C&F Taxes
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Reliable Services at Reasonable Rate. Taxes can be confusing, but let us put your mind at ease. Over 25 years of experience.
The stimulus checks won't impact your tax refund next year. The one-time stimulus are payments stemming from the CARES ACT are technically advanced refund on a tax credit that qualifying taxpayers will receive for 2020. That basically just means the CARES ACT lowers your tax liability according to your financial status and rather than getting a larger refund in 2021, IRS is sending you part of that refund now. Since this money is essentially a tax refund, it not taxed.
If you file an extension your taxes returns are due October 15, 2019.
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