Tag Archive for: internal revenue service
When, Why & How To Return Stimulus Money To The IRS
There are several circumstances in which the IRS would want you to return a stimulus check you received in error. It's also important for you to know your stimulus check rights and key details about the checks and taxes. CLICK ON THE HEADLINE FOR MORE
Pandemic’s Effect On Filing 2020 Taxes
If you worked from home, received a relief payment, took on some gig work or filed unemployment benefits — or someone filed a fake claim in your name — there are things you need to be aware of. Likewise if you normally receive certain tax credits. CLICK ON THE HEADLINE FOR MORE
2021 Standard Deductions Are Better Than Ever!
To give you a head start, here's something that will make you feel good about your tax return: Standard deductions are increasing for 2021! CLICK ON THE HEADLINE FOR MORE
Noticed Extra Money In Your Paycheck? The Good And The Bad Of The Payroll Tax Cut
The Social Security payroll taxes usually taken out of paychecks was suspended from September 1 through the end of the year to help Americans financially struggling during the pandemic. But as with most things in life, there’s a catch. It’s essentially a loan. CLICK ON THE HEADLINE FOR MORE
What Will Filing Taxes Be Like In 2021 – How To Prepare
Each year, if necessary, the IRS releases drafts of tax forms, so professionals may comment. This advance notice gives insight on how tax-filing will look different in 2021 – when 2020 income taxes are filed – and what you can do to prepare. CLICK ON THE HEADLINE FOR MORE
The IRS Is Sending Extra Money To Nearly 14 Million Tax Filers. Here’s Who Gets It And Why.
The IRS just announced that it owes interest payments to nearly 14 million Americans who received their individual tax refunds after April 15 or are still owed refunds. CLICK ON THE HEADLINE FOR MORE