Financial Safety is an Important Part of Disaster Preparedness

This article was published by the IRS. Before a natural disaster strikes, taxpayers are encouraged to prepare, if possible. This includes developing evacuation plans, putting together kits of essential supplies and putting financial safety measures in place. To help protect their financial safety in a disaster situation, taxpayers should: Update emergency plans. A disaster can strike [...]

IRS Takes New Steps to Ensure People with Children Receive $500 Economic Impact Payments

This article was published by the IRS. The Internal Revenue Service continues to look for ways to help people who were unable to provide their information in time to receive Economic Impact Payments for their children. As part of that effort, the Internal Revenue Service is reopening the registration period for federal beneficiaries who didn't receive [...]

How Taxpayers can Troubleshoot Common After-Tax-Day Issues

This article was published by the IRS. While the deadline to file and pay federal income taxes has passed for most people, there are some taxpayers still facing tax-related issues. Here are some tips for taxpayers handling some of the most common after-tax-day issues. Check the status of a refund. Taxpayers can check on their refund [...]

Tax Withholding Estimator Helps Retirees, Workers and Self-Employed Calculate Taxes, Fill Out New Form W-4

This article was published by the IRS. Taxpayers can take control of the size of their refund using the Tax Withholding Estimator on IRS.gov. The estimator has a "slider" feature to let users to choose the refund they want from a range of amounts based on the information they enter. The feature helps taxpayers set their [...]

Town of Plymouth’s “COVID-19 Daily Update” – June 29, 2020

In this week’s Monday episode (June 22, 2020) of the Town of Plymouth’s “COVID-19 Daily Update,” Heather reported that the IRS approved some relief last week. If you were 70 1/2 in 2019 and were required to take distributions from a retirement plan like a 401(k) or IRA, the question has been what would happen if [...]