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IRS offers overview of tax provisions in American Rescue Plan; retroactive tax benefits help many people now preparing 2020 returns | Internal Revenue Service 12/20/2021

Worried that your Earned Income Credit be affected because of your little income due to unemployment??

Don’t worry, IRS has tax provisions where you can choose to use your 2019 income if it’s higher than your 2021 income to maximize your EITC for your dependents.

We can definitely help you to get the maximum credit you deserve while following tax laws by the IRS.

Happy Holidays!!!

IRS offers overview of tax provisions in American Rescue Plan; retroactive tax benefits help many people now preparing 2020 returns | Internal Revenue Service IR-2021-106, May 11, 2021 — The Internal Revenue Service today provided an overview of some of the key tax provisions in the American Rescue Plan Act.

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