Brace Accounting Services

01/24/2022

Delays in processing are to be expected.

01/20/2022

A report warns refunds may get delayed again

01/08/2022

A new law requires payment apps like Venmo, Paypal, Cash App, and Zelle to report transactions that total $600 or more.

01/04/2022

Families who got the child tax credit last year need to watch for this letter from the IRS

The IRS will be sending Letter 6419, which shows how much families received in advanced child tax credit payments, in January.

09/24/2021

Changes in tax deductions due to inflation adjustments are coming to 2021 taxpayers, according to the Internal Revenue Service.

07/15/2021

Each year, the Social Security Administration announces how checks will be impacted by the cost of living based on the economy that year, and one advocacy group for senior citizens is projecting a …

07/15/2021

“A lot of people wondering what they should be doing, whether or not it makes sense for them, a lot of people don’t really understand what exactly it is, some think its another stimulus…

06/24/2021

Tax experts warn of Child Tax Credit pitfalls.

06/18/2021

Families will start receiving child tax credits next month and the IRS just launched its tool for non-filers eligible for the credit.

06/08/2021

Still haven’t received your refund? Here’s what several tax preparers say is causing the delay, and what you should do to get fast answers from the IRS.

06/07/2021

The Internal Revenue Service plans to send back money to 2.8 million Americans who filed taxes early, before legislation that waived tax on unemployment compensation paid in 2020.

05/04/2021

People usually get their refunds within three weeks, but this year is proving complicated for nearly 30 million filers.