Press Releases
By COVID19 TAX TIP 2020-63 SUBMITTED BY FILOMENA MEALY
May 27, 2020
Under the Families First Coronavirus Response Act, employers can grant paid leave for an employee to take care of their health needs related to COVID-19 or to care for their family members. This relief helps ensure employees are not forced to choose between being paid or staying home to care for ...
Grant applications for the second round of funding from the COVID-19 Response Fund for Cattaraugus County will be available beginning Monday. The Cattaraugus Region Community Foundation, Dr. Lyle F. Renodin Foundation and the United Way of Cattaraugus County together worked to establish the ...
WASHINGTON — The Internal Revenue Service reminds taxpayers today about several online tools available to help them get the tax information they need as the IRS has limited operations due to the coronavirus. More taxpayers are using IRS.gov than ever before; as of May 8, the agency’s website ...
The Upper Allegheny Health System Board of Directors recently elected four new board members. Shabir Bhayani, M.D., David Ferguson, David Price and Gilbert Witte, M.D., will each serve full three-year terms. UAHS is the parent organization of Olean General Hospital and Bradford Regional ...
Graduation season is upon us and that means celebrating your graduate’s accomplishments and honors. TAPinto Milestones gives you an easy and affordable way to honor your graduate. You can submit a note of congratulations, highlight achievements and submit photos. Your Milestone post will be ...
WASHINGTON – Today, the Internal Revenue Service is starting to add 3,500 telephone representatives to answer some of the most common questions about Economic Impact Payments. IRS telephone assistance and other services will remain limited, and answers for most of the common questions related to ...
WASHINGTON — This week, Treasury and the IRS are starting to send nearly 4 million Economic Impact Payments (EIPs) by prepaid debit card, instead of by paper check. EIP Card recipients can make purchases, get cash from in-network ATMs, and transfer funds to their personal bank account without ...
Area service clubs together raised $6,075 for the COVID-19 Response Fund for Cattaraugus County during the Service Above Self Challenge, exceeding the $5,000 goal and challenge grant offered by the Cattaraugus Region Community Foundation. The challenge, which began May 1, encouraged donations ...
The Internal Revenue Service today released guidance to allow temporary changes to section 125 cafeteria plans. These changes extend the claims period for health flexible spending arrangements (FSAs) and dependent care assistance programs and allow taxpayers to make mid-year changes. The ...
IRS.gov has answers to many questions people may have about their Economic Impact Payment. Here are answers to some of the top questions people are asking about these payments. Is this payment considered taxable income? No, the payment is not income and taxpayers will not owe tax on it. The ...
PENN YAN, NY — Democrat Tracy Mitrano took aim at her opponent’s handling of the coronavirus outbreak today, charging Rep. Tom Reed (R-NY23) with politicizing “a matter of life and death.” Mitrano zeroed in on Reed’s criticism of Governor Andrew Cuomo’s COVID-19 management practices.
WASHINGTON –The Treasury Department and the Internal Revenue Service today released updated state-by-state figures for Economic Impact Payments, with approximately 130 million individuals receiving payments worth more than $200 billion in the program’s first four weeks. “We are working hard to ...
WASHINGTON −The IRS and Treasury have successfully delivered nearly 130 million Economic Impact Payments to Americans in less than a month, and more are on the way. Some Americans may have received a payment amount different than what they expected. Payment amounts vary based on income, filing ...
The Allegany-Cattaraugus-Chautauqua Fund for Women (ACC FFW) is excited to announce our 3rd annual Mother’s Day campaign. As we prepare to award five individual grants in 2020, we are seeking support to continue expanding our reach, since there is much more work to be done. Our vision is to be a ...
The Allegheny Highlands Council, BSA, which serves Scouts in a five-county region on the New York-Pennsylvania border, voted in April to suspend council-sponsored in-person events and activities at its two camps for most of the 2020 summer season, out of concern for the health and safety of both ...
WASHINGTON – With a variety of steps underway to speed Economic Impact Payments, the Treasury Department and the Internal Revenue Service urged people to use Get My Payment by noon Wednesday, May 13, for a chance to get a quicker delivery. The IRS, working in partnership with Treasury Department ...
ST. BONAVENTURE, NY— Area veterans have joined forces to assist other veterans in Cattaraugus and Allegany counties in these uncertain times. St. Bonaventure University’s Office of Veterans Services has teamed up with the PFC Joseph P. Dwyer Veteran Peer Support Program on the Food4Vets ...
The federal income tax filing deadline has been extended to July 15. Taxpayers also have until July 15 to make any federal income tax payments that were originally due on April 15, without penalties and interest, regardless of the amount they owe. This extension applies to all taxpayers. There’s ...
The Internal Revenue Service today reminds employers affected by COVID-19 about three important new credits available to them. Employee Retention Credit: The employee retention credit is designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of ...
OLEAN, NY — Area service clubs will be engaging in friendly competition to give back through the Service Above Self Challenge to raise funds for the COVID-19 Response Fund for Cattaraugus County. The challenge, which began May 1, will join the Allegany American Legion, Olean Rotary Club, ...
WASHINGTON –The Treasury Department and the Internal Revenue Service today released state-by-state figures for Economic Impact Payments, with 88 million individuals receiving payments worth nearly $158 billion in the program’s first three weeks. As of April 17, the IRS issued 88.1 million ...
WASHINGTON — The Internal Revenue Service today announced significant enhancements to the “Get My Payment” tool to deliver an improved and smoother experience for Americans eligible to receive Economic Impact Payments. The enhancements, which started last week and continued through the weekend, ...
WASHINGTON – The Internal Revenue Service today issued a special alert for Supplemental Security Income and Department of Veterans Affairs beneficiaries to act by May 5 if they didn’t file a tax return in 2018 or 2019 and have dependents so they can quickly receive the full amount of their Economic ...
The IRS is issuing Economic Impact Payments. These payments are being issued automatically for most individuals. However, some people who don't usually file a tax return will need to submit basic information to the IRS to receive their payment. Questions? The IRS is regularly updating the ...
WASHINGTON – The Internal Revenue Service today issued a special alert for several groups of federal benefit recipients to act by this Wednesday, April 22, if they didn’t file a tax return in 2018 or 2019 and have dependents so they can quickly receive the full amount of their Economic Impact ...
Twelve nonprofits assisting Cattaraugus County residents impacted by the COVID-19 pandemic have received a total of $27,000 in grants from the COVID-19 Response Fund for Cattaraugus County to help them provide for the basic needs of the county’s most vulnerable populations. Funding from the ...
The Internal Revenue Service, working in partnership with the Treasury Department and the Social Security Administration, announced today that recipients of Supplemental Security Income (SSI) will automatically receive automatic Economic Impact Payments. SSI recipients will receive a $1,200 ...
The Internal Revenue Service, working in partnership with the Treasury Department and the Department of Veterans Affairs, announced today that recipients of VA benefits will automatically receive automatic Economic Impact Payments. Veterans and their beneficiaries who receive Compensation and ...
The Internal Revenue Service today reported a record increase in the use of Free File products for entering and filing federal income taxes and reminded taxpayers that they should go through IRS.gov to ensure they get the free offers they are due. As of April 10, the IRS has received 2.9 million ...
The Internal Revenue Service today reminds taxpayers and tax professionals to use electronic options to support social distancing and speed the processing of tax returns, refunds and payments. To protect the public and employees, and in compliance with orders of local health authorities around ...