by taxPRO Websites Staff | Jun 5, 2021 | Tax Tips and News
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. The American Rescue...
by taxPRO Websites Staff | Jun 4, 2021 | Tax Tips and News
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 year, U.S. citizens and resident aliens who live abroad—as well as...
by taxPRO Websites Staff | Jun 2, 2021 | Tax Tips and News
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. After all, getting hit with a big tax bill after filing can often mean that the employee isn’t...
by taxPRO Websites Staff | May 29, 2021 | Tax Tips and News
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. The Internal Revenue Code mandates the rate of interest to be determined on a quarterly...
by taxPRO Websites Staff | May 26, 2021 | Tax Tips and News
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. The Nationwide Tax Forum is the...
by taxPRO Websites Staff | May 25, 2021 | Tax Tips and News
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...
