Stimulus checks: IRS rolls out new website to help non-filing Tax Payers receive emergency payments

If you haven’t filed your 2018 or 2019 tax return and you’re worried about getting your stimulus check. The IRS and the Treasury Department has  created a portal for non-filers. Here’s what you need to know.

Who should use Non-Filers?

How it works: Enter Payment Info to provide additional information to receive the Economic Impact Payment?

Who is  eligible?

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Eligible U.S. citizens or permanent residents who:

  • Had gross income that did not exceed $12,200 ($24,400 for married couples) for 2019
  • Were not otherwise required to file a federal income tax return for 2019, and didn’t plan to

You can provide the necessary information to the IRS easily and quickly for no fee through Non-Filers: Enter Payment Info. We will use this information to determine your eligibility and payment amount and send you an Economic Impact Payment. After providing this information you won’t need to take any additional action.

https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here

Information You will Need to Provide

  • Full name, current mailing address and an email address
  • Date of birth and valid Social Security number
  • Bank account number, type and routing number, if you have one
  • Identity Protection Personal Identification Number (IP PIN) you received from the IRS earlier this year, if you have one
  • Driver’s license or state-issued ID, if you have one
  • For each qualifying child: name, Social Security number or Adoption Taxpayer Identification Number and their relationship to you or your spouse

What to Expect

Clicking “Non-Filers: Enter Payment Info Here” above will take you from the IRS site to Free File Fillable Forms, a certified IRS partner. This site is safe and secure.

Follow these steps in order to provide your information:

  • Create an account by providing your email address and phone number; and establishing a user ID and password.
  • You will be directed to a screen where you will input your filing status (Single or Married filing jointly) and personal information.
  • Note: Make sure you have a valid Social Security number for you (and your spouse if you were married at the end of 2019) unless you are filing “Married Filing Jointly” with a 2019 member of the military. Make sure you have a valid Social Security number or Adoption Taxpayer Identification Number for each dependent you want to claim for the Economic Impact Payment.
  • Check the “box” if someone can claim you as a dependent or your spouse as a dependent.
  • Complete your bank information (otherwise we will send you a check).
  • You will be directed to another screen where you will enter personal information to verify yourself. Simply follow the instructions. You will need your driver’s license (or state-issued ID) information. If you don’t have one, leave it blank.

You will receive an email from Customer Service at Free File Fillable Forms that either acknowledges you have successfully submitted your information, or that tells you there is a problem and how to correct it. Free File Fillable forms will use the information to automatically complete a Form 1040 and transmit it to the IRS to compute and send you a payment.

Need to file? There’s still time, All taxpayers have received an extension until  July 15, 2020. No further action is needed, Call KLEW Financial today to schedule a safe virtual consultation.

There are big tax benefits waiting for small business owners but you will need a knowledgeable. Contact a proactive tax advisor to help you navigate the rapidly changing tax landscape. KLEW Financial is located in Melbourne, FL, we are also 100% virtual!

Entrepreneur Burnout

The first and often most difficult step to avoiding and overcoming burnout is identifying it. Many entrepreneurs don’t even realize they do this until the point of burnout is reached and their brains start to become filled with doubt and defeat.  This can be tricky because it doesn’t always look like you might think.

 1. Running on empty

2. Anxiety and panic attacks

3. Feeling overwhelmed

How to overcome business burnout

Massage and reflexology: You really can’t get too many of these when you are in burnout mode. Your nervous system is frazzled and massage can help to calm it. That’s why I do this once a week if I can.

Sleep: Even a short nap can revitalize you and  give you enough energy to finish the day strong.our mind and body need sleep more than you think.

Eat Well: A great way to proactive  self-care. You deserve it and your body will thank you. I love having a satisfying meal to reward my body when I’m feeling  stressed.

Breathe: You literally cannot feel stress when you are taking deep breaths. It’s  true! When we are frazzled your brain goes into panic mode. Taking deep breaths  helps you calm down feel safe.

These are just a few of the fundamental things you can do to overcome burnout, and you will probably find your own methods for restoring your motivation and energy. The way to avoid burnout altogether is to keep these strategies in your regular routine of self-care maintenance so your work is more productive and sustainable.

 One of the leading causes of burnout in entrepreneurs is too much work falling on their shoulders. As an entrepreneur, it’s extremely important to be aware that you are at risk of burnout even if you have a full team of high-performing employees supporting you and driving your vision forward. Entrepreneurs running already-successful businesses are just as susceptible to burnout as new entrepreneurs.


Get A KLEW about me

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KLEW Financial founded in 2017 as a Financial Services Firm specializing in proactive tax strategies. Keisha Edwards  a Professional Financial Planner and Enrolled Agent that assists businesses in reaching their long term goals. Leveraging my 15 years of  Accounting/Bookkeeping experience with some of the largest Corporations in the Healthcare Industry and personal triumphs to educate and empower entrepreneurs to build their business on a solid foundation.

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