Tax Blog

Tips to help you prepare for tax season

The latest tax tips and news from Pro Tax Consultants LLC

IRS Refunding Tax Paid on Unemployment Compensation

IRS Refunding Tax Paid on Unemployment Compensation

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…

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American Rescue Plan Expands Credits for 2021

American Rescue Plan Expands Credits for 2021

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…

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Expats, Others Abroad Face June 15 Filing Deadline

Expats, Others Abroad Face June 15 Filing Deadline

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…

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IRS Says It’s a Good Time to Fine-Tune Withholding

IRS Says It’s a Good Time to Fine-Tune Withholding

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…

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IRS Holds Interest Rates Steady for Third Quarter

IRS Holds Interest Rates Steady for Third Quarter

The Internal Revenue Service is willing to stay the course on interest rates, announcing rates for the third quarter of 2021 will be just the same as the previous two quarters.… Read more about IRS Holds Interest Rates Steady for Third Quarter (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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It’s Almost Time for the 2021 Virtual Nationwide Tax Forum

It’s Almost Time for the 2021 Virtual Nationwide Tax Forum

Spring has sprung. Income tax filing season is over, and that means it’s time to get ready for the annual Virtual Nationwide Tax Forum. This year’s event will be held over five weeks, with live-streamed seminars three days each week.… Read more about It’s Almost Time for the 2021 Virtual Nationwide Tax Forum (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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