ELO CPAs & AdvisorsMar 3, 20222 minIRS releases new guidance on Earned Income Tax CreditThe Internal Revenue Service posted a set of answers Wednesday to frequently asked questions on the Earned Income Tax Credit. The new...
ELO CPAs & AdvisorsJan 26, 20226 minIRS Child Tax Credit letters may have wrong informationThe letters that the Internal Revenue Service has been sending to taxpayers about the amounts they received on advance payments of the...
ELO CPAs & AdvisorsJan 11, 20225 minTax season to start on Jan. 24The Internal Revenue Service said Monday that it will begin processing and accepting 2021 tax returns on Monday, Jan. 24, and the filing...
ELO CPAs & AdvisorsJul 23, 20215 minIRS warns of child tax credit scamsThe Internal Revenue Service’s Criminal Investigation division is cautioning taxpayers and tax professionals to beware of scams related...
ELO CPAs & AdvisorsJun 8, 20212 minIRS is processing returns of taxpayers who paid tax on 2020 unemployment compIRS is processing returns of taxpayers who paid tax on 2020 unemployment comp IR 2021-123, 6/4/2021 In a News Release, IRS has announced...
ELO CPAs & AdvisorsJan 18, 20211 min1099/W-2 Filing Deadline is Approaching FastCopies of 1099s & W-2s must be mailed to recipients by January 31st. Complete information is due to ELO by this Friday, January 22nd or...
