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stimulus and small business update (april 17th)

We are committed to bringing you the best information we have. Currently, we have updated information about the following:

  • News reports have mentioned that some tax preparers have received their clients stimulus checks. Connolly Steele + Company does not operate with refund anticipation loans nor take our tax preparation fee out of your refund so we will not have received your stimulus direct deposit. That may be more true for the big box preparation services.

  • Updated information about the bank account information for the stimulus checks is that the IRS is only using the banking information if you had a direct deposit of a refund but not if you used your bank account for a direct payment of a balance due. If you owed money for 2018 or 2019, you may be receiving a paper check rather than direct deposit. It is still possible to try and update your bank account information at the IRS site https://www.irs.gov/coronavirus/get-my-payment 

 

For our business clients, we have the following information available for you:

 

Please reach out if you have any questions. We are here to help.

Connolly, Steele + Company has kept the needed coordination between
payroll, taxes and accounting well understood and pinpoint predictable.

William Hunt


President
MEDCOM Solutions

Stay up to date on financial industry news and trends,
as well as getting an inside look into what is
happening at Connolly Steele + Co.

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1010 ohio river boulevard

pittsburgh, pa 15202

o: 412.761.9180

f: 412.761.9211

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