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New Covid Bill & First Two Stimulus Rebates

One Thing you should know is that if you received no Stimulus Rebate checks for the 1st round and 2nd round and/or you received a lower amount, you can possibly still receive those rebates.  The initial rebates were most likely generated based on your 2019 earnings and if your 2020 earnings are lower, this will allow you through the Recovery Rebate Credit to increase the amount of your rebate.

The new Covid bill which was just signed into law, will start a 3rd round of rebate checks and will be based on either your 2019 tax return or 2020 tax return.  This makes it very important for you to get your tax return filed for 2020 as soon as possible.

 

Photo of  Mt St. Helens

 The eruption of Mt. St. Helens on May 18th, 1980, was the most deadly volcanic eruption in US History.  Here is a picture I took several years back.  Prior to the eruption is was a beautiful coned shape mountain.

I am always available for your questions.  You can contact me by emailing or phoning:
Email: [email protected]
Phone: 541-515-6468

My new address for drop offs is:
2572 Spring Blvd.
Eugene, Oregon 97403-2523

Visit my website for more details on how I serve individuals, small and medium size businesses, and non-profits:  gurumukhcpa.com

Stay safe and well!

Kind Regards,
Gurumukh