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Our carefully crafted blogs offer valuable insights and guidance on taxes, accounting, finance, and beyond. Stay informed with expert advice designed to help you navigate the financial world with confidence. 

The Internal Revenue Service today unveiled the new Get My Payment with features to let taxpayers check on their Economic Impact Payment date and update direct deposit information.
With an initial round of more than 80 million Economic Impact Payments starting to hit bank accounts over the weekend and throughout this week, this new tool will help address key common questions. Get My Payment will show the projected date when a deposit has been scheduled, similar to the “Where’s My Refund tool” many taxpayers are already familiar with.

 
Last month, the IRS announced that taxpayers have until July 15, 2020, to file and pay federal income taxes originally due on April 15. No late-filing penalty, late-payment penalty or interest will be due.

 
The IRS will help Americans track their stimulus payments with a new tool called "Get My Payment" it expects to launch by April 17.
According to the IRS, the first of the checks were sent out on Saturday.

 
The Ohio individual income tax and school district income tax returns, payments and estimated payments with due dates from April 15, 2020 through June 15, 2020, have been extended to July 15, 2020.
If you scheduled a payment when you electronically filed the 2019 Ohio IT 1040 return, the payment (including any first two 2020 estimated payments) will be processed on the date you originally chose, and will NOT be automatically rescheduled to July 15, 2020. 

The Ohio Bureau of Workers' Compensation’s Board of Directors today approved to send up to $1.6 billion to Ohio employers this spring to ease the economic impact of the coronavirus (COVID-19) pandemic.
The Board met in a virtual emergency session this morning in response to Ohio Governor Mike DeWine’s call for state agencies to do all they can to help the state’s business community withstand COVID-19’s challenges.