by Brick's Accounting and Tax Service | Jan 29, 2022 | Tax Tips and News
We’ve only had one week of filing season, and scammers are already trying to make life miserable for everyone else. While this isn’t a shocking turn for anyone who has been paying attention to the evolution of identity theft tax refund fraud, it’s a problem that...
by Brick's Accounting and Tax Service | Jan 27, 2022 | Tax Tips and News
The Internal Revenue Service says it has sent out all the third-round Economic Impact Payments (EIPs), but the agency is quick to add that taxpayers who missed out on the EIP still have one more chance to claim their money. These individuals will have to file a 2021...
by Brick's Accounting and Tax Service | Jan 26, 2022 | Tax Tips and News
Much attention has been given lately to the Child Tax Credit and its advance payments. But another credit is available if the taxpayer’s dependents aren’t their children. This credit is for other dependents other than children. Unlike the Child Tax Credit, the credit...
by Brick's Accounting and Tax Service | Jan 25, 2022 | Tax Tips and News
It’s official: the gates are open; the race is on. Tax season for 2022 is officially underway. The IRS kicked off this year’s filing season urging taxpayers to help them get refunds out faster this year by not filing paper tax returns and instead filing...
by Brick's Accounting and Tax Service | Jan 22, 2022 | Tax Tips and News
Millions of Americans are preparing to get their income tax returns in order for the 2021 tax year. While many are mostly concerned about getting their returns in on time, they should also be thinking about filing a correct return. Most often, it’s the simple tax...
by Brick's Accounting and Tax Service | Jan 21, 2022 | Tax Tips and News
The Internal Revenue Service wants employers to know the clock is ticking, and to get their Forms W-2 and other wage statements to the government very soon. The deadline is January 31. As of 2015, employers are required by law to get their Forms W-2, Wage and Tax...