IRS – the U.S. government agency responsible for tax collection and tax law enforcement, has decided according toAP, to release overdue economic stimulus checks to couples whose names do not match. When a couple marries and a spouse, usually the woman – changes names, the couple is suppose...
President Joe Biden’s Internal Revenue Service (IRS) gave a huge number of prison inmates at least $1.3 billion in COVID-19 stimulus checks, the Washington Free Beacon reported. There are more than 1.1 million incarcerated individuals who took in the stimulus money, according to IRS data prov...
During the pandemic, we began requiring all clients to submit a copy of their IRSAccount Transcriptalong with their Tax Organizer and other annual tax prep documentation. Initially, this was to confirm the amounts of stimulus payments and child tax credit payments. But what we found was that i...
This has been an abysmal process. To start off, the IRS still has not provided me with my 3rd stimulus check and my taxes were filed and accepted on April 14, 2021. Status is still in processing. This is ridiculous. When the government wants their money, they go after you, but when ...
The delay of tax season is due to the second round of stimulus checks, giving the IRS more time for programming and testing of systems. The second round of Economic Impact Payments and other benefits included tax law changes. Without the correct programming in place, there could be a delay ...
Remember, you're giving considerable permission to your designee, so it's essential to take caution. Ensure that they fully understand their responsibilities and can handle the role effectively. Once your application is approved and you have received your EIN, the th...
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