by | Jul 20, 2021 | Tax Tips and News
New guidance from the Internal Revenue Service attempts to shine a little light on multiemployer qualified retirement plans that got financial help from the Pension Benefit Guaranty Corporation (PBGC), while explaining what that assistance means for participants and...
by | Jul 17, 2021 | Tax Tips and News
After a dismal winter made darker by the COVID-19 pandemic, millions of American families are getting a little sunnier disposition thanks to advance payments of the Child Tax Credit. Millions of the advance payments are now showing up as electronic deposits in...
by | Jul 16, 2021 | Tax Tips and News
The IRS is reporting a rise in successful scams targeting tax professionals. This news comes on the heels of a second filing season defined by the pandemic: Preparers and taxpayers again relied on digital communication and file exchange, and legislators passed...
by | Jul 15, 2021 | Tax Tips and News
Every year, the Electronic Tax Administration Advisory Committee (ETAAC) sends a report to Congress that includes recommendations for improving tax administration. This year, the committee’s report followed a second filing season defined by the challenges of a global...
by | Jul 14, 2021 | Tax Tips and News
The Internal Revenue Service is welcoming the newest member of its Spanish-language features into the clan. The Child Tax Credit Eligibility Assistant that helps families determine if they qualify for the Child Tax Credit and its special advance payments is now...
by | Jul 13, 2021 | Tax Tips and News
Time is quickly running out to register for the 2021 IRS Virtual Nationwide Tax Forum. To see all the events—including access to all 30 webinars and IRS Commissioner Chuck Rettig’s keynote address—registration must be completed by Tuesday, July 13. The event starts...
