Francine Taggart Feb 41 minCHILD TAX PAYMENTSThe IRS is mailing out form 6419 to notify you of your advanced child tax payments.
Francine Taggart May 7, 20211 minIRS is holding millions of tax returns, delaying refundsThe IRS is holding 29 million tax returns for manual processing, delaying tax refunds for many Americans, according to the National...
Francine Taggart Apr 23, 20211 minIRS addresses delay in processing payments submitted via Modernized e-File The IRS had experienced delays in processing payments related to e-filed Forms but the delay issue has been resolved.
Francine Taggart Apr 2, 20212 min2021 tax season extended until May 17The IRS has officially extended the tax due date from April 15, 2021 to May 17, 2021.
Veronica BonaventuraFeb 5, 20212 minWhat is included in the consolidated appropriations act signed into law on december 27, 2020?New changes on tax treatment of the PPP loan forgiveness.
Francine Taggart Jan 6, 20212 minCOVID relief legislation that affects individuals Here is an overview of key provisions in the recent COVID relief legislation that affect individuals.
Francine Taggart Dec 30, 20202 minNEWS RELEASE - REGARDING THE DECEMBER 27, 2020 DISASTER RELIEF ACT The IRS urges employers to take advantage of the newly-extended employee retention credit, designed to make it easier for businesses that...
Veronica BonaventuraDec 23, 20202 minPaycheck Protection Program 2.0 (PPP2)At the end of 2020 a new law was passed that provides for additional relief related to the COVID-19 pandemic. The Consolidated...
Francine Taggart Dec 11, 20201 minWill you have to pay tax on your Social Security benefits?If you’re getting close to retirement, you may wonder: Are my Social Security benefits going to be taxed?
Francine Taggart Nov 28, 20201 minNew business? It’s a good time to start a retirement plan.If you recently launched a business, you may want to set up a tax-favored retirement plan for yourself and your employees.