Blog | Knox Tax Law PLLC

IRS Warns Taxpayers To Carefully Review Their 1099-G For Evidence Of Voter Fraud!

The Internal Revenue Service today urged taxpayers who receive Forms 1099-G for unemployment benefits they did not actually get because...

Aaron Mullis

Jan 29, 20211 min read

IRS offers guidance on when to expect your refund in 2021.

Under the PATH Act, the IRS cannot issue a refund involving the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC)...

Aaron Mullis

Jan 18, 20211 min read

IRS announces that tax returns cannot be filed until February 12.

On Friday, The Internal Revenue Service announced that the nation's tax season will start on Friday, February 12, 2021, when the tax...

Aaron Mullis

Jan 17, 20211 min read

IRS provides new guidance on treatment of expenses related to PPP forgiveness.

WASHINGTON — The Treasury Department and the Internal Revenue Service issued guidance on January 4, 2021 allowing deductions for the...

Aaron Mullis

Jan 11, 20211 min read

Unemployment Compensation is Taxable

On Tuesday, the IRS issued a reminder that unemployment compensation is taxable. Did you elect to have taxes withheld from your...

Aaron Mullis

Aug 20, 20201 min read

A Class Action lawsuit has been filed against the Department of Education.

https://www.forbes.com/sites/adamminsky/2020/06/01/dept-of-education-discloses-illegal-seizure-of-22-billion-from-student-loan-borrowers/...

Aaron Mullis

Jun 8, 20201 min read

The IRS Has Issued A Proposed Regulation Concerning Fines, Penalties And Other Court Ordered Payment

The Internal Revenue Service issued proposed regualtions under the Tax Cuts and Jobs Act (TCJA) on Tuesday that provide guidance to...

Aaron Mullis

May 14, 20201 min read

Is my mother or father eligible for the additional $500.00 stimulus payment?

If a dependent is 17 or older, they do not qualify for the additional $500. If you claimed a parent or any other relative age 17 or older...

Aaron Mullis

May 14, 20201 min read

Can My Stimulus Payment Be Garnished?

Federal tax refunds, including the Economic Impact Payment, are not protected from garnishment by creditors under federal law once the...

Aaron Mullis

May 13, 20201 min read

Past-due child support is the only item that the IRS should withhold from your Economic Impact Check

The IRS will not withhold funds from your stimulus check to in payment for unpaid federal taxes, state taxes, local taxes, or any other...

Aaron Mullis

May 13, 20201 min read

Social Security Recipients and Economic Impact Payments

Aaron Mullis

May 13, 20200 min read

My Stimulus Payment was missing $500 for my dependent child in college.

Pursuant to the CARES Act, dependent college students do not qualify for an EIP. Even though you may have claimed them as dependents,...

Aaron Mullis

May 12, 20201 min read

I filed my 2019 return so why did the IRS use my 2018 return to determine my stimulus payment?

If you filed your return for 2019, the IRS might still use the 2018 return if the IRS has not finished processing the 2019 return....

Aaron Mullis

May 12, 20201 min read

Where's my stimulus payment?

Although the IRS announced on March 30, 2020 that it would begin issuing Economic Impact payments within the week, many taxpayers have...

Aaron Mullis

May 7, 20201 min read

CONGRESS EXTENDS DEADLINE FOR FILING MOST RETURNS

The 2019 income tax filing and payment deadlines for all taxpayers who file and pay their Federal income taxes on April 15, 2020, are...

Aaron Mullis

Apr 16, 20201 min read

YOU MAY DELAY DEPOSIT OF CERTAIN PAYROLL TAXES

While many believe that all of their payroll taxes are exempt from deposit, that is simply not true. The only item that an employer may...

Aaron Mullis

Apr 16, 20201 min read