by Lisa Monk & Associates LLC | Jun 13, 2021 | Tax Tips and News
The Internal Revenue Service says it sent out millions of additional American Rescue Plan (ARP) payments to taxpayers in just a two-week period, pushing the total number of payments issued under the new law to just under 170 million. The IRS teams with the Department...
by Lisa Monk & Associates LLC | Jun 13, 2021 | Tax Tips and News
The Internal Revenue Service says it sent out millions of additional American Rescue Plan (ARP) payments to taxpayers in just a two-week period, pushing the total number of payments issued under the new law to just under 170 million. The IRS teams with the Department...
by Lisa Monk & Associates LLC | Jun 11, 2021 | Tax Tips and News
Congress has passed a number of coronavirus relief packages throughout the pandemic. While the three rounds of Economic Impact Payments are the most famous provision of those legislative efforts, they were technically an advance on the new Recovery Rebate Credit....
by Lisa Monk & Associates LLC | Jun 10, 2021 | Tax Tips and News
It may seem that we just got through with the 2021 income tax season, but there’s already another tax deadline waiting in the wings. The Internal Revenue Service is reminding taxpayers who pay estimated taxes about their second-quarter installment deadline: June 15....
by Lisa Monk & Associates LLC | Jun 9, 2021 | Tax Tips and News
Millions of Americans paid taxes on their unemployment compensation before learning that an exclusion was introduced by legislation a month into filing season. So, the Internal Revenue Service is now sending some of those taxpayers a refund to satisfy the new law....