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Tax moves to make if you missed Tax Day

Tax moves to make if you missed Tax Day

 you missed Tax Day. It happens. Don't panic. But don't dawdle. The Internal Revenue Service is serious about wanting your tax forms and, of course, any taxes you owe. If you miss the annual deadline, regardless of exactly when it falls, then you'll likely end up...

Tax-filing Moves

Tax-filing Moves

If you've yet to file your 2021 return, here are five tax tasks to complete as the April 18 filing deadline nears. 1. Decide what you're going to do about your 2021 return. With Tax Day just two weeks away, the IRS still is waiting on millions of returns. Are you...

Why hiring a Tax Consultation Company is important?

Why hiring a Tax Consultation Company is important?

Tax Consultation Correct financial guidance will undoubtedly assist you in properly planning your business capital. When it comes to taxes, having a thorough understanding of tax credits and deductibles can save you a lot of money. This may cause one to run out of...

What to Consider When Hiring a Tax Preparation Service

What to Consider When Hiring a Tax Preparation Service

Tracking down the right specialist to assist you to prepare for taxes requires knowing your alternatives. Here is what to think about while recruiting a tax preparation Houston TX service. Across the United States, above 1.2 million Business Tax...

Benefits of Hiring a Tax Consultant

Benefits of Hiring a Tax Consultant

Tax Filing Consultant Do you find it difficult to file your income taxes? If yes, then you are not alone in it. Many people find filling their taxes onerous because it requires accounting and taxation acumen. But, you can reach out to a tax filing consultant to get...

Who is a Tax Consultant, and What Do They Do?

Who is a Tax Consultant, and What Do They Do?

Tax Consultation Tax consultants give you advice about how to effectively deal with the various kinds of transaction problems related to your property, income, sales, and business. Nobody wants sagging business deals. Our company Falls Credit N Tax Houston, Texas...

Why Tax Preparation Services Are Necessary?

Why Tax Preparation Services Are Necessary?

Tax preparation is not an easy task. It involves deep knowledge and understanding and has certain difficult aspects that a normal person can’t grasp. Also, it needs a lot of time and can be hectic for a person who is running against businesses that include taking care...

Child Tax Credit 2021: Who Gets $3,600?

Child Tax Credit 2021: Who Gets $3,600?

The child tax credit is bigger and better than ever for 2021, which should make things a little easier for families taking a financial hit during the COVID-19 pandemic. Thanks to the American Rescue Plan Act of 2021 ("American Rescue Plan"), the credit amount is...

President Biden’s  $3,600 Child Tax Credit Through 2025

President Biden’s $3,600 Child Tax Credit Through 2025

Families are getting a bigger and better child tax credit for 2021. And, if President Biden gets his way, most of the credit enhancements will continue to be available for several more years while full refundability of the credit will be permanent. Thanks to the...

Monthly Payments of the 2021 Child Tax Credit Will Begin in July

Monthly Payments of the 2021 Child Tax Credit Will Begin in July

After doubts about whether it was up to the task, the IRS says it's on schedule to start sending monthly child tax credit payments this summer. The American Rescue Plan  offers American families a bigger and better child tax credit for 2021. For this year only,...

10 Quick Tips for Your 2020 Taxes

10 Quick Tips for Your 2020 Taxes

Are dollars, documents and deductions on your mind this month? Even if you trust your tax preparation to a professional, here are some tips that are particularly relevant given the changes that have taken place over the past year. Perhaps some of them are pertinent to...

New Exclusion of up to $10,200 of Unemployment Compensation

New Exclusion of up to $10,200 of Unemployment Compensation

To help taxpayers, the Internal Revenue Service announced today that it will take steps to automatically refund money this spring and summer to people who filed their tax return reporting unemployment compensation before the recent changes made by the American Rescue...

IRS tax refund status

IRS tax refund status

Where is my tax refund? That's the question many ABC11 viewers are asking Troubleshooter Diane Wilson as they await their money.WASHINGTON -- IRS Commissioner Charles Rettig on Thursday said the millions of Americans whose tax returns have been caught in a processing...

The Third Stimulus Checks are Here

The Third Stimulus Checks are Here

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,...

What’s the Recovery Rebate Credit?

What’s the Recovery Rebate Credit?

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 return. How...

How Your Third Stimulus Check Will Differ From the First Two Payments

How Your Third Stimulus Check Will Differ From the First Two Payments

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 Plan, which authorizes a...

Will Your Stimulus Check Increase Your Tax on Social Security Benefits?

Will Your Stimulus Check Increase Your Tax on Social Security Benefits?

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. Third Stimulus Check...