Article Highlights: Earned Income Tax Credit Refundable Tax Credit Qualifications Special Rule for Military The EITC is for people who work but have lower incomes.
Article Highlights: Mortgage Forbearance Fannie Mae and Freddie Mac Penalty Free Pension Plan Withdrawals Cancellation of Debt Income As part of the CARES Act, Congress
Article Highlights: Tax Issues Current Law Trump Proposals Biden Proposals As the November elections approach, you might want to know what the two front-running presidential
Article Highlights: $500 Per Child Stimulus Payment Non-Filer Tool Those Who Have Already Used the Non-Filer Tool Those Who Haven’t Used Non-Filer Tool How Payment
Article Highlights: CARES Act Unemployment Benefits States Taxation of Unemployment Will Unemployment Be Taxable? With the passage of the CARES Act stimulus package earlier this
September 1 – 2020 Fall and 2021 Tax Planning Contact this office to schedule a consultation appointment. September 10 – Report Tips to Employer If
Article Highlights: October 15 extended due date for filing federal individual tax returns for 2019. Late-filing penalty. Interest on tax due. Other October 15 deadlines.
Article Highlights: IRS’s Unopened Mail Backlog Uncashed Checks Dishonored Payment Penalty IRS Relief for Taxpayers During the COVID-19 pandemic, the IRS has furloughed many of
Article Highlights: Lower Mortgage Interest Rates Refinancing Limits on Loan Terms Limit on Home Mortgage Debt Refinance Calculator Interest rates are currently at an all-time
October 13 – Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during September,
