by ezTaxReturn Expert Staff | Oct 28, 2021 | Tax Tips & Planning
Reading Time: 3 minutesBecause of the pandemic, the last two tax seasons have been anything but normal. Stimulus payments were haphazard and confusing, there were numerous tax law changes, the filing deadline was extended, and millions of taxpayers experienced refund...
by ezTaxReturn Expert Staff | Aug 24, 2021 | Tax Tips & Planning
Reading Time: 2 minutesBetween tuition, books, housing, and transportation, going to college is expensive. The good news is your education expenses can make you eligible for a money-saving education tax credit when you file in 2022. Tax credits reduce the amount of...
by ezTaxReturn Expert Staff | Aug 3, 2021 | Tax Tips & Planning
Reading Time: 2 minutesThe IRS will be issuing advance payments of the child tax credit through December. Eligible families will receive $300 per child aged 5 and under or $250 per child aged 6-17. While some taxpayers are welcoming the payments with open arms,...
by ezTaxReturn Expert Staff | Aug 3, 2021 | Tax Tips & Planning
Reading Time: 2 minutesStill waiting on your tax refund? Unfortunately, you’re not alone. According to the National Taxpayer Advocate Service the IRS had a backlog of 35 million unprocessed returns as of last month. As a result, it’s taking a lot longer than the...
by ezTaxReturn Expert Staff | Jul 1, 2021 | Tax Tips & Planning
Reading Time: 3 minutesThe American Rescue Plan was created to provide relief to millions of Americans. It provided stimulus payments, lower health insurance premiums and several tax law changes which will impact your return when you file next year. Here...
by ezTaxReturn Expert Staff | Jul 1, 2021 | Tax Tips & Planning
Reading Time: 2 minutesStarting July 15th, families with qualifying dependents will begin receiving advance monthly payments of the Child Tax Credit. You’ll receive half of your estimated credit between July and December, then the rest when you file your tax return...