EITC filers have more time to answer claim questions
When your job doesn’t pay much, the Earned Income Tax Credit (EITC) can be a big help. This tax break for lower- and middle-income workers has been a part of the tax code since 1975’s Tax Reduction Act. It was a logical extension of the 1960s-era War...
No bank account? Prepare to wait for COVID-19 cash
More than 80 million stimulus checks went out last week, mostly to people who filed federal 2018 or 2019 returns and had the Internal Revenue Service directly deposit those tax years’ refunds. Millions more have been anxiously checking the IRS’ Get My...
Didn’t file taxes, but have kids? Tell the IRS so you can get your full COVID payment ASAP
Parents know that kids are costly. That fiscal fact is especially notable when mom and dad have been laid off during the coronavirus crisis. That’s why the Internal Revenue Service is making what it’s dubbed the Plus $500 Push. It’s an effort to...
Don’t forget ‘normal’ tax matters during COVID-19 tax season
This weekend many businesses and their tax advisers are still trying to sort out the complexities of Small Business Administration Paycheck Protection Program. It’s part of the $2 trillion federal coronavirus relief package, officially known as the CARES...Lorem Ipsum is simply dummy text of the printing and typesetting industry. dummy text of the printing Ltting industry.
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