PFI newsletter: Your guide to tax season 2021
Firstly, youll get your refund sooner. Secondly, filing close to the tax-season start date shortens the window of opportunity for an identity thief to file a fake return in your name. Lastly, its looking like the next round of stimulus checks โ while not official yet โ will allow 2020 income to be used for eligibility. If you lost your job or took a pay cut last year, its a good idea to report the lower income ASAP to the IRS in the event you qualify for more aid. Your tax situation may loo...
Source: businessinsider.com