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Showing posts from July, 2020

Deadline for NYS Renter Grant is Thursday July 30

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NY State has a one time grant available to TENANTS affected by Covid19 for up to 4 months of rent. Application deadline is THURSDAY July 30. This is NOT first come, first served. Homes & Community Renewal has created a dedicated call center to provide residents with help Monday through Saturday 8 am until 7 pm. Call the COVID Rent Relief Program Call Center at 1-833-499-0318 or email at covidrentrelief@hcr.ny.gov

If you're Waiting for your IRS Refund, You're not Alone

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After the IRS shut down in March because of the pandemic, mail started piling up. Bags of it. Truckloads of it. Millions of pieces of correspondence, including many, many, many tax returns filed on paper. Although many IRS employees have returned to work, the sheer volume of mail is causing unprecedented delays. Two months ago, the IRS was plowing through 5 million tax returns. Since then, the extended tax deadline of July 15 has come and gone, and many more returns have been added to the backlog. How many returns is 5 million? Assuming an energetic employee could process a return in 5 minutes (an utterly unrealistic assumption) and did not need to stop for such luxuries as food, sleep, or Red Bull, that employee could plow through 5 million returns in a little less than 48 years. Fortunately, the IRS has more than one employee, but you get the idea that it's going to take some time to make it to the bottom of the pile. (It's unclear how many pieces of other correspondence ...