Coronavirus Archives - Page 5 of 23

Expanded Tax Benefits Help Individuals and Businesses Give to Charity During 2021; Deductions Up to $600 Available for Cash Donations by Non-Itemizers
Gallery
Expanded Tax Benefits Help Individuals and Businesses Give to Charity During 2021; Deductions Up to $600 Available for Cash Donations by Non-Itemizers

Charitable Organizations, Coronavirus, IRS, Personal Finance, Personal Taxes, Tax Credits, Tax Deductions, Tax Law Changes, Tax Relief, Tax Tips, Taxes, Year End

Expanded Tax Benefits Help Individuals and Businesses Give to Charity During 2021; Deductions Up to $600 Available for Cash Donations by Non-Itemizers

This article was published by the IRS. The Internal Revenue Service has explained how expanded tax benefits can help both individuals and businesses give to charity before the end of this year. The Taxpayer Certainty and Disaster Tax Relief Act of 2020, enacted last December, provides several provisions to help individuals and businesses who give to [...]

Who Is Eligible for Advance Child Tax Credit Payments?
Gallery
Who Is Eligible for Advance Child Tax Credit Payments?

Child Tax Credit, Coronavirus, IRS, IRS Video, Personal Finance, Personal Taxes, Tax Credits, Tax Law Changes, Tax Relief, Tax Tips, Taxes, Videos, YouTube

Who Is Eligible for Advance Child Tax Credit Payments?

Are you wondering if you're eligible for advance Child Tax Credit (ACTC) Payments? You qualify for ACTC payments if you have a qualifying child. You don't need to have income, and you can qualify even if you don't normally file a tax return. Also, you - or your spouse, if married and filing a joint return [...]

cozbycpa2021-10-18T13:02:57-04:00October 18th, 2021|Categories: Child Tax Credit, Coronavirus, IRS, IRS Video, Personal Finance, Personal Taxes, Tax Credits, Tax Law Changes, Tax Relief, Tax Tips, Taxes, Videos, YouTube|Tags: ACTC, Advance Child Tax Credit Payments, best tax preparers in Plymouth MA, Cozby & Company, CPA Heather Cozby, who is eligible for advance child tax credit payments|

Here’s how a Taxpayer’s Custody Situation May Affect Their Advance Child Tax Credit Payments
Gallery
Here’s how a Taxpayer’s Custody Situation May Affect Their Advance Child Tax Credit Payments

Child Tax Credit, Coronavirus, IRS Video, Personal Taxes, Tax Credits, Tax Law Changes, Tax Tips, Taxes

Here’s how a Taxpayer’s Custody Situation May Affect Their Advance Child Tax Credit Payments

This article was published by the IRS. Parents who share custody of their children should be aware of how the advance child tax credit payments are distributed. It is important to remember that these are advance payments of a tax credit that taxpayers expect to claim on their 2021 tax return. Understanding how the payments work [...]

cozbycpa2021-10-13T12:00:49-04:00October 13th, 2021|Categories: Child Tax Credit, Coronavirus, IRS Video, Personal Taxes, Tax Credits, Tax Law Changes, Tax Tips, Taxes|Tags: ACTC, best tax preparers in Plymouth MA, Cozby & Company, CPA Heather Cozby, how do I split up advance child tax credit payments when there is shared custody, which parent receives advance child tax credit payments in a shared custody situation|

When Will the IRS Issue Advance Child Tax Credit Payments?
Gallery
When Will the IRS Issue Advance Child Tax Credit Payments?

Child Tax Credit, Coronavirus, IRS, IRS Video, Personal Finance, Personal Taxes, Planning Strategies, Tax Credits, Tax Law Changes, Tax Relief, Tax Tips, Taxes, Videos, YouTube

When Will the IRS Issue Advance Child Tax Credit Payments?

Wondering when you'll receive advance Child Tax Credit (ACTC) payments from the IRS? If you're eligible to receive ACTC payments, you can generally expect your monthly installments to be deposited or mailed on the 15th of each month through December 2021. If you prefer not to receive ACTC payments because you'd rather claim the full credit [...]

cozbycpa2021-09-27T16:01:11-04:00September 27th, 2021|Categories: Child Tax Credit, Coronavirus, IRS, IRS Video, Personal Finance, Personal Taxes, Planning Strategies, Tax Credits, Tax Law Changes, Tax Relief, Tax Tips, Taxes, Videos, YouTube|Tags: Advance Child Tax Credit Payments, Cozby & Company, CPA Heather Cozby, when will the IRS issue advance Child Tax Credit payments|

Child Tax Credit: New Update Address Feature Available with IRS Online Portal
Gallery
Child Tax Credit: New Update Address Feature Available with IRS Online Portal

Child Tax Credit, Coronavirus, IRS, Personal Finance, Personal Taxes, Planning Strategies, Tax Credits, Tax Law Changes, Tax Tips, Taxes

Child Tax Credit: New Update Address Feature Available with IRS Online Portal

This article was published by the IRS. The Internal Revenue Service has launched a new feature allowing any family receiving monthly Child Tax Credit payments to quickly and easily update their mailing address using the Child Tax Credit Update Portal, found exclusively on IRS.gov. This feature will help any family that chooses to receive their payment [...]

cozbycpa2021-09-22T12:08:12-04:00September 22nd, 2021|Categories: Child Tax Credit, Coronavirus, IRS, Personal Finance, Personal Taxes, Planning Strategies, Tax Credits, Tax Law Changes, Tax Tips, Taxes|Tags: best CPA in Plymouth MA, Child Tax Credit Eligibility Assistant, Child Tax Credit Update Portal, Cozby & Company, CPA Heather Cozby, IRS Letter 6419, new update address feature available with IRS online portal, Non-Filer Sign Up Tool|