by Noreen Spiegel, CPA PC | Jan 26, 2022 | Tax Tips and News
Much attention has been given lately to the Child Tax Credit and its advance payments. But another credit is available if the taxpayer’s dependents aren’t their children. This credit is for other dependents other than children. Unlike the Child Tax Credit, the credit...
by Noreen Spiegel, CPA PC | Jan 25, 2022 | Tax Tips and News
It’s official: the gates are open; the race is on. Tax season for 2022 is officially underway. The IRS kicked off this year’s filing season urging taxpayers to help them get refunds out faster this year by not filing paper tax returns and instead filing...
by Noreen Spiegel, CPA PC | Jan 22, 2022 | Tax Tips and News
Millions of Americans are preparing to get their income tax returns in order for the 2021 tax year. While many are mostly concerned about getting their returns in on time, they should also be thinking about filing a correct return. Most often, it’s the simple tax...
by Noreen Spiegel, CPA PC | Jan 21, 2022 | Tax Tips and News
The Internal Revenue Service wants employers to know the clock is ticking, and to get their Forms W-2 and other wage statements to the government very soon. The deadline is January 31. As of 2015, employers are required by law to get their Forms W-2, Wage and Tax...
by Noreen Spiegel, CPA PC | Jan 20, 2022 | Tax Tips and News
With tax time’s arrival, those Americans who don’t normally have to file an income tax return usually think their circumstances mean they have no benefit to filing a return. This year, however, could be very different. Credits can make it happen. The individual’s...
by Noreen Spiegel, CPA PC | Jan 14, 2022 | Tax Tips and News
The Internal Revenue Service says it has updated the online frequently asked questions (FAQs) for the 2021 Child Tax Credit and the Advance Child Tax Credit. The objective, the agency says, is to help qualified taxpayers to claim the credit properly on their 2021...
