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“Our Advice makes
Dollars & Sense”
Located in Old Towne Bellevue
2221 Main St Bellevue, NE 68005
(402) 898-2672
PATH Act Funding Starts Feb 22 The PATH Act mandates that the IRS cannot issue tax refunds on returns with Earned Income Tax Credit or Additional Child Tax Credit until mid-February. These refunds are historically released over a few days. The first such day is this Tuesday, February 22nd, and billions of dollars of these refunds will be released on [...]
IRS reminds Farming or Fishing Business Owners To File March 1 The Internal Revenue Service today reminded those with income from a farming or fishing business they should file and pay their entire tax due on or before Tuesday, March 1, if they did not make estimated tax payments. Taxpayers can pay from their bank account using their Online Account or they [...]
IRS Notice 2021-39: Transition Period Penalty Relief for New Schedules K-2 and K-3 for Forms 1065, 1120-S and 8865 Provides PENALTY RELIEF for taxable years that begin in 2021 (processing year 2022) with respect to Schedules K-2 and K-3 to Forms 1065, 1120-S, and 8865. These forms that will be made available in late February 2022 to software developers, by [...]
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