Video Tax Tip
- By Accounting Solutions PLLC Accounting Solutions PLLC
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- 25 Aug, 2021
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The IP PIN is a six-digit number assigned to eligible taxpayers to help prevent the misuse of their Social Security number on fraudulent federal income tax returns. Learn more:
https://www.irs.gov/IPPIN.
ABLE accounts.
Achieving a Better Life Experience or ABLE accounts are tax-advantaged savings accounts for individuals with disabilities and their families. These accounts help disabled people pay qualified disability-related expenses without affecting their eligibility for government assistance programs. https://www.irs.gov/newsroom/able-accounts-a-valuable-financial-solution-for-people-with-disabilities
Roughly 39M households in the U.S. will automatically get monthly payments of the Child Tax Credit starting on July 15, 2021. Learn more from IRS at: https://go.usa.gov/xHeUu