This article was published by the IRS. When people get ready to file their federal tax return, there are new things to consider when it comes to which credits to claim and what deductions to take. These things can affect the size of any refund the taxpayer may receive. Here are some new key things people [...]
This article was published by the IRS. When it comes to federal tax refunds, there are several common myths. Getting a refund this year means there's no need to adjust withholding for 2020. To help avoid a surprise next year, taxpayers should make changes now to prepare for next year. One way to do this is [...]
This article was published by the IRS. Taxpayers can take control of the size of their refund using the Tax Withholding Estimator on IRS.gov. The estimator has a "slider" feature to let users to choose the refund they want from a range of amounts based on the information they enter. The feature helps taxpayers set their [...]
In this week’s Monday episode (June 1, 2020) of the Town of Plymouth’s “COVID-19 Daily Update,” Heather reported that although there aren't many changes since last week, there are three items in the pipeline of which small businesses should be aware. Although the first round of stimulus payments hasn't yet been fully dispersed, Sen. McConnell is [...]
The following article was published by the IRS. While many people are required to file a tax return, it's a good idea for everyone to determine if they should file. Some people with low income are not required to file, but will need to do so if they can get a tax refund. Here are five [...]
