2021 Child Tax Credit Explained

*Blog updated 6/24/21. If you have dependents on your tax return under the age of 18 – Please read! Monthly prepayments from the IRS of the Child Tax Credit will begin July 15th. In March of 2021, Congress passed the American Plan Rescue Act. This legislation could...

2020 Tax Deadline will be Extended

The IRS has extended the 2020 tax filing deadline to May 17th, 2021. What this means for you: Federal deadline will move from April 15th to May 17th. States will soon follow. If you owe on 2020 taxes, payments will now be due May 17th If you owe quarterly estimates...

Important Tax Legislation Changes

It’s not often that I find myself feeling sorry for the IRS, but life is a little tough for the IRS right now. Congress has enacted several new tax law changes in the past couple months and the IRS is implementing these and working hard to help you. The list of...