IRS extends Economic Impact Payment deadline to Nov. 21

The Internal Revenue Service has extended the deadline to register for an Economic Impact Payment (EIP) to November 21, 2020. This new date will provide an additional five weeks beyond the original deadline. Special note: This additional time into November is solely for those who have not received their EIP and don’t normally file a tax

How to use your Economic Impact Payment (EIP) prepaid debit card without paying fees

If you recently received an Economic Impact Payment prepaid debit card from the government in the mail, this is money for you under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Do not throw this card away. You will need this card to access your Economic Impact Payment. You must first activate your card by

Safe Financial Measures to Take During COVID-19

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

2020 Money Smart Resource Guides – FREE Download

Every year, Bank On Greater Milwaukee updates and publishes the Money Smart Resource Guide for Milwaukee-area residents and service providers. The guide is available in English and Spanish and full versions can be downloaded below. If you would like to request hard copies of either or both guides, contact Bank On Greater Milwaukee Program Manager,

Coronavirus-related scams; watch out for schemes tied to Economic Impact Payments

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

If you don’t usually file a tax return, submit your information here to get the Economic Impact Payment

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 accounts offer secure place to deposit and manage EIP payments, unemployment, and tax refunds

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