Tax Blog
Tips to help you prepare for tax season
The latest tax tips and news from Lonnie Shook CPA PLLC
IRS Says Self-Supporting College Students Could Qualify for an EIP
The Internal Revenue Service announced that some college students could qualify for an Economic Impact Payment. This press release is part of the agency’s push to get all eligible non-filers to register for an EIP before the Nov. 21, 2020 deadline, and it comes days before National EIP Registration Day.… Read more about IRS Says Self-Supporting College Students Could Qualify for an EIP (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Security Summit Warning: Taxpayers Receiving EIP Text Message Scam
The Security Summit yesterday reported that taxpayers are being targeted by a new series of text-message scams that impersonate state departments of revenue and tax relief organizations. An… Read more about Security Summit Warning: Taxpayers Receiving EIP Text Message Scam (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Streamlines Payment Agreement Setup
The Internal Revenue Service has unveiled changes they say will help struggling taxpayers affected by the pandemic settle their IRS tax debts more easily.… Read more about IRS Streamlines Payment Agreement Setup (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Some FBAR Filers Have One Extended Deadline Remaining
Most US citizens, entities, and resident aliens with a foreign bank or financial account have seen their IRS reporting deadline come and go. But for some taxpayers, one more deadline remains to file their 2019 Report of Foreign Bank and Financial Accounts, or FBAR.… Read more about Some FBAR Filers Have One Extended Deadline Remaining (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Two Key Publications Now Available in Spanish
The Internal Revenue Service is making good on its pledge to provide information and assistance to underserved communities. The agency has now made two publications that are key to tax professionals available in Spanish.… Read more about Two Key Publications Now Available in Spanish (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Announces 2021 Income Ranges for IRA, Saver’s Credit Eligibility, and More
Taxpayers trying to plan their 2021 deductible retirement plan contributions will be happy to learn that the Internal Revenue Service this week published Notice 2020-79.… Read more about IRS Announces 2021 Income Ranges for IRA, Saver’s Credit Eligibility, and More (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
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