Tax News

The Government Accountability Office (GAO) reports that almost half a million taxpayers did not receive their entire stimulus payment amounts due to distributing complications related to those who have dependents but filed simple/stimulus tax returns. They also report that the IRS had challenges contacting individuals who do not usually file tax returns, as well as those […]

Sample 2′ The pandemic year of 2020 was a doozy. Besides affecting the health, jobs, home lives and psyches of millions of Americans, the pandemic may also have consequences for your tax bill. Three giant legislative packages extended different types of coronavirus-related relief, including two rounds of stimulus checks, expanded unemployment benefits and a series of tax breaks.