Below are the top ways to keep your money safe if you have been financially affected by COVID-19. Get In Control of Your Bills Contact your financial institutions. They may cancel late fees or allow you to delay making payments without penalty. Ask for written confirmation of any agreement(s) you negotiate. Contact your financial institution
Don’t fall prey to Coronavirus tricks; retirees among potential targets The IRS and its Criminal Investigation Division have seen a wave of new and evolving phishing schemes against taxpayers. In most cases, the IRS will deposit economic impact payments into the direct deposit account listed on previously provided on tax returns. If the IRS does
The US Treasury and the IRS have launched a new tool to help people who don’t normally file their taxes get their Economic Impact Payments.*NOTE: this feature is available only on IRS.gov. How do I use the Non-Filers: Enter Payment Info tool? Visit www.IRS.gov and click on ‘Non-filers: Enter Payment Info Here‘ or click here to access.
Bank On Greater Milwaukee is encouraging Milwaukee-area residents to open a Bank On certified account to have a safe place to deposit economic impact payments, unemployment incomes and tax refunds. Account holders can access mobile banking, direct deposit, bill pay, ATM’s and more through area banks and credit unions they are already familiar with. See
NOTE – ALL VITA SITES ARE CURRENTLY CLOSED TO THE PUBLIC. However, the IRS filing deadline has been extended to July 15, 2020. There are three organizations in the Greater Milwaukee area that operate VITA sites where qualified individuals can can receive free help with filling out and filing their personal incomes taxes. The VITA
The CFE Fund’s Bank ON National Account Standards provide local programs with a benchmark for account partnerships with financial institutions, and include both core and recommended features.