New IRS Child Tax Credit Update Portal

2021-06-22 The portal is open to Unenroll for the AdvCTC payments. The Child Tax Credit will help many families get advance payments of the Child Tax Credit starting in the summer of 2021. Half the total credit amount will be paid in advance monthly payments and taxpayers will claim the other half when they file their 2021 income tax return. The IRS will issue the first advance payment on July…

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IRS updates its “Get Transcript” service for individuals

2021-06-14 The IRS has a new transcript format for its "Get Transcript" web page that better protects taxpayer data. This new format partially masks taxpayer's personally identifiable information. Financial data will remain fully visible to allow for tax preparation, tax representation or income verification. Learn more at About the New Tax Transcript and the Customer File Number. Cuation: The Get Transcript Service is for individual taxpayers to retrieve their own…

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