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Month: April 2021

Those experiencing homelessness can get Economic Impact Payments and other tax benefits; permanent address not required

April 19, 2021General

IR-2021-87, April 15, 2021 WASHINGTON — The Internal Revenue Service today continued an ongoing effort to help those experiencing homelessness during the pandemic by reminding people who don’t have a […]

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IRS reminds foreign bank and financial account holders the FBAR deadline remains April 15

April 12, 2021General

IR-2021-83, April 9, 2021 WASHINGTON — The Internal Revenue Service is reminding U.S. citizens, resident aliens and any domestic legal entity that the deadline to file their annual Report of Foreign […]

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IRS suspends requirement to repay excess advance payments of the 2020 Premium Tax Credit; those claiming net Premium Tax Credit must file Form 8962

April 12, 2021General

IR-2021-84, April 9, 2021 WASHINGTON — The American Rescue Plan Act of 2021 suspends the requirement that taxpayers increase their tax liability by all or a portion of their excess […]

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