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he Internal Revenue Service today reminded employers and self-employed individuals that chose to defer paying part of their 2020 Social Security tax obligation that a payment is due on Jan. 3, 2022. Most affected employers and self-employed individuals received reminder billing notices from the IRS. The agency noted, however, that those affected are still required […]
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Changes to the charitable contribution deduction Taxpayers who don’t itemize deductions may qualify to take a deduction of up to $600 for married taxpayers filing joint returns and up to $300 for all other filers for cash contributions made in 2021 to qualifying organizations. Check on advance child tax credit payments Families who received advance payments will need […]
