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https://www.whinglobal.com/post/american-expats-tax-filing-deadline

American expats tax filing deadline and information American taxpayers living and working outside the U.S. should file their federal income tax return by June 15 to claim US tax benefits.

Happy New Year!

Advanced child tax credit - the IRS started to make payments on July 15! You have options to opt-out, update your info, or use the non-filer tool, and to do more.

Advance Child Tax Credit Payments in 2021 Do I qualify for the 2021 advance tax credit monthly payments? Most taxpayers with children aged 17 or under may qualify.

Ohio sales tax holiday. Online purchases are applicable as well. ,

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. Formal guidance to be issued soon by the IRS.

IR-2021-59: Tax Day for individuals extended to May 17: Treasury, IRS extend filing and payment deadline WASHINGTON — 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. The IRS will be providing formal guidance in the coming days.

2021 individual tax filing season to begin February 12, 2021.

The Internal Revenue Service announced that it will begin accepting and processing 2020 tax year returns for individuals on February 12, 2021. The IRS said the delay is due to the additional time required for programming and testing of its systems to incorporate the tax changes included in the CAA, H.R. 133, signed into law on December 27, 2020.

The IRS is already processing 2020 business tax returns since January 8, 2021

As the coronavirus (COVID-19) continues to affect local communities and global economies, Whin Global remains committed to serving its clients tax and financial planning needs. As part of this commitment, we want to make our clients aware of key tax provisions impacting individual and businesses contained in the year-end coronavirus relief legislation, known as the Consolidated Appropriations Act, 2021 (H.R. 133), that was signed into law on Dec. 27, 2020.

Key tax provisions contained in the year-end second coronavirus relief Summary of the key tax provisions impacting individual and businesses contained in the year-end coronavirus relief in the CAA, 2021 H.R. 133

Happy New Year! Wishing all the best to you and your family as we head into 2021

A tax planning generally includes minimizing overall tax liabilities now and/or in the future. There may be strategies such as deferral of income, prepayment of expenses, etc., that can help you save taxes. We are here to help with your unique personal and/or business tax situation. Be safe and stay healthy.