TAX SEASON 2021

Tax season 2021: when to expect a refund and how to track it

Now that tax season has arrived, it's time to start tracking where your refund will be after filing your tax return. CNET explains how to do this. You will be able to track your tax refund status as early as 24 hours after you file your tax return ...

Tax season 2021: what in your tax return might alert the IRS

This tax season can be challenging. Experts say that in addition to figuring out how coronavirus financial aid could affect tax refunds, more taxpayers will make mistakes and receive audit notices from the IRS. In some cases, this may mean ...

IRS Starts Accepting Tax Returns for 2020: Timing, Deductions and Details to Know

The unprecedented events of 2020 have changed life as much as we knew it. And many of the changes and shocks of the past year have brought about changes in your tax returns. Due to the COVID-19 crisis, there are many new and revised regulations and important dates, about ...

New Rule Could Provide Greater Tax Refunds: What You Need to Know

In November 2020, a non-profit group called the Commonwealth raised the alarm. The fact is that many families faced with unemployment during the pandemic can expect unpleasant surprises in the tax season. According to the analysis, they risk losing up to 80% of their tax refunds. More ...

New payments in connection with COVID-19: why you should rush to filing a declaration for 2020

On Friday morning, February 5, the Senate approved a budget resolution that would allow President Joe Biden to pass a $ 1,9 trillion aid package without Republican support. But lawmakers agreed to limit the number of people who can receive a check for $ 1400 and indicated that ...

Tax season is approaching: what you need to know

The U.S. Internal Revenue Service (IRS) will begin accepting returns for 2020 on February 12. We will tell you what you need to do to submit your tax return on time and without errors. Check if you received income documents In January or February you should receive forms, ...

How to claim quarantine financial aid when filing a tax return for 2020

With tax season approaching, those who have not received their financial assistance due to COVID-19 or who think the IRS paid the wrong amount can finally take action to get the money they owe. How to do this, told CNBC. ...

Financial aid in connection with coronavirus and taxes: what you need to know in 2021

Millions of US residents are still waiting for the first or second financial aid payment in connection with the coronavirus, while the Senate continues to negotiate a third. The US Internal Revenue Service (IRS) does not consider this money taxable income, reminds CNBC. Filing a tax return in this ...

Tax season 2021: key dates and IRS recommendations

The Internal Revenue Service (IRS) announced on its official website that the country's tax season will begin on February 12, 2021, when the agency will begin accepting and processing returns for the 2020 tax year. Season start date for individual tax filers ...

Some taxpayers are in for a nasty surprise in 2021

The coronavirus pandemic has triggered a massive unemployment crisis in the United States. Although the unemployment rate has dropped since hitting an all-time high in April, millions of Americans are still out of work and rely on benefits to pay their bills. But it is these workers who can wait ...

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