by Jessica Benjamin | May 2, 2022 | Tax Accounting
5 Reasons You Should Have an Online IRS Account Creating an online IRS account is a quick way to always have access to your tax information. Some of the tax data available is the status of your refund or amount owed, payment history for the last five years, economic...
by Jessica Benjamin | May 9, 2021 | Tax Accounting
IRS Says The Expanded Child Tax Credit for 2021 Will Start in July The American Rescue Plan Act (ARPA) signed into law by President Joe Biden in March includes a provision for expanding the child tax credit for 2021. Expanded Child Tax Credit to Provide Monthly Checks...
by Stephen Griffin | May 5, 2021 | Tax Accounting
Where’s My 2020 Tax Refund? If you’re wondering where your tax refund is, you’re not alone. Even with the federal tax filing deadline extended, millions of Americans filed early well before the historical April 15th due date and are still waiting for their tax...
by Stephen Griffin | Apr 9, 2021 | Tax Accounting
Unemployment Tax Break Means up to $10,200 Tax Free Before the American Rescue Plan Act (ARPA) was signed on March 11, 2021, unemployment compensation was taxable income, and now ARPA provides a new federal tax break for unemployment benefits received in 2020. It now...
by Stephen Griffin | Apr 8, 2021 | Tax Accounting
It Might Be Time To Do a Paycheck Checkup Who should do a paycheck checkup? A paycheck checkup is done to check your withholdings and to make sure you’re not significantly overpaying or underpaying your payroll taxes with every paycheck. The IRS provides a Withholding...
