Tax Blog

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Six States Could Tax Economic Impact Payments

Six States Could Tax Economic Impact Payments

The Economic Impact Payment (EIP) program designed to ease the shock of halted employment during the coronavirus-related isolation period could experience some unexpected loopholes.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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EIP Alert: May 5 Deadline for SSI and VA Beneficiaries with Dependents

EIP Alert: May 5 Deadline for SSI and VA Beneficiaries with Dependents

While non-filers receiving Supplemental Security Income (SSI) and Veterans Affairs (VA) benefits are scheduled to automatically get a $1,200 Economic Impact Payment, the IRS says beneficiaries need to report qualifying dependents before May 5, 2020, to receive an additional $500 per qualifying child with their EIP.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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