Tax Blog

Tips to help you prepare for tax season

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

IRS Announces Increase in Interest Rates

IRS Announces Increase in Interest Rates

Judging from the likes of food, gasoline and other staples, it should come as no surprise that the Internal Revenue Service is revising its interest rates, starting in the second quarter of this year.… Read more about IRS Announces Increase in Interest Rates (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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IRS Offers Guidance for Parents Who Share Custody

IRS Offers Guidance for Parents Who Share Custody

A lot has been said and written recently about the various credits put forth to counter the economic effects of the pandemic and how they affect parents’ tax liabilities.… Read more about IRS Offers Guidance for Parents Who Share Custody (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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Farmers, Fishers Face March 1 Tax Deadline

Farmers, Fishers Face March 1 Tax Deadline

The Internal Revenue Service doesn’t want the March 1 tax deadline for farmers and fishermen to be “the one that got away.”… Read more about Farmers, Fishers Face March 1 Tax Deadline (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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IRS Warns Tax Pros About Spear-Phishing Scams

IRS Warns Tax Pros About Spear-Phishing Scams

Phishing emails are a common threat found in your inbox. While these scams range from too-good-to-be-true business opportunities to aggressive threats from “government agencies,” one specific… Read more about IRS Warns Tax Pros About Spear-Phishing Scams (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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IRS Higher Education Emergency Grants FAQs Updated

IRS Higher Education Emergency Grants FAQs Updated

The Internal Revenue Service wants college students to be a little smarter when it comes to their scholarships and any emergency grants they may have gotten due to the pandemic.… Read more about IRS Higher Education Emergency Grants FAQs Updated (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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IRS Announces Suspension of Some Letters

IRS Announces Suspension of Some Letters

The Internal Revenue Service has come to the conclusion that the agency has more on its to-do list than it can get done at one time. Something, they found, had to be “put on the back burner.”… Read more about IRS Announces Suspension of Some Letters (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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