MOORE'S SERVICES: STIMULUS PAYMENT DELAYS

STIMULUS PAYMENT DELAYS

Millions of people who use tax preparation services did not receive their stimulus payments. Millions of tax payers, like our clients, are seeing a different bank account. This is because the IRS does not have your direct deposit information on file, if you applied for an Advance or your Tax Preparation Fees were taken out of your refund. The IRS has the bank’s “temporary bank account” on file that is automatically created by the bank. The IRS is aware of the problem. The IRS issued a statement that it found a way to work around this problem and a “significant percentage” of tax payers will ultimately get a direct deposit. Clients should contact the IRS directly at:

· 800.829.1040

· www.irs.gov/coronavirus/get-my-payment

At this time, Moore’s Services does not have any additional information but we are answering as many calls as possible. Due to extreme call volume the wait is longer than usual. However, be assured we understand your frustrations and will continue to update you with information as it becomes available from the IRS. We appreciate each and every one of you and it is our privilege to serve you. May you and your family continue to stay safe during these unprecedented times.