In this week’s Wednesday episode (May 13, 2020) of the Town of Plymouth’s “COVID-19 Daily Update,” Heather Cozby reported that the Massachusetts Department of Unemployment is now texting applicants. If you've been waiting for a callback on your application, pay attention to your texts. They may appear at first to be a scam, but could be [...]
This article was published by the IRS. The IRS and Treasury have successfully delivered nearly 130 million Economic Impact Payments to Americans in less than a month, and more are on the way. Some Americans may have received a payment amount different than what they expected. Payment amounts vary based on income, filing status and family [...]
In this week’s Wednesday episode (May 6, 2020) of the Town of Plymouth’s “COVID-19 Daily Update,” Heather Cozby gave an update on the status of debt forgiveness for the PPP loans, which were not intended to be considered taxable income. This week the IRS confirmed that while the loan forgiveness itself is not taxable income, any [...]
In this week’s Wednesday episode (April 29, 2020) of the Town of Plymouth’s “COVID-19 Daily Update,” Heather Cozby gave an encouraging update: over the last week, she's seen money flowing through all the program channels, including stimulus payments, federal unemployment payments, PPP funds, and economic injury disaster loans. Individuals and businesses may not be notified when [...]
This article was published by the IRS. To help millions of people, the Treasury Department and the Internal Revenue Service have launched a new web tool allowing quick registration for Economic Impact Payments for those who don’t normally file a tax return. The non-filer tool, developed in partnership between the IRS and the Free File Alliance, [...]
