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2023 State Rebates and Payments Update

February 21, 2023 alopez1979 Leave a comment

TAXPAYERS IN MANY STATES WON’T NEED TO WORRY ABOUT INCLUDING STATE REBATES AND PAYMENTS FROM 2022 ON THEIR FEDERAL RETURNS.…

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Changes to Tax Credits Resulting in Lower Tax Refunds

January 19, 2023 alopez1979 Leave a comment

Many taxpayers may be surprised that the amount of their 2022 tax return is lower this filing season, leaving them…

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Top Refundable Credits in the Inflation Reduction Act

November 14, 2022 alopez1979 Leave a comment

Tax Provisions that Take Effect in 2022The following tax credits from the Inflation Reduction Act go into effect for Tax…

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Second Round Golden State Stimulus to be released; See if you qualify.

September 2, 2021 alopez1979 Leave a comment

Your stimulus amount if you have a Social Security Number: Scenario Stimulus amount Qualified for GSS IClaimed a credit for…

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Grandparents can have tax breaks to!

August 27, 2021 alopez1979 Leave a comment

More and more individuals who thought their child-rearing days were over are now raising their grandchildren. It is estimated that…

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4 OF THE MOST COMMON IRS TAX PROBLEMS

August 20, 2021 alopez1979 Leave a comment

For years, politicians have been talking about simplifying the process of filing federal taxes, but despite the promises, the process…

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Advance Payments and Child Tax Credit Update Portal

July 1, 2021 alopez1979 Leave a comment

Advance Child Tax Credit payments are early payments from the IRS of 50 percent of the estimated amount of the…

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IRS updated child tax portal to help with opting out and soon updating family info

June 24, 2021 alopez1979 Leave a comment

 The Internal Revenue Service launched two new online tools designed to help families manage and monitor the advance monthly payments…

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IRS online tool to help low-income families register for monthly Child Tax Credit payments

June 15, 2021 alopez1979 Leave a comment

The Treasury Department and the Internal Revenue Service online Non-filer Sign-up tool designed to help eligible families who don’t normally file tax…

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Haven’t Received your tax return yet ?

June 8, 2021 alopez1979 Leave a comment

You are not alone. We have been hearing from clients who are still waiting on refunds from returns filed early…

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