out stimulus check payments. Lowest income taxpayers will receive their checks first. Less than $10,000: April 24 $10,001 - $20,000: May 1 $20,001 - $30,000: May 8... $30,001 - $40,000: May 15 $40,001 - $50,000: May 22 $50,001 - $60,000: May 29 $60,001 - $70,000: June 5 $70,001 - $80,000: June 12 $80,001 - $90,000: June 19 $90,001 - $100,000: June 26 $100,001 - $110,000: July 3 $110,001 - $120,000: July 10 $120,001 - $130,000: July 17 $130,001- $140,000: July 24 $140,001 - $150,000: July 31 $150,001 - $160,000: August 7 $160,001 - $170,000: August 14 $170,001 - $180,000: August 21 $180,001 - $190,000: August 28 $190,001 - $198,000: September 4 Remaining checks: September 11 https://www.forbes.com//2/04/21/stimulus-checks-schedule/

Some clarification on what the "Get My Payment" tool can and can not do. You can use it to add bank information if the IRS did not have any on file for you; or if you had authorized a withdrawal for payment of taxes in 18/19, and not for a deposit for a refund. You can not use it to change your banking info, if for example, the account they have on file for you has closed. To change banking info, taxpayer would have to file the 2019 return with the updated banking info.... https://www.irs.gov//treasury-irs-unveil-online-applicatio www.mraztax.com/contact-us Mraz Tax Solutions

A little information about Required Minimum Distributions (RMDs). If you are nearing 70.5 and are subject to RMDs please schedule a consultation!

An important message from IRS Commissioner Charles Rettig. https://www.youtube.com/watch?v=6tM29GuRx7s

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Great news for individuals whose portion of their stimulus check was diverted to pay their spouse's past-due child support. Those who submitted Form 8379, Injured Spouse Allocation, are due to be issued catch-up payments early to mid September. Individuals who did not file Form 8379 do not need to take any action. Although the IRS does not yet have a time frame it will automatically issue the portion of the economic impact payment that was applied to the other spouse's debt at a later date. https://www.irs.gov//irs-50000-spouses-to-get-catch-up-eco

Some clarification on what the "Get My Payment" tool can and can not do. You can use it to add bank information if the IRS did not have any on file for you; or if you had authorized a withdrawal for payment of taxes in 18/19, and not for a deposit for a refund. You can not use it to change your banking info, if for example, the account they have on file for you has closed. To change banking info, taxpayer would have to file the 2019 return with the updated banking info.... https://www.irs.gov//treasury-irs-unveil-online-applicatio www.mraztax.com/contact-us Mraz Tax Solutions

As of this morning, the SBA has changed the EIDL section of their website to this: Notice: Lapse in Appropriations SBA is unable to accept new applications at this time for the Economic Injury Disaster Loan (EIDL)-COVID-19 related assistance program (including EIDL Advances) based on available appropriations funding.... Applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis. Source: https://www.sba.gov/disaster-assistance/coronavirus-covid-19