By law, the first stimulus check can be reduced if someone owes child support. However, as the married spouse of someone who owes child support, you will still get your portion of the stimulus check. Unfortunately, in some cases, people did not receive their stimulus payment because the entire stimulus check went to their...

Today is VITA Awareness Day. Each year, thousands of IRS certified volunteers share their time and expertise at Volunteer Income Tax Assistance (VITA) sites across the country to help millions of Americans file taxes free of charge. VITA is an IRS-sponsored program staffed by volunteers who are committed to helping low- and moderate-income people...

This year, to support economic relief from the COVID-19 pandemic, Congress passed a new ‘lookback rule’ which means if you earned less in 2020, you can use either your 2019 or 2020 earned income for your Earned Income Tax Credit and additional Child Tax Credit—whichever one gets you the most money back.

Friday, January 29, 2021 marks the 15th annual EITC Awareness Day. On this day, the IRS encourages organizations across the country to bring attention to the EITC by hosting events and engaging media. This is also a time to highlight free tax preparation and other refundable tax credits like the Child Tax Credit, the American...

If you didn’t receive the additional $500 from the first stimulus check and/or the additional $600 from the second stimulus for your eligible children, you can claim the amounts as the Recovery Rebate Credit when you file your 2020 federal tax return.

This year, to support economic relief from the COVID-19 pandemic, Congress passed a new ‘lookback rule’ which means if you earned less in 2020, you can use either your 2019 or 2020 income on your taxes—whichever one gets you the most money back.