Recently California residents and guests desperately need economic assistance. Now there is a new California EITC for non-citizens.
Dazzle your clients with good news! Congress has approved a new Charitable Contribution deduction. This deduction is available to those who provided cash gifts to legal 501C charitable organizations. The Charitable Contribution deduction is for up to $300.
Do you have “inside contacts” at the IRS? “Inside contacts” meaning IRS employees you can contact directly to find out what’s really going on as opposed to going through the “usual channels” which are mostly shut down right now? “Tax Mama”® Eva Rosenberg does have such contacts. And she’s about to share her exclusive knowledge with all of us. Yes that’s […]
IRS got its “Get My Payment, Economic Impact Payment Tool” online this morning. Clients can use this tool to input direct deposit info if none on file as of now, to get faster stimulation.
Recent changes to the Earned Income Credit have created new earning opportunities for tax professionals.