Tax Blog

Taxpayers contributing to a 401(k) plan for their retirement have gotten some good news from the Internal Revenue Service: they can now put more money into their plan for 2022.… Read more about 401(k) Contributions Increased for 2022 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

A new provision in the tax code lets more taxpayers deduct up to $600 in donations to qualified charities—even if they don’t itemize.… Read more about Some Non-Itemizers Can Deduct Charitable Donations (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Taxpayers in Connecticut are getting a little extra time to file their taxes, courtesy of Hurricane Ida and the IRS. Ida tore up coastal areas in the southern US, and went on to batter the Northeast with flooding and other damage.… Read more about Some in Connecticut Get Extended Ida Relief (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Families who have significant income changes to report for the advance Child Tax Credit payments are running out of time to pass those changes on to the Internal Revenue Service.… Read more about Last Call for ACTC Signup, Income Changes (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

There’s not much doubt that the COVID-19 pandemic has taken a strong labor market and turned it on its ear, producing a shortage of available workers.… Read more about IRS Highlights Resources for Employers Facing Labor Shortages (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The Internet is filled with cybersecurity threats that can jeopardize family finances. Just one of many scams, identity theft tax refund fraud (ITTRF) is big business for criminals, and it can cause big headaches for victims.… Read more about IRS Shares Online Safety Tips (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…