Ask CPA Sam

Payroll, Tax, Financial and Other Random Discussions

Entries Tagged ‘direct deposit’

Don’t Touch My Money

Q.  My employer keeps pushing Direct Deposit on all their employees.  Why should I do that?  I don’t want my employer touching my bank account. A. We all have issues trusting new things. In this case, unless you employer is Al Capone or Bernie Madoff, it’s probably safe to sign up for direct deposit.  It [...]

Economic Stimulus Schedule

Now for the good part: How much do we get as part of the economic stimulus payment from the government and when does it arrive? Let me remind you that you must file a tax return this year in order to receive your payment. That being said, the value that is on your Total Tax [...]

The Economic Stimulus Payment

Q. What about this tax rebate everyone is talking about? Is it real? How do I know how much I will receive? A. It seems like everyone is excited about the prospect of getting money from the government. The IRS has begun issuing lots of guidance on exactly how to go about getting your share [...]