IRS App to Speed Delivery of $1,200 Relief Payments, Creates Tools for Non-Filers
This week the Internal Revenue Service (IRS) will release a free app, Get My Payment, which will be available through its website at IRS.gov. This app will allow taxpayers who filed their tax return in 2018 or 2019 but did not provide their banking information on their return to submit direct deposit information.
The IRS also released a new tool to allow eligible non-filers to submit the necessary information to the IRS to claim their payment.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides eligible taxpayers with a $1,200 recovery rebate plus $500 per eligible child.
Additional information on available tax relief may be found at irs.gov/coronavirus.
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Share of New Homes with Patios Edges Down for First Time in Fifteen YearsFor the first time in 15 years, the share of new homes with patios finally declined in 2024, according to NAHB tabulation of data from the Survey of Construction (conducted by the U.S. Census Bureau with partial funding from the Department of Housing and Urban Development).
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Who Are NAHB Remodelers?Twenty-one percent of NAHB builder members listed residential remodeling as their primary business activity, according to the 2024 Member Census. These remodelers tend to be relatively small companies, with a median of five employees, $1.7 million in median revenue, and 15 remodeling jobs completed over $10,000.