by Lisa Monk & Associates LLC | Feb 20, 2021 | Tax Tips and News
Tax professionals across the country have undoubtedly served clients who lost health insurance due to layoffs, a reduction in work hours, or another issue stemming from the coronavirus pandemic. The one-two punch of reduced income and possible uninsured medical...
by Lisa Monk & Associates LLC | Feb 19, 2021 | Tax Tips and News
The Internal Revenue Service says, as required by law, it has issued all the first and second round Economic Impact Payments (EIPs) that were legally permitted. So, the IRS is now turning its full attention to the 2021 filing season. Beginning in April of 2020, the...
by Lisa Monk & Associates LLC | Feb 16, 2021 | Tax Tips and News
Filing season is finally here and for many tax professionals, the watchwords are speed and accuracy. The Internal Revenue Service says it can help with both. The IRS is urging tax pros—and taxpayers—to take the simple steps needed to help ensure their returns are...
by Lisa Monk & Associates LLC | Feb 14, 2021 | Tax Tips and News
Today marks the official start of filing season, meaning millions of taxpayers across the country are starting to gather tax-related documents ahead of a visit with their tax preparer. For their part, the Internal Revenue Service is hard at work providing helpful tips...
by Lisa Monk & Associates LLC | Feb 13, 2021 | Tax Tips and News
Tax professionals across the country are being warned by the Internal Revenue Service, state tax agencies and the tax industry to be on the lookout for a new scam to steal their Electronic Filing Identification Numbers (EFINs). Security Summit partners say this new...