IRS

January 4, 2022

Are You Eligible for a Medical Expense Tax Deduction?

Are You Eligible for a Medical Expense Tax Deduction? You may pay out a bundle in out-of-pocket medical costs each year. But can you deduct them […]
January 5, 2022

IRS News: Information Letters to Advance Child Tax Credit Recipients

IRS News: Information Letters to Advance Child Tax Credit Recipients (via National Society of Accountants) IRS issues information letters to Advance Child Tax Credit recipients and […]
January 8, 2022

Economic Impact Payment Letter Can Help with the Recovery Rebate Credit

Economic Impact Payment Letter Can Help with the Recovery Rebate Credit (via National Society of Accountants) The IRS will begin issuing Letter 6475, Your Third Economic […]
January 10, 2022

Businesses with Employees Who Receive Tips May Be Eligible for a Tax Credit

Businesses with Employees Who Receive Tips May Be Eligible for a Tax Credit If you’re an employer with a business where tipping is customary for providing […]