That’s The Spirit! Taxx Guy To The FAQ Questions Rescue! (You know I always ‘got a guy’ or ‘got a girl’!) A lot of people are freaking out about money and everybody has a money question about the “Cares Act” as to how it relates to them. Especially individuals and small business owners. I asked Taxxguy Inc Mark Glazewski to join me 11:20am EST today on The Debbie Nigro Show 1490 WGCH to share his answers to questions his clients, friends and family are asking him. Below are his most Frequently Asked Questions:
What is the “Recovery Rebate”?
What if I did not file a 2018 or 2019 return?
What if I cannot file my 2018 or 2019 fast enough for the IRS to reference my income?
How much can I expect?
How long will it take?
The last time I filed a return the IRS took my refund because I owed, will I still get this rebate check?
I heard that there are some modifications with mandated retirement plans distributions, what are they?
I need to access my retirement account money to live, will I need to pay the 10% penalty for early withdrawals?
Are the loans that my 401K or 403B or other qualified retirement plans offer impacted?
I am currently on a payment plan with the IRS, any relief for me?
TaxxGuy continues to operate remotely, as usual. If you have any questions or concerns, as a favor to my audience, Mark says please do not hesitate to reach out to him.
The Debbie Nigro Show listeners get a free 30-minute telephone consult pertaining to the “Cares Act”.
Just make an appointment through Marks website below.
Mark Glazewski
914-293-7697
mark@taxxguy.com
www.taxxguy.com
Mark added this Disclaimer:
This is meant as general information and is based on my understanding of a brand new law that will be examined and clarified in the weeks and months ahead.
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