Registration Might Be Required for Advance Child Tax Credit Payments

Taxpayers who aren’t required to file a federal income tax return don’t need to file to get advance payments of the Child Tax Credit. They will, however, have to register with the IRS if they haven’t filed a return lately.… Read more about Registration Might Be Required for Advance Child Tax Credit Payments (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

2020 Data Book Spotlights IRS’ Work During Pandemic

The latest publication from the Internal Revenue Service is getting all the sendup worthy of a new best-seller. The Data Book for 2020 recounts the agency’s effort to deal with tax season during the time of the coronavirus.… Read more about 2020 Data Book Spotlights IRS’ Work During Pandemic (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Announces FAQs for Childcare and Paid Leave Credits

The American Rescue Plan (ARP) put some sweeping changes in place to help the U.S. tax code deal with the effects of the coronavirus pandemic. To help provide guidance to families and small business who might claim some of ARP’s major credits, the IRS has issued two sets of frequently asked questions or FAQs.… Read more about IRS Announces FAQs for Childcare and Paid Leave Credits (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…