Our team at Expatriate Tax Returns would like to wish everyone a Happy Holiday 2021!
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Our team at Expatriate Tax Returns would like to wish everyone a Happy Holiday 2021!
The IRS is implementing tools to reduce the possibility of identity theft. Over the next year, users will begin using ID.me to access digital tools including any online accounts and the Child Tax Credit Update Portal.
The IRS is focusing on security improvements over the next year to ensure that “taxpayer information is provided only to the person who legally has a right to the data.” (IRS)
According to the release, those who already have IRS accounts can log in as normal until next summer but are encouraged to create an ID.me account as soon as possible.
To set up an account, users will need proof of identity in the form of a driver’s license or passport.
The IRS has created a website to assist with the ID.me sign-in process.
Click the link below to learn more.
It’s the holiday season, which means year-end is fast approaching. In between holiday gift shopping and decorating, spend some time prepping your taxes for the end of the year. Whether you are an individual or a small business owner, you can take proactive steps for tax season.
As always, we are here to help with any tax services all year round. We are gearing up for an exciting and busy 2022 and we can’t wait to get started.
Biden’s Build Back Better bill has passed the house and there’s no way we can predict if and when it will pass the Senate. Just in case, there are some things you can do before December 31, 2021 to save some tax dollars.
($600 joint) charitable contribution credit, even if you don’t itemize. If you do itemize, and you are philanthropic it is feasible to wipe out 100% of your taxable income for 2021.
As more changes take place we will keep you updated. Contact us today if you have any questions!
Expatriate Tax Returns
Phone: 1-877-ETAX-123 (382-9123)
Fax: 561-516-6261
Corporate Office (Florida)
7865 Palencia Way, Delray Beach, FL 33446
Satellite Office (Michigan)
20164 Goddard Rd, Taylor, MI 48180
Phone: 734-285-5528
Satellite Office (UK)
16 Malvern Court, Onslow Square
London, UK SW7 3HU