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Masters Tax
Oct 28, 20213 min read
Why is it advisable to claim the Child Credit now instead of waiting until 2022?
While the IRS warns that miles of families across the country still do not claim the Child Tax Credit even though it is for the federal...
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Masters Tax
Oct 27, 20212 min read
Parents brace for more limited Child Tax Credit in Democratic dealmaking.
Brihanna Sims, a 27-year-old school bus driver and mother of a 7-year-old daughter, faces a financial pinch each summer when the number...
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Masters Tax
Oct 26, 20213 min read
Who's Afraid of IRS Bank Reports?
The Treasury has released a fact sheet on reduced bank information disclosure requirements currently being considered: Tax compliance...
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Masters Tax
Oct 25, 20214 min read
Latest Child Tax Credit payment delayed for some parents
Some U.S. parents eagerly expecting their third enhanced Child Tax Credit payment last week say they experienced a delay in getting the...
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Masters Tax
Oct 13, 20212 min read
These are the payment dates of the second golden stimulus according to zip code in California.
LOS ANGELES, California.- The second round of the golden economic stimulus will begin to arrive in early September and eligible people...
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Masters Tax
Oct 11, 20214 min read
Another stimulus is available for Californians. Are you eligible?
More Californians can expect another $600 or $1,100 stimulus check, thanks to the second phase of the Golden State Stimulus. Originally...
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Masters Tax
Oct 8, 20214 min read
Federal agencies are still dealing with pandemic delays.
A shutdown could make delays worse. The threat of a partial government shutdown this week comes as several federal agencies are still...
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Masters Tax
Sep 13, 20211 min read
IRS Hangs Tough On Conservation Easements
The IRS Chief Counsel has signaled with CCA 202130014 that the Service will be continuing its hard line on conservation easements. The...
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Masters Tax
Aug 18, 20218 min read
The IRS advocates better case management
For the IRS, taxpayers are cases too. That makes case management a vital function in helping people solve problems or get their questions...
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Masters Tax
Aug 17, 20211 min read
Month 2 of the child tax credit hits bank accounts
The US Department of the Treasury says the second monthly child tax credit payment has started to roll out. More than $ 15 billion will...
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Masters Tax
Aug 13, 20215 min read
The next child tax credit payment date is August 13.
The online pleas from parents seeking answers as to why they have not received advance payments of the child tax credit, or why the...
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Masters Tax
Aug 12, 20214 min read
Late tax refunds, stimulus money, and child tax credit payments frustrate families,
and poor communication with the IRS doesn't help. When you promise people something and they see that others get it while they don't, it...
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Masters Tax
Aug 11, 20214 min read
The IRS wrongly denied child tax credit payments for some families with an immigrant spouse
Samantha Alonso-Campos is still waiting for the $ 1,100 a month that the IRS told her she should expect for her four children as a...
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Masters Tax
Aug 9, 20213 min read
IRS payments abound in July, but frustration persists for those waiting for tax refunds.
July was a productive month for the IRS when it came to making payments to taxpayers. However, frustration continues to grow for those...
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Masters Tax
Aug 6, 20215 min read
The IRS Bottleneck Most Taxpayers Have Never Heard Of
Bottlenecks are nothing new to the Internal Revenue Service. IRS issues with mail processing, return processing, and issuing refunds have...
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Masters Tax
Jul 22, 20213 min read
IRS Says It Will Send Millions Of Additional Stimulus Checks
The IRS said Wednesday that it continues to distribute federal stimulus checks to eligible Americans, with another 2.2 million payments...
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Masters Tax
Jul 21, 20213 min read
Did you get three checks from the IRS in July? This is why
If you are used to receiving a refund check from the US Treasury After filing your individual tax return with the Internal Revenue...
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Masters Tax
Jul 19, 20213 min read
Biden touts expanded child tax credit
When the first round of monthly child tax credits hit Americans' bank accounts Thursday, President Joe Biden and Vice President Kamala...
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Masters Tax
Jul 15, 20212 min read
IRS Announces $ 15 Billion in Child Tax Credit Payments
THAT HAVE BEEN DELIVERED TO FAMILIES: THIS IS WHAT YOU NEED TO KNOW ABOUT THE NEW RELIEF. The U.S. Treasury and Internal Revenue Service...
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Masters Tax
Jul 15, 20212 min read
Next problem for the US will be taxes
At some point Joe Biden's bills will have to start paying off. The $ 1.9 trillion US bailout bill that passed this month was financed...
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