by Dave Hooper | Jul 2, 2021 | Articles, Individuals, Tax Representation
The IRS is Resuming Collection & Enforcement Activities That Were Paused During COVID-19 The IRS is reporting that it is resuming “certain collection and enforcement processes that had been suspended because of the coronavirus pandemic.” On June 15, 2021, this...
by Dave Hooper | Jun 30, 2021 | Business Services, Individuals
July 2021 Individual Due Dates July 1 – Time for a Mid-Year Tax Check-Up Time to review your 2021 year-to-date income and expenses to ensure estimated tax payments and withholding are adequate to avoid underpayment penalties. July 12 – Report Tips to...
by Dave Hooper | Jun 28, 2021 | Individuals, Tax Preparation
Haven’t Received Your Tax Refund Yet? Article Highlights Slow Refunds COVID-19 Economic Impact Payments Recovery Rebates Unemployment Debacle Using 2019 Income to Compute 2020 EITC and Additional Child Tax Credit Other Issues Where’s My Refund Tool IRS May Pay...
by Dave Hooper | Jun 23, 2021 | Articles, Individuals, Tax Representation
Don’t Lose Your Passport Because of Unpaid Federal Debt Article Highlights: Notice CP508C Seriously Delinquent Tax Debt State Department Certification Passport Restrictions Lifting Restrictions Overseas When Restrictions Applied The IRS has begun issuing notice CP508C...
by Dave Hooper | Jun 11, 2021 | Articles, Individuals, Tax Preparation
Unpaid Debt Taking Your Tax Refund? Article Highlights: Bureau of the Fiscal Service Allowable Refund Offsets Disputing an Offset Injured Spouse Claim We all look forward to receiving our tax refunds, but what if you were expecting a refund and it never arrived? It...
by Dave Hooper | Jun 10, 2021 | Articles, Individuals, Tax Preparation
Did You File Before Congress Passed the Unemployment Tax Exclusion? Here is How the IRS is Handling the Situation Article Highlights: American Rescue Plan Act Unemployment Income Exclusion Early Filers IRS Automatic Adjustment Refund Schedule Method of Payment Refund...
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