Topic
Economic Impact Payment
27 published works
Data Privacy + Cybersecurity Insider
Privacy Tip #304 – Scammers Impersonating IRS Employees with Economic Impact Payment Scheme
This week, the Federal Trade Commission (FTC) issued a Scam Alert to consumers notifying them that scammers are impersonating employees of the IRS promising a third Economic Impact Payment if…
Consumer Finance Monitor
This week’s podcast: Protection of economic impact payments (EIPs) from garnishment by creditors: what are the issues now facing financial institutions?
With the U.S. Treasury Department now completing the process of issuing the third round of EIPs, financial institutions must navigate a maze of federal and state garnishment protections. After looking…
Connecticut State & Local Tax Alert
Tax and Employee Benefits Provisions in the American Rescue Plan Act of 2021
By Ray Casella, Richard I. Cohen, Kelly Smith Hathorn, Louis B. Schatz, Elva M. Saltzman
On March 11, 2021, President Biden signed into law the American Rescue Plan of 2021 (“ARPA”). This Alert will summarize the significant tax and employee benefit provisions that are contained…
Data Privacy + Cybersecurity Insider
FinCEN Alerts Banks to Pandemic Relief Payment Fraud
The Financial Crimes Enforcement Network (FinCEN) recently issued an advisory to banks that outlined fourteen red flag indicators to be on the lookout for (and report) related to pandemic related…
Special Needs Companies Blog
President Biden Issues Executive Order to Help Those Who Don’t File Taxes Obtain Relief Payments
As many as eight million eligible citizens may not have received their second Covid relief checks, primarily because their income is so low that they have not been required to file tax…
Tax Controversy Report
IRS Restricts Levy Actions Involving EIP or PPP Funds
In recognition of the continuing economic hardship caused by the COVID-19 pandemic, the Internal Revenue Service is easing its collection activities to avoid the seizure of bank accounts containing either…
21st Century Taxation
We Need More Tax Policy Discussion
We have a few proposed changes under consideration that very much need a deep policy discussion rather than only a cost estimate and a general like or dislike. Here are…
Consumer Finance Monitor
New COVID-19 Economic Relief Legislation Provides Exemption for Economic Impact Payments from Garnishment by Private Creditors and Debt Collectors
On December 21, Congress overwhelmingly passed a consolidated bill (H.R. 133) that contains $1.4 trillion in appropriations to keep the federal government funded until October 2021 and $900 billion in…
Webb & Morton PLLC Blog
Alert: Economic Impact Payment Scams
By Jason Morton
Helping taxpayers is a core priority at Webb & Morton. We want taxpayers to avoid harm. To that end, please be aware of “scammers” who promote false information about Coronavirus…
NY Disability Law Blog
Extended IRS Deadline for Economic Impact Payments
IRS Extends Deadline to Ensure People with Children Receive $500 Economic Impact Payments The extended deadline is fast approaching and applies to people who: Receive Social Security retirement, survivors, or…