August 03, 2020
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From the US Treasury Press Release:
Social Security Recipients Will Automatically Receive Economic Impact Payments
April 1, 2020
WASHINGTON – The U.S. Department of the Treasury and the Internal Revenue Service today announced that Social Security beneficiaries who are not typically required to file tax returns will not need to file an abbreviated tax return to receive an Economic Impact Payment. Instead, payments will be automatically deposited into their bank accounts.
“We want to ensure that our senior citizens, individuals with disabilities, and low-income Americans receive Economic Impact Payments quickly and without undue burden,” said Secretary Steven T. Mnuchin. “Social Security recipients who are not typically required to file a tax return need to take no action, and will receive their payment directly to their bank account.”
The IRS will use the information on the Form SSA-1099 and Form RRB-1099 to generate $1,200 Economic Impact Payments to Social Security recipients who did not file tax returns in 2018 or 2019. Recipients will receive these payments as a direct deposit or by paper check, just as they would normally receive their benefits.
March 20, 2020
FEDERAL TAX FILING DEADLINE EXTENDED TO JULY 15
US Treasury Secretary Steven Mnuchin has announced that the tax filing deadline will be moved from April 15 to July 15. All taxpayers and businesses will have additional time to file and make payments without interest and penalties.
At this time, we do not know if all states and local governments will conform to the July 15th extended deadline. We will continue to share information as it becomes available.
OFFICE CLOSED UNTIL FURTHER NOTICE
In an effort to mitigate the spread of Coronavirus Disease 2019 (COVID-19) Pennsylvania Gov. Tom Wolf ordered state-wide closing of all non-essential physical business locations, effective at 8:00 PM last night
Accounting and tax preparation services where specifically identified among those categorized as non-essential. As such, our office is closed until further notice
We do have secure electronic communication, document sharing and payment options available to keep tax preparation and filing moving along
Please contact our office at 717-227-9335 for details on these alternatives
Please stay healthy and safe!
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