by ezTaxReturn Expert Staff | Aug 3, 2021 | Tax Tips & Planning
Still waiting on your tax refund? Unfortunately, you’re not alone. According to the National Taxpayer Advocate Service the IRS had a backlog of 35 million unprocessed returns as of last month. As a result, it’s taking a lot longer than the usual 21 days for...
by ezTaxReturn Expert Staff | Jul 1, 2021 | Personal Finance
2020 was a rough year financially for many people. Some lost their jobs, saw their hours cut, or were forced to drop out of the workforce temporarily due to childcare issues. Now that people are getting vaccinated and businesses are reopening, we’re starting to see...
by ezTaxReturn Expert Staff | Jul 1, 2021 | IRS & Government
Americans urged to watch out for tax scams during the pandemic WASHINGTON – The Internal Revenue Service today began its “Dirty Dozen” list for 2021 with a warning for taxpayers, tax professionals and financial institutions to be on the lookout for these 12 nefarious...
by ezTaxReturn Expert Staff | Jul 1, 2021 | Tax Tips & Planning
The American Rescue Plan was created to provide relief to millions of Americans. It provided stimulus payments, lower health insurance premiums and several tax law changes which will impact your return when you file next year. Here are some of the big...
by ezTaxReturn Expert Staff | Jul 1, 2021 | Tax Tips & Planning
Starting July 15th, families with qualifying dependents will begin receiving advance monthly payments of the Child Tax Credit. You’ll receive half of your estimated credit between July and December, then the rest when you file your tax return in 2022. Here’s what...