Is COVID Slowing Down the IRS?

Is COVID affecting your tax return or Economic Impact Payment? 

Although the IRS is open, some of their services have been slowed down by COVID, including: 

• Telephone support
• Paper tax returns
• Responding to mail
• Reviewing tax returns

If you’re wondering about the status of your Economic Impact Payment (otherwise known as the stimulus check) or your 2020 tax return, you can check your status on the IRS website. The website can help you figure out your status, type of payment, and if you meet the requirements to receive the stimulus check. 

Visit our website to learn more about the latest stimulus package.

How Does the Latest Stimulus Affect Your Family?

On March 11, the American Rescue Plan Act of 2021 was signed into law promising some economic relief to millions of Americans affected by the COVID pandemic. 

In addition to providing funding for a vaccination program, to help schools reopen, and to aid state and local government workers, among other provisions, the new package provides three ways for Americans to receive direct financial assistance from the government. 

Are you wondering how the Act will affect your family? Visit our website for more information.

What's New for 2021 Small Business Taxes?

The COVID pandemic seems to have reached every area of our lives, from work, to school, to socializing, and yes – taxes. In the best of times, taxes can be confusing. The unexpected changes for 2020 filing and the 2021 tax year can make them even more confusing. You don’t have to navigate those changes alone.  

Payroll, bookkeeping, and taxes are our specialty!

Amador Accounting specializes in tax preparation. If you have questions about the tax law changes that affect your 2020 filing or are concerned about the changes moving forward into 2021, contact Lisa Amador.

Visit our website!

Will COVID Affect Your 2021 Taxes?

It’s been a confusing time for most business owners. The pandemic changed our business processes so significantly that many small businesses are depending on assistance from the government to move forward. As we move into the second calendar year of the pandemic, pandemic relief is on every small business owner’s mind. And as we approach tax season, it seems there are more questions than ever.

There have been many tax changes in response to the COVID pandemic. If you’re unsure how they affect your business, you’re not alone. And you don’t have to be! If you have questions, Amador Accounting probably has solutions.

Learn more on our website!

COVID Slowed Down the IRS! Amador Accounting Can Help

COVID-19 has affected the day-to-day operations of the IRS just as it’s affected our lives at a more personal level.

If you’re concerned about a paper payment, your tax return, or correspondence you mailed or received during this pandemic, you might be tempted to call the IRS immediately. We recommend you wait. Call volumes are very high right now as many others are in the same boat and are calling with their concerns. Rest assured that the IRS is working to get all the mail opened and processed, and all taxpayer accounts updated.

However, if you haven’t received your Economic Impact Payment (otherwise known as the stimulus check) you can check your status on the IRS Get My Payment web page. The web page can help you figure out your status, type of payment, and if you meet the requirements to receive the stimulus check. 

As the country moves forward into the new normal, the IRS will continue to assess and respond to the impact that COVID has on taxpayers and on the health and safety of its employees. 

If you have questions as you move forward, you can call Amador Accounting for help, at 734-330-0907. 

For more information, visit our website.