by [email protected] | Apr 9, 2025 | Uncategorized
The $1.9 trillion American Rescue Plan has inadvertently created a conundrum for the unemployed this tax season. The pandemic aid measure, which passed the Senate on Saturday, offers $1,400 stimulus checks and waives federal taxes on a portion of unemployment benefits...
by [email protected] | Apr 9, 2025 | Uncategorized
The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. The IRS will be providing formal guidance in the...
by [email protected] | Apr 9, 2025 | Uncategorized
The Internal Revenue Service says taxpayers should expect limited face-to-face operations, heavy call volume and paper-processing delays as it opens today for tax season 2021, accepting tax returns for tax year 2020. And then there’s all the pandemic-related tax law...
by [email protected] | Apr 9, 2025 | Uncategorized
Tracking the status of a tax refund is easy with the Where’s My Refund? tool. It’s conveniently accessible at IRS.gov or through the IRS2Go App. Taxpayers can start checking their refund status within 24 hours after an e-filed return is received. Read More...
by [email protected] | Apr 9, 2025 | Uncategorized
The IRS estimates the average taxpayer spends 12 hours working on their taxes and pays an average of $230 to get their paperwork filed. “Your tax return is in no way that simple,” Jackson Hewitt Tax Service Chief Tax Information Officer Mark Steber said. “I don’t care...
