09
2020
Reminder to all taxpayers: Gift cards are not used to make tax payments
Reminder to all taxpayers: Gift cards are not used to make tax payments | Internal Revenue Service https://bit.ly/2UbLuIa
05
2020
IRS provides tax inflation adjustments for tax year 2021
IRS provides tax inflation adjustments for tax year 2021 | Internal Revenue Service https://bit.ly/2HVREJi
03
2020
02
2020
2021 Federal gift and estate tax exemption
The 2021 federal gift and estate tax exemption will be increasing by $120,000 to $11,700,000. The amount currently is $11,580,000. The Tax Cuts and Jobs Act doubled the exemption base amount from $5 million to $10 million, with the amount indexed for inflation. Be aware that although the doubled amount will continue to be adjusted annually for inflation, it expires after 2025. Without further legislation, the gift and estate tax exemption will return to an inflation-adjusted $5 million in 2026.
23
2020
Keep Economic Impact Payment notice with other tax records
Keep Economic Impact Payment notice with other tax records | Internal Revenue Service https://bit.ly/2Yr8gyv
18
2020
Returning an Economic Impact Payment
Returning an Economic Impact Payment | Internal Revenue Service https://bit.ly/30SOYnc
08
2020
IRS warns against COVID-19 fraud
IRS warns against COVID-19 fraud; other financial schemes | Internal Revenue Service https://bit.ly/3h6fOht
14
2020
Be wary of charity requests in wake of COVID-19
Be wary of charity requests in wake of COVID-19 https://bit.ly/2Z5KrNo
04
2020
VA and SSI recipients act now to add eligible children to Economic Impact Payment
VA and SSI recipients act now to add eligible children to Economic Impact Payment | Internal Revenue Service https://bit.ly/3aZgvVp
13
2020
AZ Clients REMINDER
April 15, 2020 DUE DATE FOR AZ Tax Credits and 1st Quarter Estimates