by Ann Campbell CPA | Feb 9, 2022 | Tax Tips and News
The Internal Revenue Service wants to see a 2021 income tax return from all Americans—including those who haven’t filed in years. The reason is recent legislation—including the American Rescue Plan and other new laws—has put some significant tax benefits in play for those who qualify.… Read more about IRS Encourages Non-Filers to File for ARP Benefits (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Ann Campbell CPA | Feb 8, 2022 | Tax Tips and News
Protecting taxpayer data from scammers and preventing identity theft tax refund fraud has long been a chief concern for the Internal Revenue Service, and pursuing this mission lead the agency to form the Security Summit.… Read more about Privacy Concerns Lead IRS to Drop Facial Recognition (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Ann Campbell CPA | Feb 5, 2022 | Tax Tips and News
The wait is over; the filing season for 2021 income tax returns has been opened by the IRS. But before taxpayers start sharpening pencils, cranking up the calculator and putting on a pot of coffee, they need to know they’ve got everything together to get the job done right.… Read more about Tax Filing Tips from the IRS (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Ann Campbell CPA | Feb 5, 2022 | Tax Tips and News
The Internal Revenue Service is pushing out a new version of its frequently asked questions (FAQs) for the 2020 Recovery Rebate Credit. The updated information is featured in Fact Sheet 2022-08, which carries the latest information pertaining to tracing payments.… Read more about Recovery Rebate Credit FAQs Updated (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Ann Campbell CPA | Feb 2, 2022 | Tax Tips and News
Much attention has been given lately to the Child Tax Credit and its advance payments. But another credit is available if the taxpayer’s dependents aren’t their children.This credit is for other… Read more about IRS Explains Credit for Other Dependents (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Ann Campbell CPA | Feb 2, 2022 | Tax Tips and News
The Internal Revenue Service says it has sent out all the third-round Economic Impact Payments (EIPs), but the agency is quick to add that taxpayers who missed out on the EIP still have one more chance to claim their money.… Read more about IRS Issues EIP3 Reminder (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…