by taxPRO Websites Staff | Jun 22, 2021 | Tax Tips and News
It’s said that the early bird gets the worm. Some early-bird taxpayers could see a real benefit from their promptness to file their taxes, and it’s worth more than mere worms. The legislative package known as the American Rescue Plan of 2021 was passed into law in...
by taxPRO Websites Staff | Jun 18, 2021 | Tax Tips and News
The IRS announced that it is now also offering online tax information in Spanish, Chinese (simplified and traditional), Korean, Russian, Vietnamese, Haitian-Creole, and more. IRS.gov web pages have links to available translations on the right side, just below the...
by taxPRO Websites Staff | Jun 17, 2021 | Tax Tips and News
The Internal Revenue Service has rolled out a new online tool that’s built to help families register for monthly Advance Child Tax Credit payments. The tool is tailored to the needs of families who are eligible for the advance payments, but don’t normally file an...
by taxPRO Websites Staff | Jun 15, 2021 | Tax Tips and News
The American Rescue Plan (ARP) put some sweeping changes in place to help the U.S. tax code deal with the effects of the coronavirus pandemic. To help provide guidance to families and small business who might claim some of ARP’s major credits, the IRS has issued two...
by taxPRO Websites Staff | Jun 12, 2021 | Tax Tips and News
The Internal Revenue Service says it sent out millions of additional American Rescue Plan (ARP) payments to taxpayers in just a two-week period, pushing the total number of payments issued under the new law to just under 170 million. The IRS teams with the Department...