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New Year’s Tax Resolutions

Happy New Year! Soon Americans will be filing their 2021 tax returns. Here are some important dates for this year.  Jan. 31 – When the IRS will start processing tax returns filed in 2022 Feb. 15 – When the IRS will start processing tax returns with Earned Income Tax Credit and additional Child Tax Credit …

IRS Announcement on Advance Child Tax Credit Payments

The IRS just announced that they will start sending out information letters, “Letter 6419” at the end of December, which is a little earlier than previously announced. This letter provides the total advance Child Tax Credit payment received, if you received any. This letter is important for filing your tax return, so keep it. If …