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IRS Makes Changes to Advance Payments of the Premium Tax Credit

This is the note we received from the National Association of Tax Preparers Advance Payments of the Premium Tax CreditIRS suspends requirement and provides guidance The American Rescue Plan Act of 2021 suspends the requirement that taxpayers increase their tax liability by all or a portion of their excess advance payments of the premium tax …

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A New Way of Doing Business for the New Normal

Last year we were force to adapt our entire business model to keep our customers and employees safe from COVID-19. While some businesses (including our competitors) closed, we adapted to drop off only, because your taxes were still due. Either you were getting a much-needed refund, or you would face penalties if you did not …

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You Need to Think About Taxes More Than Twice a Year!

Most people think of taxes only a two times a year. Everyone thinks about taxes when they receive their paycheck and notice how much is being taken out for taxes. The other time usually occurs between January and April when they file their tax returns. That is when most people call their tax preparer. The …

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