Boytan & Associates, LLP

02/02/2024

https://www.nbcnews.com/politics/congress/house-vote-expanded-child-tax-credit-bill-rcna136545

05/06/2021

05/04/2021

https://www.accountingtoday.com/news/biden-plan-would-give-irs-authority-to-regulate-tax-preparers

The American Families Plan includes provisions that would expand Internal Revenue Service oversight of tax preparers.

04/16/2021

https://www.yahoo.com/finance/news/monthly-stimulus-checks-families-start-000000764.html

The IRS commissioner says the child credit payments will arrive on time after all.

03/30/2021

https://www.economist.com/finance-and-economics/2021/03/18/americas-banks-have-too-much-cash?utm_campaign=editorial-social&utm_medium=social-organic&utm_source=facebook&fbclid=IwAR2-2X7uLdGy87R4AOM_ZMwuGbd5pR0nA3QY3jQf9dfwRbOr-fx6CjKkdVM

Abundant liquidity is meant to help markets. It might soon cause trouble

03/30/2021

https://www.marketwatch.com/story/are-you-are-claiming-your-2020-stimulus-on-your-taxes-the-irs-will-no-longer-seize-it-for-debts-but-this-only-applies-to-some-debts-11616002376?link=sfmw_fb&fbclid=IwAR0dTkr5jguhVo-ta8IZZqR_eb5PZHgj1XPD-7TNrJWZdwWGFD_7ur0leE8

Once the economic impact payment was mixed with a tax refund, it became subject to the same rules that allowed the IRS to seize the refund and pay down debts.

03/26/2021

https://www.marketwatch.com/story/irs-well-delay-april-15-tax-filing-deadline-by-one-month-with-one-caveat-11616017036?mod=home-page&link=sfmw_fb&fbclid=IwAR3XmVy0-Ct7dBwqiYs7eJEUQtSZH3t6NDfRriTI30_v59D_4qE-5APjOZo

The IRS has already received more than 55 million tax returns.

03/23/2021

https://www.wsj.com/articles/he-got-300-000-from-credit-card-rewards-the-irs-said-it-was-taxable-income-11615125601?mod=e2fb&fbclid=IwAR3utkZWmDh4EyM_8Zmm2jvoCwkptH4UkC2vakmoHqGycFxFn_Q0EZ1_zDQ

03/22/2021

https://www.wsj.com/articles/down-the-biden-tax-threshold-11616360766?mod=e2fb&fbclid=IwAR3gJxdWbks_LItPjhbuTi35PBrrzp8iVsuLzGxAngAci7SwwroKHsfq4a8

In the campaign it was $400,000 in income. Now it’s half that.

03/19/2021

https://www.getcanopy.com/blog/state-tax-deadlines-2021?utm_campaign=Email%20-%202021&utm_medium=email&_hsenc=p2ANqtz-_jHUbdC0p0Jc2kT7Oua9HoWwjeSPJceUwtRhQMsdWXGbJYNvwqAXtQ4wrvBaJzPvOlxw70U6F5IEkXEW3Rdhjp9i2cYQ&_hsmi=116757571&utm_content=116757571&utm_source=hs_email&hsCtaTracking=f189eff4-14d1-4e5c-a7ff-f4db014589a4%7Cc6a95181-4ce9-42e6-b833-95877f95e31d

The IRS has extended the 2021 federal tax deadline to May 17, but state tax deadlines are still up to each state. Here are the state tax deadlines announced so far for 2021.

03/19/2021

https://www.nerdwallet.com/article/taxes/qualify-child-child-care-tax-credit #:~:text=For%20the%202020%20tax%20year%2C%20the%20Child%20and%20Dependent%20Care,for%20two%20or%20more%20dependents).

03/17/2021

https://www.marketwatch.com/story/irs-well-delay-april-15-tax-filing-deadline-by-one-month-with-one-caveat-11616017036?siteid=bigcharts&dist=bigcharts