Q2 Estimated Taxes Due June 15

It may seem that we just got through with the 2021 income tax season, but there’s already another tax deadline waiting in the wings.…
It may seem that we just got through with the 2021 income tax season, but there’s already another tax deadline waiting in the wings.…
Millions of Americans paid taxes on their unemployment compensation before learning that an exclusion was introduced by legislation a month into filing season. So, the Internal Revenue Service is now sending some of those taxpayers a refund to satisfy the new law.…
Read more about IRS Refunding Tax Paid on Unemployment Compensation
By most measures, 2021 is shaping up to be much better than 2020. The coronavirus appears to be less of a threat, the economy is beginning a comeback, and the American Rescue Plan is expanding some tax credits for parents and others with children.…
Read more about American Rescue Plan Expands Credits for 2021
Uncle Sam is reminding its citizens who live and work outside its borders that their tax deadline is rapidly approaching.While the bulk of taxpayers had to get their tax returns filed by May 17 this…
Read more about Expats, Others Abroad Face June 15 Filing Deadline
Now that the income tax filing deadline has passed, it’s a good time to take a hard look at whether we have the right amount of taxes withheld from our paychecks.…
Read more about IRS Says It's a Good Time to Fine-Tune Withholding
The Internal Revenue Service is willing to stay the course on interest rates, announcing rates for the third quarter of 2021 will be just the same as the previous two quarters.…
Read more about IRS Holds Interest Rates Steady for Third Quarter
When it comes to getting Economic Impact Payments into the hands of those who need them most, there’s good news and bad news.…
Read more about IRS Working to Get Stimulus Payments to All Qualified Recipients
Spring has sprung. Income tax filing season is over, and that means it’s time to get ready for the annual Virtual Nationwide Tax Forum. This year’s event will be held over five weeks, with live-streamed seminars three days each week.…
Read more about It's Almost Time for the 2021 Virtual Nationwide Tax Forum
The loss of health insurance is a major concern for the millions of Americans who have filed for unemployment throughout the pandemic. While COBRA continuation coverage can help bridge the gap between jobs, former employers generally are not required to pay part of the premiums—meaning some beneficiaries have to foot the entire bill for their insurance.…
Read more about IRS Notice Includes Guidance for COBRA Premium Assistance
The deadline for filing income taxes came and went on May 17, but that’s no reason to think the filing door is completely shut.…
Read more about IRS Encourages Taxpayers Who Missed the Deadline to File