January 17, 2021
The Covid / Coronavirus stimulus payments you received will NOT affect your tax refund. Here's a chart that shows estimated dates for income tax refunds in 2021. File early and use Direct Deposit to get it faster.
January 1, 2021
The second round of Coronavirus stimulus payments, $600 for most taxpayers, have started being processed, the U.S. Treasury Department has announced. People could receive them as early as Wednesday, Dec. 30, 2020.
December 28, 2020
Stimulus payments are just part of it. Also: more unemployment, PPP, EIDL loans, Employee Retention Credit, EIC, CTC, eviction moratorium, and more.
December 1, 2020
Most Americans who are expecting an income tax refund receive it by direct deposit in as little as 2 weeks, although it can take longer during the peak of the filing season, which starts in late March. So it's a good idea to e-file your tax return as ...
November 25, 2020
The CARES Act includes several temporary tax changes helping charities, including the special $300 deduction designed especially for people who choose to take the standard deduction, rather than itemizing their deductions.
October 9, 2020
COVID-19 brought financial challenges to much of the public and forced companies to reimagine how business is done. Congress responded with generous relief, much of which runs through the tax code.
September 23, 2020
Small Business Week, Sept. 22-24 is a good time for individuals to consider taking the home office deduction if they qualify. The benefit may allow taxpayers working from home to deduct certain expenses on their tax return.
September 8, 2020
The letters are being sent to people who haven’t filed a return for either 2018 or 2019. Based on an internal analysis, these are people who don’t typically have a tax return filing requirement because they appear to have very low incomes, based on ...
August 31, 2020
Victims of Hurricane Laura that began Aug. 22 now have until Dec. 31, 2020, to file various individual and business tax returns and make tax payments, the Internal Revenue Service has announced.
July 23, 2020
Instead of a payroll tax cut, the GOP will now back $1,200 checks for individuals who make up to $75,000 a year, exactly as in the March stimulus bill. Mnuchin said that would get money into the economy faster than cutting the payroll tax, which would ...
July 14, 2020
Due to the coronavirus pandemic, taxpayers have until the postponed due date of July 15, 2020, to file their taxes this year. But if they can't make this deadline, they can receive an extension that gives taxpayers until Oct. 15 to file, but taxes owed ..
July 14, 2020
A general guideline based on IRS information and data from previous years, to help taxpayers estimate when they might receive their refund. We've updated our calendar this year to show estimated refund dates for those who filed later than ...