Apr 21, 2021 | News to Note
Change for 2020 tax year only; those claiming net Premium Tax Credit must file Form 8962 From the National Society of Accountants (NSA) — WASHINGTON — The American Rescue Plan Act of 2021 suspends the requirement that taxpayers increase their tax liability by all or a...
Apr 14, 2021 | News to Note
From the National Society of Accountants (NSA) — The IRS has announced that it will automatically refund money to taxpayers who reported unemployment compensation in their tax return before the recent changes made by the American Rescue Plan Act signed on March 11,...
Apr 7, 2021 | News to Note
From KnowB4.com — The Internal Revenue Service (IRS) has issued an alert warning about a phishing scam targeting university students. A link in the emails leads to a phishing site that asks users to enter their Social Security number, name, date of birth, prior year...
Mar 31, 2021 | News to Note
National Society of Accountants and IRS.gov — President Biden on Tuesday, March 30 signed into the law the bipartisan Paycheck Protection Program (PPP) Extension Act of 2021 (HR 1799), which moves the application deadline to May 31, 2021. The PPP application window...
Mar 24, 2021 | News to Note
TAXES. SECURITY. TOGETHER. From IRS.gov — The IRS, the states and the tax industry are committed to protecting you from identity theft. Working together, we’ve made many changes to combat identity theft. We are making progress. The IRS is working hand-in-hand with...
Mar 18, 2021 | News to Note
From IRS.gov — Treasury, IRS push federal Tax Day WASHINGTON — The Treasury Department and Internal Revenue Service announced Wednesday, March 17 that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from...
