Miscalculation on Your 2020 Form 1040?

Miscalculation on Your 2020 Form 1040?

IRS, Taxes

If you’ve recently received a letter from the IRS stating that they “found a miscalculation on your 2020 Form 1040” caused by the Recovery Rebate Credit, keep reading. You’ve been waiting on a delayed 2020 refund for months and months…

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Child Tax Credit Guide

Child Tax Credit Guide

IRS, Taxes

Kids are expensive. The advance Child Tax Credit payments are here to help. But could this credit negatively affect your tax bill? Many of my clients have been asking if they should be worried about making bank from the government….

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Does the IRS Allow a P.O. Box Address?

Does the IRS Allow a P.O. Box Address?

IRS

Yes, the IRS will allow a P.O. box address on your tax return only if your post office doesn’t deliver mail to your home. The W-9 and W-4 instructions do not specifically state if a P.O. box is allowed, however, the 1040 (tax return) instructions state that a P.O. box is allowed if mail is not delivered to your home address.

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