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Bollie Lee Jarratt, Jr., CPA
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Unemployment Recipients May Not Know Their Benefits Are Taxable

by taxPRO Websites Staff | Jan 27, 2021 | Tax Tips and News

The Department of Labor reported a staggering 75.9 million initial unemployment insurance benefits claims from January 5, 2020 to January 2, 2021. The number of weekly claims spiked in March, underscoring the devastating financial impact of the COVID-19 pandemic and...

A Little Preparation Now Means Smooth Tax Filing Later

by taxPRO Websites Staff | Jan 26, 2021 | Tax Tips and News

No matter what strategy taxpayers use to get their income taxes filed, gathering critical documents now can help make this tax season headache-free.… Read more about A Little Preparation Now Means Smooth Tax Filing Later (Feed generated with FetchRSS) – Story...

IRS Recommends Direct Deposit for Fast and Flexible Tax Refunds

by taxPRO Websites Staff | Jan 23, 2021 | Tax Tips and News

The Internal Revenue Service closed out the week by reminding taxpayers that receiving a tax refund by direct deposit is faster and more flexible than traditional paper checks, even for those who do not currently have a bank account.… Read more about IRS Recommends...

All Taxpayers Now Eligible for Identity Protection PINs

by taxPRO Websites Staff | Jan 13, 2021 | Tax Tips and News

The Internal Revenue Service is expanding just who is eligible for an Identity Protection PIN. In fact, the IRS has thrown open the gates and now says any taxpayer who can verify their identity can now get an IP PIN.… Read more about All Taxpayers Now Eligible for...

IRS, Tax Industry Working to Redirect Some EIP Direct Deposits

by taxPRO Websites Staff | Jan 9, 2021 | Tax Tips and News

The Internal Revenue Service this afternoon announced it was working with the tax and financial industry to redirect Economic Impact Payments that were direct deposited in closed, inactive, or “unfamiliar” bank accounts.… Read more about IRS, Tax Industry Working to...
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