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Wedding summer season starting soon – Tax implications

In the IRS Tax Tip 2022-77, the IRS lists some of the tax changes that might occur when a couple gets married. Change on the filing status - married filing jointly or separately (previously single, head of household, or widower) - The tax brackets and standard deduction change You might want to consider changing /

By |2022-05-23T20:50:13+00:00May 23rd, 2022|Categories: Individuals|Tags: , , , , , |

Child Tax Credit Updates – Letter 6419, Change deadline Aug 30, etc.

On the Issue Number: IR-2021-171, the IRS announced the launch of a new feature allowing any family receiving monthly Child Tax Credit payments to quickly and easily update their mailing address using the Child Tax Credit Update Portal Additionally, the IRS will mail a year-end summary statement (Letter 6419) to all taxpayers who have received

By |2021-08-25T09:43:08+00:00August 25th, 2021|Categories: Individuals|Tags: , , , , , , |
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