Married filing jointly taxpayers need to look out for this IRS payment SNAFU
If the 'secondary' spouse makes a balance-due payment to the IRS, it may not get credited to their account.
Source: accountingtoday.com
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Tax compliance and controversies on the rise
The pandemic and new IRS priorities are creating new opportunities for practitioners.
Source: accountingtoday.com
Child Tax Credit expansion creates refund roller coaster
Many people will see their refunds reduced or even eliminated, while others will get a windfall.
Source: politico.com
Advance Child Tax Credit filing confusion cleared up
The processing of tax returns hasn’t been normal for a few years now. And it’s not getting back on track this filing year either. There are changes, hiccups, and so many problems.
Source: fox5atlanta.com
The big comeback: Tax pros look at returning to the office
Whether and how to bring staff and clients back into one place elicits mixed feelings from practitioners.
Source: accountingtoday.com