by Lisa Monk & Associates LLC | May 29, 2021 | Tax Tips and News
The Internal Revenue Service is willing to stay the course on interest rates, announcing rates for the third quarter of 2021 will be just the same as the previous two quarters. The Internal Revenue Code mandates the rate of interest to be determined on a quarterly...
by Lisa Monk & Associates LLC | May 26, 2021 | Tax Tips and News
Spring has sprung. Income tax filing season is over, and that means it’s time to get ready for the annual Virtual Nationwide Tax Forum. This year’s event will be held over five weeks, with live-streamed seminars three days each week. The Nationwide Tax Forum is the...
by Lisa Monk & Associates LLC | May 25, 2021 | Tax Tips and News
The loss of health insurance is a major concern for the millions of Americans who have filed for unemployment throughout the pandemic. While COBRA continuation coverage can help bridge the gap between jobs, former employers generally are not required to pay part of...
by Lisa Monk & Associates LLC | May 22, 2021 | Tax Tips and News
The deadline for filing income taxes came and went on May 17, but that’s no reason to think the filing door is completely shut. Taxpayers who owe tax due but didn’t request an extension should file now to keep their penalties and interest to a minimum. Even if...
by Lisa Monk & Associates LLC | May 20, 2021 | Tax Tips and News
A provision of the American Rescue Plan is being readied for action, targeting nearly 90 percent of American households with children to receive monthly payments of the Child Tax Credit. The Internal Revenue Service and the Department of the Treasury expect to send...
