Tax Blog
Tips to help you prepare for tax season
The latest tax tips and news from MTS Tax Preparation, Planning, and Financial Literacy
Recovery Rebate Credit FAQs Updated
The Internal Revenue Service is pushing out a new version of its frequently asked questions (FAQs) for the 2020 Recovery Rebate Credit. The updated information is featured in Fact Sheet 2022-08, which carries the latest information pertaining to tracing payments.… Read more about Recovery Rebate Credit FAQs Updated (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS 2021 Filing Season FAQs Now Available
The Internal Revenue Service has posted a new flock of frequently asked questions (FAQs), all aimed at answering taxpayer questions about the 2021 Child Tax Credit.… Read more about IRS 2021 Filing Season FAQs Now Available (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Highlights Expansion of Childless EITC
The gates have been opened just a little bit wider so more taxpayers who don’t have children can take advantage of the Earned Income Tax Credit (EITC).… Read more about IRS Highlights Expansion of Childless EITC (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Avoid Tax Season Phone Scams
We’ve only had one week of filing season, and scammers are already trying to make life miserable for everyone else. While this isn’t a shocking turn for anyone who has been paying attention to the evolution of identity theft tax refund fraud, it’s a problem that everyone needs to be aware of nonetheless.… Read more about Avoid Tax Season Phone Scams (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Issues EIP3 Reminder
The Internal Revenue Service says it has sent out all the third-round Economic Impact Payments (EIPs), but the agency is quick to add that taxpayers who missed out on the EIP still have one more chance to claim their money.… Read more about IRS Issues EIP3 Reminder (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Explains Credit for Other Dependents
Much attention has been given lately to the Child Tax Credit and its advance payments. But another credit is available if the taxpayer’s dependents aren’t their children.This credit is for other… Read more about IRS Explains Credit for Other Dependents (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
