Tax Blog

Tips to help you prepare for tax season

The latest tax tips and news from Nxtgen Tax & Financial Services LLC

2020 Recovery Rebate Credit FAQs Updated Again

2020 Recovery Rebate Credit FAQs Updated Again

The Internal Revenue Service wants taxpayers to know it has revised some of the frequently asked questions (FAQs) surrounding the Recovery Rebate Credit for a second time.The newly updated information… Read more about 2020 Recovery Rebate Credit FAQs Updated Again (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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IRS Says Some Refunds Take More Than 21 Days

IRS Says Some Refunds Take More Than 21 Days

For millions of American taxpayers, the foremost question in their minds during tax season is how long it will take to get their refund.… Read more about IRS Says Some Refunds Take More Than 21 Days (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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FBAR Deadline is April 15

FBAR Deadline is April 15

Those who own or control financial or bank accounts that are in a foreign country have some reporting to do, and soon. They have to file an annual Report of Foreign Bank and Financial Accounts—also known as the FBAR—on or before April 15.… Read more about FBAR Deadline is April 15 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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IRS Sends EIP3 Letters

IRS Sends EIP3 Letters

Now that the Internal Revenue Service has mailed Letters 6475 to all the taxpayers who got third-round Economic Impact Payments (EIPs), there’s only one door left open to those who didn’t get the full… Read more about IRS Sends EIP3 Letters (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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