2021 – 07/19

The IRS has issued guidance that updates its Employee Plans Compliance Resolution System (EPCRS). The EPCRS permits retirement plan sponsors […]

Direct deposit refunds began rolling out on July 14 to millions of taxpayers who overpaid taxes on their 2020 unemployment […]

The IRS is providing more information about the advance payments of the Child Tax Credit (CTC) that will begin being […]

In a “COVID Tax Tip,” the IRS provides advice on making payments of deferred employer Social Security taxes reported by […]

Are you eligible to take the deduction for qualified business income (QBI)? This valuable tax break is also referred to […]

If you’re planning your estate, or you’ve inherited assets, you may not know the “basis” for tax purposes. Under the […]

Do you have a hobby that’s a source of income? If so, that income must be reported on your tax […]

Are you eligible to receive the advance child tax credit (CTC) payments that begin July 15? Have you provided bank […]

Eligible parents will soon receive payments from the federal government by direct deposit, paper check or debit card. The IRS […]

Here are some key tax-related deadlines for businesses and other employers during the third quarter of 2021. AUGUST 2: Employers […]

The IRS has released the inflation-adjusted amounts for Health Savings Accounts (HSAs) next year. For calendar year 2022, the annual […]

The IRS will begin sending advance monthly Child Tax Credit (CTC) checks starting on July 1, according to testimony to […]

President Biden has released a summary of the “American Jobs Plan” that focuses on infrastructure improvements and other initiatives. He […]

Even though the provisions of the newly passed American Rescue Plan Act (ARPA) lean heavily toward individuals, there are several […]

Individual taxpayers get extra time to file their 2020 tax returns and pay their taxes because of the pandemic. The […]