A reworked version of Form W-4 has been released by the IRS and the Treasury Department for the 2020 tax year.… Read more about IRS Releases Reworked Form W-4 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

With 2020’s extended tax deadlines due to the coronavirus pandemic, it seems like we just wrapped up the previous tax season. But believe it or not, the next filing season kicks off Jan. 1, 2021.… Read more about Get Started Now to Make Next Tax Season Easier (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The IRS Tax Withholding Estimator on IRS.gov does just what it says: help taxpayers determine whether their employer is withholding enough tax or if they need to fill out a new Form W-4.… Read more about Using the IRS Withholding Estimator (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Taxpayers with foreign bank or financial accounts are being reminded that time is running out to file the yearly report of their holdings.… Read more about IRS Issues FBAR Reminder (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Millions of families have been receiving monthly advance payments of the Child Tax Credit. Provided by the American Rescue Plan that was passed earlier this year, these payments have been going to eligible households since July.… Read more about Custody and the Advance Child Tax Credit (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The last part of the year is traditionally a good time for taxpayers to check their withholding levels for the upcoming new year. That’s why the Internal Revenue Service recently issued a friendly reminder.… Read more about Time to Check Withholding (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…