Tax Blog
Tips to help you prepare for tax season
Taxpayers Can Still Get Credit for IRA Contributions on 2020 Returns
Taxpayers, no matter their age, may be able to claim a deduction on their 2020 tax returns for contributions to their Individual Retirement Arrangement (IRA) if they make them by April 15.… Read more about Taxpayers Can Still Get Credit for IRA Contributions on 2020 Returns (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
The American Rescue Plan Includes Funding for Individual Payments, Changes to Tax Credits
President Biden signed into law the $1.9 trillion American Rescue Plan Act of 2021, which includes a number of tax-related provisions that lawmakers say will help struggling Americans weather the pandemic recession.… Read more about The American Rescue Plan Includes Funding for Individual Payments, Changes to Tax Credits (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Reminds Employers About Repayment of Deferred Social Security Tax
The Internal Revenue Service yesterday released a COVID Tax Tip highlighting guidance for employers who deferred payment of their employee’s 2020 Social Security tax. Initially described by legislators as a “payroll tax holiday,” the agency reminds participating employers that they still have to pay deferred employee Social Security tax by the new deadlines.… Read more about IRS Reminds Employers About Repayment of Deferred Social Security Tax (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Has Resources for Visually Impaired Taxpayers
The Internal Revenue Service has a number of resources and accessibility services available to taxpayers who need them.… Read more about IRS Has Resources for Visually Impaired Taxpayers (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Help Spot and Avoid Tax Scams
It’s tax season, and that means you’re as busy as you can be. But it’s also the busy season for crafty criminals: scammers impersonating the IRS, either over the phone, by email or in person. Any of these methods can be used to steal money from people.… Read more about Help Spot and Avoid Tax Scams (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
2021 Virtual Tax Forum Set for July
The dates for the 2021 Nationwide Tax Forum have been set. But before you start calling for airline tickets, the announcement from IRS Commissioner Chuck Rettig has some helpful advice about travel plans:… Read more about 2021 Virtual Tax Forum Set for July (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
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