The latest information on the federal declared national emergency & your money!

• The IRS is delaying all federal tax filing & payment requirements until July 19, 2020

• The Illinois Department of Revenue is suspending all tax filing & payment requirements until July 15, 2020 www2.illinois.gov/rev/research/publications/bulletins/Documents/2020/FY2020-24.pdf; in addition, they are delaying all license renewal requirements until then, as well (90 days).

• Federal stimulus checks will pay each taxpayer $1,200 & $500 for each child; however, you must have filed your 2018 or 2019 tax return to receive this benefit. In addition, if you don't have direct deposit on file, your check could take up to 5 - 6 months to be received by post mail.

• The U.S. Department of Education will forebear any federal student loan for 60 days with no additional penalties & interest accrued. Note: You must be proactive & call your loan provider & request this..., it is not automatic. Go to www.ed.gov/ for more info. & the latest updates

• The City of Chicago is suspending all collection activity for tickets, boot enforcement, drivers license suspension, & utility bill payment with all associated penalties & interest until April 30, 2020. For more info. go to www.chicago.gov/city/en.html

• If your employment/income was effected, or you believe it will be affected because of the Coronavirus (covid-19) in an adverse way then go to your local state unemployment office for benefit info. www.2illinois.gov/ides/pages/default.aspx

• If your nutrition is suffering due to the Coronavirus (covid-19) or other financial factors then go to your local, state family & human services branch to apply for their supplemental nutrition assistance program (Ex. SNAP) www.ABE.illinois.gov

• To learn how to protect yourself & your loved ones from the Coronavirus (covid-19), go to www.cdc.gov/ for more info.

Sincerely,

Ashley Thomas, EA

For more helpful information that teaches you how to protect your money, go to TAX TIPS or MY BLOG.

For tax consultations, tax preparations, or tax debt resolutions go to my SERVICES or contact us by the information below. Thank you.

• Ashley@SolidTaxServices.com - email

• (773)619-9572 - phone number

#Governmentfinancialrelief #Protectyourmoney #Governmentbenefits #consultation #Beverly #Chicago #taxpreparation #taxdebtresolution #taxconsultations