by admin my_tax | May 25, 2021 | Tax Tips and News
The loss of health insurance is a major concern for the millions of Americans who have filed for unemployment throughout the pandemic. While COBRA continuation coverage can help bridge the gap between jobs, former employers generally are not required to pay part of...
by admin my_tax | May 22, 2021 | Tax Tips and News
The deadline for filing income taxes came and went on May 17, but that’s no reason to think the filing door is completely shut. Taxpayers who owe tax due but didn’t request an extension should file now to keep their penalties and interest to a minimum. Even if...
by admin my_tax | May 20, 2021 | Tax Tips and News
A provision of the American Rescue Plan is being readied for action, targeting nearly 90 percent of American households with children to receive monthly payments of the Child Tax Credit. The Internal Revenue Service and the Department of the Treasury expect to send...
by admin my_tax | May 17, 2021 | Tax Tips and News
Some individual taxpayers and businesses in certain Tennessee counties have gotten some good news for a change: They have until August 2 to file their various tax returns with the IRS. These taxpayers have had their share of bad news lately, mostly due to spring...
by admin my_tax | May 14, 2021 | Tax Tips and News
With restaurants beginning to open more fully due to a break in the coronavirus pandemic, employees in the food and beverage industry are soon likely to have a lot more to report on their taxes: Tips. That’s why the Internal Revenue Service is reminding taxpayers that...
