The IRS Could Owe You Additional Tax Return Money
We found this great read from Yahoo Finance, where they talk about how you may be entitled to a little extra cash in your pocket. Take a quick 2 min read to find out if […]
IRS Cleared Backlog of 2021-Filed Returns
The IRS this week will complete processing of all original, error-free individual income tax returns filed on Form 1040 in 2021, clearing a backlog of 8 million returns, the agency said June 21 in an […]
What meals qualify for temporary 100% expense deduction? IRS Explains.
On a Thursday morning in April 2021, The IRS released it’s guidance explaining exactly when the temporary 100% deduction for meals in restaurants is available. Also noted is when the 50% limitation on the deduction […]
Have You Heard Of The Stop Cheaters Act?
Stop Corporations and High Earners from Avoiding Taxes and Enforce the Rules Strictly Act or the Stop CHEATERS Act. What is the Stop Cheaters Act? Provides additional appropriations through FY2031 for the enforcement activities of […]
How To File IRS Appeals
What you should do if you disagree with the IRS about a tax decision? If you have a tax dispute with the IRS, the IRS Office of Appeals (Appeals) gives you an opportunity to resolve […]
American Rescue Plan Act Summary
UnemploymentAs an extension of the CARES Act, weekly unemployment benefits have been extended through Sept. 6, 2021, with a weekly benefit amount at $300. The first $10,200 ($20,400 if MFJ) of unemployment benefits for 2020 […]