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IRS revises FAQs for Tax Year 2021 Earned Income Tax Credit

by Michael Hogberg EA | May 25, 2022 | Federal Tax, Tax Reminders

May 25, 2022 The Internal Revenue Service today revised frequently asked questions (FAQs) for the 2021 Earned Income Tax Credit (FS-2022-30) to educate eligible taxpayers on how to properly claim the credit when they prepare and file their 2021 tax return....

For National Small Business Week, special tax credit can help employers hire workers; key certification requirement applies

by Michael Hogberg EA | May 6, 2022 | Federal Tax, Tax Reminders

May 6, 2022 With many businesses facing a tight job market, the Internal Revenue Service reminds employers to check out a valuable tax credit available for hiring long-term unemployment recipients and other groups of workers facing significant barriers to employment....
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