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 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
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 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
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 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
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 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…