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Stimulus check update: When will plus up COVID payments arrive?

The IRS is sending stimulus checks on a weekly basis now. Some Americans are eligible for plus-up payments from the agency, which will correct any changes to money that they are owed based on their 2020 tax returns. Many people are rushing to get their returns done so they can qualify for the latest stimulus aid, and they have questions like: Is it best to file now? Can I still file my return to qualify for a third stimulus check? When will I get a plus-up payment?  Taxpayers are also grappling with questions on everything from unemployment waivers to child tax credits. And others want to know when they need to pay their state taxes, or if they face refund delays. 

How to Find a Reputable Tax Preparer Near You

How to Find a Reputable Tax Preparer Near You © (Getty Images) Group of business person in discussion in the office You may need more help than usual with your tax return this year, especially if you did some freelance work, started a business, lost your job, received unemployment benefits or qualified for different tax deductions. You can use tax software or an online program, and if your adjusted gross income was $72,000 or less in 2020 you can file your federal income taxes through the IRS Free File program, where the IRS partners with several online tax preparation companies. But you may want personalized assistance when filing your return this year. A tax expert can make sure you get all of the tax breaks you deserve, especially in a year where your tax situation may be very different than it had been in the past. Many tax professionals can also help you with tax planning that can save you money in the future.

New York is raising taxes for millionaires Will other states follow?

New York is raising taxes for millionaires. Will other states follow? CNBC 7 hrs ago Carmen Reinicke © Provided by CNBC New York Governor Andrew Cuomo speaks at Rochdale Village Community Center in Queens, New York, on April 5, 2021. The highest-earning New Yorkers are about to be hit with a tax hike. The New York state Senate and Assembly late Wednesday passed a $212 billion budget proposal after lawmakers reached a deal with Democratic Gov. Andrew Cuomo. The measure raises taxes on the wealthiest New Yorkers and corporations to generate more than $4 billion in revenue. It also legalizes mobile sports betting, adding another $99 million in revenue for this fiscal year and up to $500 million annually going forward, according to lawmakers.

Jackson Hewitt® Offers Multiple Ways to File Before the New Federal Tax Deadline

Jackson Hewitt® Offers Multiple Ways to File Before the New Federal Tax Deadline Jackson Hewitt locations remain open to help taxpayers prepare their 2020 tax returns News provided by Share this article Share this article JERSEY CITY, N.J., April 7, 2021 /PRNewswire/ Taxpayers now have just over a month to file their 2020 tax returns because of the tax deadline extension to May 17, 2021. Jackson Hewitt Tax Pros are prepared to help hardworking taxpayers prepare their tax returns through the extension of tax season. 2020 was a challenging year that made 2020 tax returns particularly complicated, and Jackson Hewitt s many ways to file give taxpayers the options they need through the tax deadline extension . 

Jackson Hewitt® Offers Multiple Ways to File Before the New Federal Tax Deadline

Jackson Hewitt® Offers Multiple Ways to File Before the New Federal Tax Deadline
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