by ManagerJill | Dec 23, 2022 | American Rescue Plan, FAQ, FYI, IRS News, Tax
WASHINGTON — The Internal Revenue Service today announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax filing season. As a result of this delay, third-party settlement organizations will not be...
by ManagerJill | Jan 6, 2022 | American Rescue Plan, FAQ, FYI, Individuals, IRS News, Stimulus, Tax
2022 ushers in an age of confusion in regards to tax laws for many people. While some prospective regulations remain in limbo, we hope to clarify some things we’re already seeing questions on. Economic Impact Payments & Advance Child Tax Credit Program Both the...
by ManagerJill | Sep 14, 2021 | American Rescue Plan, Business, FYI, Individuals, IRS News
We hear a lot from the news about the proposed American Families Plan in regards to raising the corporate tax rate and the taxes on higher wage earning individuals. It makes for a great sound byte, especially when paired with the other highlights of the plan. These...
by ManagerJill | May 25, 2021 | Uncategorized, American Rescue Plan, FYI, IRS News
On Monday, May 17the, the IRS made announcements regarding the upcoming Refundable Child Tax Credit that was created as part of the American Rescue Plan. While not all of the details are available yet, the associated IRS.gov portals are scheduled to go live on July...
