Nickell Tax and Financial Planning

the IRS does not give out participation trophies... apparently

Americans experiencing homelessness have free options to claim the 3rd Economic Impact Payments and the Recovery Rebate Credit, if they don’t normally file taxes with IRS and haven’t received any payments yet: http://go.usa.gov/xsm7B #COVIDreliefIRS

Lulz, I'm so glad their instagram staff is working hard. If only they could actually process returns and answer their phones....

https://news.google.com//CBMihgFodHRwczovL3d3dy5hYmMxMC5jb

somehow I'm making *checks calculator* LESS money now?

If it's all greeks to you, bring it to us to deal with ;)

The American Rescue Plan Act of 2021 (ARPA), passed in March 2021, contains a provision to no longer require repayment of any excess APTC on 2020 tax returns. This means that if you owe money on your taxes due to an underestimation of your 2020 income to Covered CA, you are no longer required to pay those monies.

IRS helping close businesses.....

UPDATE... IRS to Handle Unemployment Returns, Don't Amend! Returns filed with unemployment benefits prior to the $10,200 exclusion should not be amended. The IRS has indicated it will refigure taxes on these returns and adjust the taxpayer's account accordingly. The IRS will then send any refund amount directly to the taxpayer... The IRS has not yet communicated a timeline for making adjustments and sending refunds.

IRS to Extend Filing Season The IRS has announced that it will extend the filing season until Monday, May 17, 2021. This one-month extension is for filing and payment.