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Money Times

Full Corn Moon 2020: Best times to view – MSN Money

(CNN)It’s that time of year when the air gets a little cooler, pumpkin decor pops up across stores, and the Corn Moon fills the sky.

The Corn Moon gets its name from the Native Americans, according to the Farmers Almanac. This moon was an indicator that it was time to harvest the corn.
This moon can get confusing because it can also be called the Harvest Moon, or the moon that occurs closet to the autumnal equinox. Depending on the year and when the phase of the moon falls, it can be both.

When can you see it?

This year you will be able to see the full beauty of the Corn Moon starting September 2 around 1:22 a.m. ET.
CNN Meteorologists Judson Jones said his favorite time to watch the full moon is as it is rising over the eastern horizon.
“When the moon is low on the horizon, it allows you to capture the view with objects in the foreground, making the moon appear bigger,” Jones said.
“Say you are in the city, and you’re watching between a couple of buildings or over the skyline, it will make it feel that much bigger and give it more impact.”

Which moon is next?

Since the Harvest Moon and Corn Moon are different this year, the Harvest Moon will be the next full moon set to appear on October 1.

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Money restaurants

With loan money gone, restaurants are at mercy of coronavirus – Alabama’s News Leader

With loan money gone, restaurants are at mercy of coronavirus – Alabama’s News Leader
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Money wants

The IRS Wants Its Money Back – Stimulus Checks Made To Dead Taxpayers Must Be Returned – Forbes

Senate stimulus deal includes individual checks virus economic stimulus plan US 1srcsrc dollar bills currency on American flag Global pandemic Covid 19 lockdown

The Treasury issued instructions to return stimulus payments made to deceased taxpayers.


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The Treasury Department announced today that stimulus checks made out to deceased taxpayers should be returned to the IRS.

If the checks were sent by mail, they should be voided and mailed back to the IRS. If the payments were made via direct deposit, the taxpayer should write a check to the government and mail it in.

This has been a confusing situation for thousands of taxpayers, so let’s dig in and take a deeper look at this situation and how you can resolve it if it impacts you.

The Problem: Tens of Thousands of Deceased Taxpayers Received Stimulus Payments

The IRS determined stimulus check eligibility based on 2018 or 2019 tax returns. There are some safeguards in place to prevent payments from being made to deceased taxpayers. For example, the Social Security Administration (SSA) maintains a Death Master File to track deceased individuals to prevent issuing Social Security Benefits to those who have passed away.

The IRS has previously used this list to help determine who not to send stimulus checks to. However, there can be gaps if the list is not up to date.

The IRS has done a good job of issuing tens of millions of stimulus checks in a short period of time. But it’s inevitable there will be some mistakes along the way.

In previous years in which there were stimulus checks, there were tens of thousands of checks that were issued to deceased taxpayers. The IRS has not released the number of stimulus payments issued to deceased taxpayers this year. But it could potentially be a bigger problem than in previous years since the IRS based stimulus check eligibility upon the most recent tax return they had on file – either 2018 or 2019. There have been reports of some taxpayers receiving stimulus payments even though they had passed away in 2018.

The Solution: The IRS Wants Its Money Back

The IRS today announced that stimulus checks issued to deceased individuals should be returned if the person died before they received their stimulus check.

Married couples who received two payments should return the portion that applies to the deceased spouse.

MORE FROM FORBESIRS Sends Stimulus Checks To Dead Taxpayers. Do They Need To Be Repaid?By Ryan Guina

How to Return Your Stimulus Payment to the IRS

The IRS has provided instructions on its website.

If you received a check by mail:

  • Simply write “Void” in the endorsement section on the back of the check.
  • Mail the voided Treasury check to the appropriate IRS location listed here.
  • Don’t staple, bend, or paper clip the check.
  • Include a note stating the reason for returning the check. 

If you received a stimulus payment via direct deposit or if you have already cashed the check:

  • Submit a personal check, money order, etc., to the appropriate IRS location listed here.
  • Write on the check/money order made payable to “U.S. Treasury” and write 2020EIP, and the taxpayer identification number (social security number,  or individual taxpayer identification number) of the recipient of the check.
  • Include a brief explanation of the reason for returning the EIP.

Families of Recently Deceased Taxpayers Should Pay Attention – The IRS is Still Issuing Stimulus Payments

The IRS is still processing the Economic Impact Payments. Most direct deposits have been issued, but the IRS expects it to take months to process all the paper checks that need to be sent out. 

Pay attention to bank account statements and mail if you have a recently deceased family member. 

MORE FROM FORBESIRS Starts Sending Stimulus Checks – Yours Might Take Months To ArriveBy Ryan Guina

Related:

IRS Sends Stimulus Checks To Dead Taxpayers. Do They Need To Be Repaid?

Six Reasons You Haven’t Received Your Stimulus Check – And Steps To Take Next

Missing Your Stimulus Check? 5 Reasons You Won’t Get One

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