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Reminder: 2nd Quarter Tax Estimates Due June 15th

The Internal Revenue Service reminds taxpayers who pay estimated taxes that they have until June 15th to make their payment for the second quarter of tax year 2021 without penalty. If you mail your estimated…

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IRS Provides Guidance on Tax Breaks for COBRA

The Internal Revenue Service provided guidance on tax breaks under the American Rescue Plan Act of 2021 for continuation health coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985…

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IRS Begins Correcting Tax Returns for Unemployment Compensation Income Exclusion

The Internal Revenue Service will begin issuing refunds to eligible taxpayers who paid taxes on 2020 unemployment compensation that the recently-enacted American Rescue Plan later excluded from taxable…

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