Month: March 2021

Additional Tax Deadlines Pushed Back by IRS

Taxpayers are getting more time to meet some tax deadlines that would normally fall on April 15, such as making IRA contributions and filling certain claims for a refund.… Read more about Additional Tax Deadlines Pushed Back by IRS (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The American Rescue Plan Includes Funding for Individual Payments, Changes to Tax Credits

President Biden signed into law the $1.9 trillion American Rescue Plan Act of 2021, which includes a number of tax-related provisions that lawmakers say will help struggling Americans weather the pandemic recession.… Read more about The American Rescue Plan Includes Funding for Individual Payments, Changes to Tax Credits (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Reminds Employers About Repayment of Deferred Social Security Tax

The Internal Revenue Service yesterday released a COVID Tax Tip highlighting guidance for employers who deferred payment of their employee’s 2020 Social Security tax. Initially described by legislators as a “payroll tax holiday,” the agency reminds participating employers that they still have to pay deferred employee Social Security tax by the new deadlines.… Read more about IRS Reminds Employers About Repayment of Deferred Social Security Tax (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…