Tax Blog

Tips to help you prepare for tax season

The latest tax tips and news from Quality Financial Services LLC

Taxpayers Now Receiving the Advance Child Tax Credit Payments

Taxpayers Now Receiving the Advance Child Tax Credit Payments

After a dismal winter made darker by the COVID-19 pandemic, millions of American families are getting a little sunnier disposition thanks to advance payments of the Child Tax Credit.… Read more about Taxpayers Now Receiving the Advance Child Tax Credit Payments (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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Multiemployer Retirement Plans Get IRS Guidance for PBGC Assistance

Multiemployer Retirement Plans Get IRS Guidance for PBGC Assistance

New guidance from the Internal Revenue Service attempts to shine a little light on multiemployer qualified retirement plans that got financial help from the Pension Benefit Guaranty Corporation (PBGC), while explaining what that assistance means for participants and beneficiaries.… Read more about Multiemployer Retirement Plans Get IRS Guidance for PBGC Assistance (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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CY Tax-Exempt Groups Need to File by May 17

CY Tax-Exempt Groups Need to File by May 17

The Internal Revenue Service is reminding some tax-exempt organizations that they face the same May 17 filing deadline as regular income tax filers.… Read more about CY Tax-Exempt Groups Need to File by May 17 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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Dependent Care Assistance Program Participants Get Helpful Guidance

Dependent Care Assistance Program Participants Get Helpful Guidance

As you might have experienced first-hand, those with unused funds from a 2020 dependent care assistance program (DCAP) could have questions about newly allowed carryovers and whether those funds are taxable.… Read more about Dependent Care Assistance Program Participants Get Helpful Guidance (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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Penalty for Highway Use of Dyed Fuel Waived in Some States

Penalty for Highway Use of Dyed Fuel Waived in Some States

If you live in the Southeast, long lines and questionable containers are a sad reality at many local gas stations. The temporary Colonial Pipeline disruption caused a rush on fuel this week, leading many in the region to hoard gasoline.… Read more about Penalty for Highway Use of Dyed Fuel Waived in Some States (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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