Tax Pro Plus
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- Managing out-of-State Employees: The Payroll Tax Conundrum
- The COVID-19 work-from-home era has created new payroll challenges for employers.
- Video: Starting Tips for Inspired Entrepreneurs
- If you are planning to join the world of entrepreneurship, be sure to think about 3 areas: audience, competition, your financial feasibility.
- IRS to Automatically Adjust Prior Filed 2020 Returns with Unemployment Income
- The IRS announced on March 31, that it will take steps to automatically refund money this spring and summer to people who filed their tax return reporting unemployment compensation before the recent law change made by the American Rescue Plan Act.
- Easily Check the Status of Your Refund
- If your 2020 federal return has already been filed and you are due a refund, you can check the status of your refund online. Note: if you claimed the Earned Income Tax Credit (EITC) or the Additional Child Tax Credit (ACTC), the IRS will not issue refunds until the first week of March provided you e-filed, chose your refund to be direct deposited and no issues were found with your refund.
- Don't Miss Out on Tax Credits
- Tax credits are a tax benefit that offsets your actual tax liability, as opposed to a tax deduction, which reduces your income. Congress provides tax credits to individual taxpayers for a number of reasons, including as a form of assistance for lower-income taxpayers, to stimulate employment, and to stimulate certain investments, among other things.
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