by Livingston Taxes | Oct 14, 2021 | Tax Tips and News
The Internal Revenue Service this week told “non-traditional families” that they could also qualify for advance payments of the Child Tax Credit. Family representatives, the IRS urges, should check their eligibility, whether they are parents, grandparents,...
by Livingston Taxes | Oct 13, 2021 | Tax Tips and News
The last part of the year is traditionally a good time for taxpayers to check their withholding levels for the upcoming new year. That’s why the Internal Revenue Service recently issued a friendly reminder. With 2021 going by like a runaway train, it’s easy to...
by Livingston Taxes | Oct 8, 2021 | Tax Tips and News
Millions of families have been receiving monthly advance payments of the Child Tax Credit. Provided by the American Rescue Plan that was passed earlier this year, these payments have been going to eligible households since July. As with any tax-related change,...
by Livingston Taxes | Oct 7, 2021 | Tax Tips and News
Everyone likes more choices nowadays, and the Internal Revenue Service is set to deliver. They’re serving up a batch of new self-study seminars for tax professionals. Eighteen new seminars—recorded in July and August as part of the 2021 Nationwide Tax Forum –...
by Livingston Taxes | Oct 6, 2021 | Tax Tips and News
Taxpayers with foreign bank or financial accounts are being reminded that time is running out to file the yearly report of their holdings. The annual Report of Foreign Bank and Financial Accounts (FBAR) is due on Oct. 15. The deadline applies to any U.S. citizens,...
by Livingston Taxes | Oct 5, 2021 | Tax Tips and News
Much has been made recently of the Child Tax Credit. And what’s not to like? This refundable credit could be worth thousands of dollars in refund and recent legislation allows advance payments to qualified taxpayers. But what if a taxpayer’s dependents just don’t...
