Due to COVID-19 Coronavirus spread's impact on economy U.S. residents will receive the Economic Impact Payment (also called Stimulus Checks) of $1,200 for individual or head of household filers, and $2,400 for married filing jointly if they are not a dependent of another taxpayer with a work eligible Social Security number. Parents also get [...] Read more

Last Updated: March 21, 2020 As of March 20, 2020, the Treasury Department and Internal Revenue Service announced  that the federal income tax filing due date is automatically extended from April 15, 2020 to July 15, 2020 giving certain taxpayers and businesses an additional 90 days to file and pay their 2019 tax liability. [...] Read more