July is already here, and so is the highly anticipated IRS advance on child tax credits that you normally get after filing your tax return. Keep an eye out for a letter from the Internal Revenue Service (IRS). It will be good news for you if you qualify for the new child tax credit payments, allowing you to receive these... read more »
Did you know that the Treasury Department and Internal Revenue Service extended the federal income tax filing due date for people filing for the 2020 tax year from April 15, 2021, to May 17, 2021? That's because the IRS wants to help you file your taxes while you are figuring out the pandemic uncertainties. Just remember that filing electronically using... read more »
Tax filing season is upon us, and many people find that filing their taxes is highly stressful, wondering if they will get a refund this year or be paying taxes. If you are among those, rest assured, you are not alone. Like many taxpayers this year, you may have stimulus payments, unemployment income, and PPP loans to consider when filing... read more »