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New Tax Scam Uses Text Message About Covid Payment The scam text message states: “You have received a direct deposit of $1,200 from COVID-19 TREAS FUND. Further action is required to accept this payment into your account. Continue here to accept this payment …” Nov 4th, 2020 The IRS, state tax agencies and the tax … Read more
New income ranges for IRA eligibility in 2021 IRS Tax Tip 2020-149, November 4, 2020 There are cost‑of‑living adjustments that may affect a taxpayer’s pension plan and other retirement-related savings next year. People should familiarize themselves with these adjustments, so they aren’t caught off guard. Here are some highlights of the 2021 changes: The … Read more