by Andre Falls | Mar 17, 2021 | Taxes
The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. The IRS will be providing formal guidance in the...
by Andre Falls | Mar 12, 2021 | Taxes
WASHINGTON – The Internal Revenue Service announced today that the third round of Economic Impact Payments will begin reaching Americans over the next week. Following approval of the American Rescue Plan Act, the first batch of payments will be sent by direct deposit,...
by Andre Falls | Mar 9, 2021 | Taxes
There’s a new tax credit showing up on the Form 1040 this year: The Recovery Rebate Credit. If you didn’t get a stimulus check – or you only got a partial check – then you certainly want to make sure you check out the credit before you file your 2020 tax...
by Andre Falls | Mar 9, 2021 | Taxes
A third stimulus check can’t arrive soon enough for people who are struggling financially. But even though we’re oh so close to seeing that happen, we’re not quite there yet. On Saturday, the Senate passed President Biden’s American Rescue...
by Andre Falls | Mar 2, 2021 | Taxes
We’ve had two rounds of stimulus checks so far – and another round is right around the corner. It’s nice getting unexpected money, and for some people it’s a life saver. Whatever your situation, we hope you’re able to put the money to good use....
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