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Archives for Tax Tip

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IRS Processing Update

The IRS continues to process electronic and paper tax returns, issue refunds, and accept payments. The IRS is experiencing delays in processing paper tax returns due to limited staffing. This is causing refund delays. Taxpayers who have already filed a…

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Receiving Unemployment benefits?

More than 19 million people were receiving unemployment benefits at of the end of June, and some of those people may end up owing the IRS next tax season. The agency requires people to report income received in the form...
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