The Internal Revenue Service announced it is providing transition relief to certain employers claiming the Work Opportunity Tax Credit (WOTC).
Month: August 2021
The advance child tax credit allows qualifying families to receive early payments of the tax credit many people may claim on their 2021 tax return during the 2022 tax filing season.
Small business owners, self-employed people, and some wage earners should look into whether they should make estimated tax payments this year.
Individual Retirement Arrangements, or IRAs, provide tax incentives for people to make investments that can provide financial security for their retirement.
The IRS issued further guidance on the Employee Retention Credit. This includes guidance for employers who pay qualified wages after June 30, 2021, and before January 1, 2022, and guidance on miscellaneous issues that apply to the employee retention credit in both 2020 and 2021.
Taxpayers Can Protect Themselves From Scammers by Knowing How the IRS Communicates
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