by Lisa Monk & Associates LLC | Jan 30, 2021 | Tax Tips and News
For some time now, Internal Revenue Service Commissioner Chuck Retting has been declaring 2021 as the year his agency transforms the user experience of the American taxpayer. Now, the agency has taken concrete steps in that direction. The IRS has created a new...
by Lisa Monk & Associates LLC | Jan 28, 2021 | Tax Tips and News
Small and midsize companies have been particularly hard hit over the past year by COVID-19. And while those employers been stretched to their limits by paying out large sums for sick leave and family leave due to the pandemic, some help is available. The Families...
by Lisa Monk & Associates LLC | Jan 27, 2021 | Tax Tips and News
The Department of Labor reported a staggering 75.9 million initial unemployment insurance benefits claims from January 5, 2020 to January 2, 2021. The number of weekly claims spiked in March, underscoring the devastating financial impact of the COVID-19...
by Lisa Monk & Associates LLC | Jan 26, 2021 | Tax Tips and News
No matter what strategy taxpayers use to get their income taxes filed, gathering critical documents now can help make this tax season headache-free. No matter whether taxpayers do their own taxes or employ the services of a tax professional, rounding up necessary...
by Lisa Monk & Associates LLC | Jan 23, 2021 | Tax Tips and News
The Internal Revenue Service closed out the week by reminding taxpayers that receiving a tax refund by direct deposit is faster and more flexible than traditional paper checks, even for those who do not currently have a bank account. To help convince the remaining 20...