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Many Families with Children to Get Monthly Payment of Refundable Child Tax Credit
Monthly Child Tax Credits Payments to Start July 15 The Internal Revenue Service has started sending letters to more than 36 million American families who, based on tax returns filed with the agency, may be eligible to receive monthly Child Tax Credit payments...
Important Reminder About Estimated Quarterly Tax Payments
The second quarter Federal and State estimated tax deadline is quickly approaching! The due date is June 15, 2021. Please be sure to submit your payments on time to avoid penalties. As we previously communicated to you, the IRS has announced that certain...
What Someone Should Do If They Missed The May 17 Deadline To File And Pay Taxes
The federal income tax deadline has passed for most individual taxpayers. However, some haven’t filed their 2020 tax returns or paid their tax due. If an individual taxpayer is owed a refund, there’s no penalty for filing late. On the other hand, tax owed and not...
IRS Begins Correcting Tax Returns For Unemployment Compensation Income Exclusion
WASHINGTON – The Internal Revenue Service will begin issuing refunds this week to eligible taxpayers who paid taxes on 2020 unemployment compensation that the recently-enacted American Rescue Plan later excluded from taxable income. The IRS identified over 10 million...
Tax Filing Season Reminder: An Extension To File Is Not An Extension To Pay Taxes
For most individual taxpayers the tax filing and payment deadline was postponed to May 17. Those who need more time to file beyond the postponed date, can request an extension to file. Taxpayers must request an extension to file by May 17, or they may face a...
Voted Best Accountant, Financial Planner & Insurance Agency in Wrentham 2011-2020 & Regional Favorite 2016-2020
Voted 2022 Local Businessperson of the Year in Wrentham by Alignable
Voted 2020-2021 Local Businessperson of the Year in Wrentham by Alignable
Voted Top 31 Insurance Agency in Providence RI Area
