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Unpaid Debt Taking Your Tax Refund? 

Unpaid Debt Taking Your Tax Refund? 

by PTF | Jun 11, 2021 | Articles, Individuals, Tax Preparation

Unpaid Debt Taking Your Tax Refund?  Article Highlights: Bureau of the Fiscal Service Allowable Refund Offsets Disputing an Offset Injured Spouse Claim We all look forward to receiving our tax refunds, but what if you were expecting a refund and it never arrived?  It...
Did You File Before Congress Passed the Unemployment Tax Exclusion? Here is How the IRS is Handling the Situation 

Did You File Before Congress Passed the Unemployment Tax Exclusion? Here is How the IRS is Handling the Situation 

by PTF | Jun 10, 2021 | Articles, Individuals, Tax Preparation

Did You File Before Congress Passed the Unemployment Tax Exclusion? Here is How the IRS is Handling the Situation  Article Highlights: American Rescue Plan Act Unemployment Income Exclusion Early Filers IRS Automatic Adjustment Refund Schedule Method of Payment Refund...
How Biden’s Proposed American Families Plan Might Affect You

How Biden’s Proposed American Families Plan Might Affect You

by PTF | Jun 9, 2021 | Articles

How Biden’s Proposed American Families Plan Might Affect You Article Highlights: Education Benefits Education, Teachers and Educators Child Tax Credit Child & Dependent Care Tax Credit Earned Income Tax Credit for Childless Workers Paid Family Leave Health...
June 2021 Due Dates for Individuals & Businesses

June 2021 Due Dates for Individuals & Businesses

by PTF | Jun 7, 2021 | Business Services, Individuals, Resource

June 2021 Individual Due Dates June 1 – Final Due Date for IRA Trustees to Issue Form 5498 Final due date for IRA trustees to issue Form 5498, providing IRA owners with the fair market value (FMV) of their IRA accounts as of December 31, 2020. The FMV of an IRA...
Here’s What Happened in the World of Small Business in May 2021

Here’s What Happened in the World of Small Business in May 2021

by PTF | Jun 7, 2021 | Business Services, Articles

Here’s What Happened in the World of Small Business in May 2021 Here are five things that happened this past month that affect your small business. 1) The US Treasury proposed a global minimum corporate tax rate of 15%. Continuing its push for a global minimum tax for...
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      Customers Paying Late? How to Create Statements
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      Here’s how to take a page from the ultra-wealthy playbook and make full use of Roth Individual Retirement Accounts
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