As we put 2020 behind us on the calendar, it is still very relevant from a tax perspective. COVID-related legislation and other government changes are sure to make the upcoming tax filing season interesting, to say the least. To help, the IRS has some tips to help U.S. taxpayers take necessary actions now to help file federal tax returns timely and accurately in 2021, including special steps related to Economic Impact Payments (EIP). In today’s blog, we’ll outline the steps.
Click here to continue reading this post.