Homeowner’s insurance is sort of tax deductible in some home office instances
Property protection costs: If you have a mortgage, your bank will require you to insure your home in case something terrible happens. Since your financial institution actually owns your home even though you’re making monthly payments, it wants some...
May 13 at noon is deadline to give IRS info for direct deposit of COVID-19 money
More than 130 million COVID-19 economic impact payments have been delivered, according to the Internal Revenue Service. That means the tax agency is nearing the end of its distribution of the money that is intended to help folks cover a few of the costs they’ve...
Sharing mom’s love with good causes on Mother’s Day
It’s Mother’s Day 2020. This holiday, first celebrated regionally in 1908 before going nationwide six years later, usually means that children spend the day with their moms. Such closeness, however, has been happening every day for weeks for many...
IRS ‘People First’ COVID-19 effort eases collections, audits
You’ve been sheltering in place. You’ve applied for unemployment benefits. You’re alternately checking your bank account and the Internal Revenue Service’s Get My Payment online search tool (good luck!) for your COVID-19 economic...
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...Lorem Ipsum is simply dummy text of the printing and typesetting industry. dummy text of the printing Ltting industry.
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