by | Nov 5, 2021 | Tax Tips and News
Taxpayers in Connecticut are getting a little extra time to file their taxes, courtesy of Hurricane Ida and the IRS. Ida tore up coastal areas in the southern U.S., and went on to batter the Northeast with flooding and other damage. The Internal Revenue Service...
by | Nov 3, 2021 | Tax Tips and News
Families who have significant income changes to report for the advance Child Tax Credit payments are running out of time to pass those changes on to the Internal Revenue Service. The IRS says the changes must be entered on the Child Tax Credit Update Portal (CTC UP)...
by | Oct 30, 2021 | Tax Tips and News
While most of the nation’s attention is turned to fall colors and the Thanksgiving holidays, residents of some Mississippi counties still have all-too-vivid memories of meaner weather earlier in the summer. That’s when Hurricane Ida ravaged the state with high winds,...
by | Oct 29, 2021 | Tax Tips and News
The Internet is filled with cybersecurity threats that can jeopardize family finances. Just one of many scams, identity theft tax refund fraud (ITTRF) is big business for criminals, and it can cause big headaches for victims. The IRS, state departments of revenue, and...
by | Oct 27, 2021 | Tax Tips and News
There’s not much doubt that the COVID-19 pandemic has taken a strong labor market and turned it on its ear, producing a shortage of available workers. To help employers navigate these uncertain waters, the Internal Revenue Service is reassuring them that businesses...
by | Oct 23, 2021 | Tax Tips and News
It’s that time again: time for federal tax return preparers to renew their Preparer Tax Identification Numbers (PTINs) for the coming year. It’s no time to procrastinate, since 2021 PTINs will expire on Dec. 31. A valid PTIN is required for anyone who prepares—or...
