New information is coming at an alarming rate! Please contact your tax preparer if you have questions. We will be glad to help just give us a call at 870-642-5900. While 2019 tax returns for Federal and AR now have a July 15 deadline,2020 estimated tax payments have earlier deadlines.

The stimulus payments do NOT require that your 2019 tax return be filed. The payment is figured an adjusted gross income from 2019 if filed, 2018 if the 2019 return has not been filed, and, if it wasn’t necessary for a return to be filed, other government payments such as social security will be used. I am attaching some additional information that was provided to me.