by ezTaxReturn Expert Staff | Jun 29, 2021 | Tax Tips & Planning
Reading Time: 2 minutesOnce your tax return has been filed and accepted, it’s only a matter of time before you start wondering how long it’s going to take to get your money. According to the IRS website, most refunds are issued within 21 days of...
by ezTaxReturn Expert Staff | May 27, 2021 | Tax Tips & Planning
Reading Time: 2 minutesSo, Tax Day came and went, and you still haven’t filed, huh? Well brace yourself because you may have some expensive repercussions heading your way. If you owe the IRS and missed the tax deadline, you’ll be penalized for failing to file and...
by ezTaxReturn Expert Staff | Apr 27, 2021 | Tax Tips & Planning
Reading Time: 2 minutesNormally when you receive unemployment compensation the full amount is considered taxable income, but the rules are different this year. The American Rescue Plan included a new unemployment compensation exclusion to give recipients a...
by ezTaxReturn Expert Staff | Apr 27, 2021 | Tax Tips & Planning
Reading Time: 3 minutesThe latest relief bill has expanded the unemployment benefits for millions of Americans who have been out of work since the pandemic began. Self-employed workers and independent contractors don’t qualify for traditional unemployment benefits,...
by ezTaxReturn Expert Staff | Apr 27, 2021 | Tax Tips & Planning
Reading Time: 2 minutesStill missing a stimulus payment? If so, stop waiting and act now. You’re going to need to file your 2020 tax return to get the money you’re owed. The sooner you file, the faster you’ll get paid. Here’s who qualifies and how to claim the...
by ezTaxReturn Expert Staff | Mar 26, 2021 | Tax Tips & Planning
Reading Time: 2 minutesNobody likes to make mistakes, especially when it comes to taxes. But accidents happen. If you didn’t get your return right the first time, you can fix it using Form 1040-x, Amended U.S. Individual Income Tax Return. You must file an amended...