Category Archives: Taxes

What Changes to Expect on Your 2020 Taxes

  What Changes To Expect To Your 2020 Taxes As the 2019 tax year is coming to end, the 2020 tax season will be upon us shortly. To ensure you get the most out of your deductions learn about the new rules that will apply to your federal income tax now. Below is a list…
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Even if your tax situation isn't complicated, there's still documentation the IRS demands. But filing taxes doesn't have to be an ordeal. And it can be less frustrating and less time-consuming if you have all the material at your fingertips. By being prepared, you'll be ready to file your return at the earliest possible moment.…
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IRS Reminds Individuals to Report Life Event Changes to the Health Insurance Marketplace; May Impact Premium Tax Credit Eligibility

Individuals who obtain health insurance through the Affordable Care Act (ACA) Health Insurance Marketplace must advise the Marketplace of changes in certain circumstances, the IRS has reminded taxpayers. Any life event, the IRS noted, may impact an individual’s eligibility for the Affordable Care Act Premium Tax Credit. Coverage and credit. Individuals who obtain coverage through…
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