by One Hour Tax Service | Oct 13, 2021 | Tax Tips and News
The Internal Revenue Service this week told “non-traditional families” that they could also qualify for advance payments of the Child Tax Credit. Family representatives, the IRS urges, should check their eligibility, whether they are parents, grandparents,...
by One Hour Tax Service | Oct 12, 2021 | Tax Tips and News
The last part of the year is traditionally a good time for taxpayers to check their withholding levels for the upcoming new year. That’s why the Internal Revenue Service recently issued a friendly reminder. With 2021 going by like a runaway train, it’s easy to...
by One Hour Tax Service | Oct 8, 2021 | Tax Tips and News
Millions of families have been receiving monthly advance payments of the Child Tax Credit. Provided by the American Rescue Plan that was passed earlier this year, these payments have been going to eligible households since July. As with any tax-related change,...
by One Hour Tax Service | Oct 7, 2021 | Tax Tips and News
Everyone likes more choices nowadays, and the Internal Revenue Service is set to deliver. They’re serving up a batch of new self-study seminars for tax professionals. Eighteen new seminars—recorded in July and August as part of the 2021 Nationwide Tax Forum –...
by One Hour Tax Service | Oct 6, 2021 | Tax Tips and News
Taxpayers with foreign bank or financial accounts are being reminded that time is running out to file the yearly report of their holdings. The annual Report of Foreign Bank and Financial Accounts (FBAR) is due on Oct. 15. The deadline applies to any U.S. citizens,...
