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The Transaction Code TC 570 Additional Account Action Pending is a Freeze Code the IRS uses that will hold/stop a refund from being issued until the impact of the action…
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Dec 30
2018 Tax Law Changes
…annuities Social security benefits Additional income and adjustments to income Adjusted gross income Standard Deduction Qualified business income deduction Taxable income Tax Nonrefundable credits Other Taxes Total Tax Federal withholding…
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…the instructions provided to obtain a possible refund and minimize any further delay. If you are unsure of the IRS requirements, please consult your accountant, tax advocate, or tax professional….
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…the end of the year – those with middle digits 70, 71, 72 or 80. In addition, any ITIN that has not been used on a federal tax return at…
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Jan 16
IRS Opening Day for 2021
…they have the information they need. People can begin filing their tax returns immediately with tax software companies, including IRS Free File partners. These groups are starting to accept tax…
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…gives you until October 15, 2024, to complete your return. However, keep in mind that an extension to file is not an extension to pay. Be sure to estimate and…
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…with the increase in the standard deduction), mortgage interest still remains a large deduction. An additional deduction that is sometimes missed is the points associated with refinancing your mortgage. Additionally,…
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…received unemployment compensation from their state. Under federal law, unemployment benefits are taxable income. However, scammers also took advantage of the pandemic by filing fraudulent claims for unemployment compensation using…
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…received unemployment compensation from their state. Under federal law, unemployment benefits are taxable income. However, scammers also took advantage of the pandemic by filing fraudulent claims for unemployment compensation using…
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