News

Due to Covid-19 I conduct all client meetings virtually, except the signing meeting for my full-service estate planning clients. Clients may choose a telephone meeting or a video conference over Zoom.

Economy Will Plan $850. I am currently offering a will-based estate plan option that requires the client to take on a little bit of work in order to save on fees. Request my price list for the details to see if this is a match for your needs.

From the IRS website:

IRS to recalculate taxes on unemployment benefits; refunds to start in May

IR-2021-71, March 31, 2021 — To help taxpayers, the Internal Revenue Service announced today that it will take steps to automatically refund money this spring and summer to people who filed their tax return reporting unemployment compensation before the recent changes made by the American Rescue Plan.

Emergency aid granted to students due to COVID are not taxable

IR-2021-70, March 30, 2021 — The Internal Revenue Service issued frequently asked questions today on how students and higher education institutions should report pandemic-related emergency financial aid grants.

IRS Office of Chief Counsel unveils National Virtual Settlement Days effort this year to reach more taxpayers in more parts of the nation

IR-2021-61, March 18, 2021 — The Internal Revenue Service Office of Chief Counsel has embarked on its most far-reaching Settlement Days program ever, declaring the month of March 2021 as “National Settlement Month.”

Tax Day for individuals extended to May 17: Treasury, IRS extend filing and payment deadline

IR-2021-59, March 17, 2021 — The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021.