The Internal Revenue Service projects stimulus payments to non-filer Social Security and other federal beneficiaries… more…
Reminder on TSP Required Minimum Distributions Rules for 2021
The Coronavirus, Aid, Relief and Economic Security (CARES) Act allowed Thrift Savings Plan participants to waive 2020 required minimum distributions (RMDs). But RMDs have not been waved for 2021 more…
IRS Reporting Requirements for Foreign Account Ownership and Trust Distributions
Federal benefits and tax expert, Ed Zurndorfer, outlines what is required for individual taxpayers who have received taxable interest and dividends, owned a foreign account, or received distribution from a foreign trust more…
How to Check on Status of Your Stimulus Payment — Plus FAQs from IRS
The IRS also describes who is eligible for the third round of Economic Impact Payments, how much it will be, and who is likely to get it via direct deposit, a check or a debit card more…
IRS Extends Tax Deadline to May 17, 2021
Individual taxpayers can also postpone federal income tax payments for the 2020 tax year originally due on April 15. The IRS provides more details more…