Blog
The IRS started this tax season with an enormous backlog of tax returns from 2020. While it’s pretty common for them to have some kind of backlog at the beginning of a new tax season, it usually consists of about a million unprocessed returns. This year, they started with a backlog of roughly six mi...
Most people know what forms to expect from the IRS each year, but this tax season, you’ll probably be getting a brand-new tax form in the mail. It’s called Letter 6419, and it’s important that you hang onto it, along with all your other tax forms, to assist you with filing your tax return. Here’s wh...
Most people know what forms to expect from the IRS each year, but this tax season, you’ll probably be getting a brand-new tax form in the mail. It’s called Letter 6419, and it’s important that you hang onto it, along with all your other tax forms, to assist you with filing your tax return. Here’s wh...
The American Rescue Plan that was passed in March of 2021 included a change to how income received via PayPal, Venmo, and other payment apps will be reported to the IRS. In today’s digital world, millions of people—including both individuals and businesses—rely on these apps to make and receive paym...
The American Rescue Plan that was passed in March of 2021 included a change to how income received via PayPal, Venmo, and other payment apps will be reported to the IRS. In today’s digital world, millions of people—including both individuals and businesses—rely on these apps to make and receive paym...
With 2021 drawing to a close, it’s time to start thinking about what the New Year will bring. One thing’s for certain: It’ll bring tax season, and probably much sooner than you think. While every year tends to bring some minor changes to tax law, this year has three major differences that everyone s...
With 2021 drawing to a close, it’s time to start thinking about what the New Year will bring. One thing’s for certain: It’ll bring tax season, and probably much sooner than you think. While every year tends to bring some minor changes to tax law, this year has three major differences that everyone s...
If you’re scrambling to file your return in the next few days, we have some good news for you: You may have more time than you think. The IRS has pushed the 2021 tax deadline back a month for individuals, but since May 15th lands on a Saturday, it’s being further extended to the following Monday, Ma...
If you’re scrambling to file your return in the next few days, we have some good news for you: You may have more time than you think. The IRS has pushed the 2021 tax deadline back a month for individuals, but since May 15th lands on a Saturday, it’s being further extended to the following Monday, Ma...