by Weco Business Services | Nov 26, 2021 | Tax Tips and News
The Internal Revenue Service is making a pitch about the Advance Child Tax Credit payments that smacks of the spiel for sale pricing from used car dealers: “When it’s gone, it’s gone!” The IRS—thankfully minus the loud plaid sport coat—says after November 29,...
by Weco Business Services | Nov 24, 2021 | Tax Tips and News
The Internal Revenue Service is pushing out more information for taxpayers interested in the Child Tax Credit and its advance payments. The IRS has updated its online list of frequently asked questions, or FAQs, for the 2021 Child Tax Credit and the Advance Child Tax...
by Weco Business Services | Nov 24, 2021 | Tax Tips and News
As the economy warms up in recovery mode, inflation starts to raise its ugly head. Everything—from baby food to new cars—costs more. To keep up, the Internal Revenue Service has to update its tax processes and forms to adjust for inflation. So, the IRS has released...
by Weco Business Services | Nov 24, 2021 | Tax Tips and News
The Internal Revenue Service is doing a little extra to help those taxpayers who have suffered from the wildfires in California. The agency is pushing back the deadlines for filing and paying various individual tax returns to January 3. The deadlines were originally...
by Weco Business Services | Nov 24, 2021 | Tax Tips and News
The Internal Revenue Service says tax professionals spoke—and the agency listened. After getting comments from tax pros, the IRS has now increased the number of transcripts a professional preparer can get on any one client. The previous limit was 10 transcripts for a...
