Tax Blog

Tips to help you prepare for tax season

The latest tax tips and news from Bollie Lee Jarratt, Jr., CPA

IRS Readies Nine Million Letters to Non-Filers on EIPs

IRS Readies Nine Million Letters to Non-Filers on EIPs

Some nine million letters are being sent later this month in a special mailing to people who haven’t had a need to file a tax return but may qualify for a Economic Impact Payment (EIP).… Read more about IRS Readies Nine Million Letters to Non-Filers on EIPs (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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New Extension Deadline for Oregon Wildfire Victims

New Extension Deadline for Oregon Wildfire Victims

Many Oregon taxpayers are dealing with the damage caused by recent wildfires and severe storms. While victims have been forced to flee their homes beneath a smoky, orange sky, at least they have one less thing to worry about: The looming October 15 tax extension deadline.… Read more about New Extension Deadline for Oregon Wildfire Victims (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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IRS OKs Temporary Use of e-Signatures on Certain Forms

IRS OKs Temporary Use of e-Signatures on Certain Forms

The Internal Revenue Service has approved the use of e-signatures on certain forms that can’t be filed electronically. The move comes in response to the coronavirus pandemic, in order to protect the health of taxpayers and tax pros alike.… Read more about IRS OKs Temporary Use of e-Signatures on Certain Forms (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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50,000 to Get “Catch-Up” Economic Impact Payments

50,000 to Get “Catch-Up” Economic Impact Payments

Some 50,000 individuals who had a portion of their Economic Impact Payment diverted to pay their spouse’s past-due child support will soon get a check to make up the difference.… Read more about 50,000 to Get “Catch-Up” Economic Impact Payments (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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Aug. 31 is the Deadline to Return Distributions to Retirement Accounts

Aug. 31 is the Deadline to Return Distributions to Retirement Accounts

IRA owners, beneficiaries and workplace retirement plan participants who got a Required Minimum Distribution (RMD) this year have until Aug. 31 to rollover or repay the distribution in order to avoid being taxed on the payments.… Read more about Aug. 31 is the Deadline to Return Distributions to Retirement Accounts (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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