Another tax filing season is upon us! The Internal Revenue Service began accepting and processing 2021 returns on Monday, January 24, 2022.
Taxpayers who received advance payments of the Child Tax Credit will receive a Letter 6419. According to the IRS website, Letter 6419 will include important details, such as the total amount of [...]
The IRS is continuously adding and modifying regulations and guidance for taxpayers. One such updated legislation was a temporary, 100% deduction for business meal expenses. As part of the [...]
The 2021 Advance Child Tax Credit Payments have garnered a lot of attention (and questions) over the last several weeks.