Are my unemployment benefits taxable? Normally, yes however for 2020 the first $10,200 of unemployment benefits are tax-free. What to do if I already filed my taxes and I had unemployment? The IRS also recently announced that filers who submitted their 2020 tax returns without accounting for a tax exemption on $10,200 of unemployment…
This year (2021) is the latest start to tax season that we have ever seen! Leave it to your local tax experts at Meadville Tax Service to guide you through it. Call 814–333-2488 to schedule an appointment today! There are several important dates taxpayers should keep in mind for this year’s filing season: February 12. IRS…
Tax day is July 15, in exactly two weeks. Circumstances this year have been difficult to say the least, so a lot of people may not be ready to file or pay their taxes just yet. Read on to discover what are the alternatives available in each situation. Request an Extension to file People who…