UPDATE ON STIMULUS PAYMENTS

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Dear clients and friends,

 
As you probably know, the CARES Act included stimulus payments to individuals - $1,200 per taxpayer and $500 per qualifying dependent. If the service has your banking information from previously filed tax returns, the payment has been, or will be, directly deposited to your bank account. If the service does not have your banking information, they will be mailing checks to eligible taxpayers.

 

 

Thank you, take care and be safe,

McCarthy Kaster Guerrero CPAs

mkgcpas.com
The above is taken from the McCarthy Kaster CPAs & Business Advisors newsletter which has been a great source of COVID19 financial information. I recommend anyone looking to keep up to date with the constantly changing financial tools associated with the current pandemic to visit their site and join their newsletter. - Jason Whaley, Vice President