Francine J. Lipman In The News
The National Interest
The American Rescue Plan, which passed back in March, did not include a provision that would prevent private debt collectors from garnishing the stimulus checks. There were some attempts by lawmakers to close that loophole, during and after the legislative process, but it remained in place.
Law360
The government sent out an additional 1.1 million stimulus payments last week, but some low-income taxpayers won't receive them because of Congress' failure to keep the money from going to private debt collectors instead.
The Center Square
All but one of the 10 most tax-friendly states experienced gains in population from 2019 to 2020, according to a new analysis from MoneyGeek, a personal finance technology company located in San Francisco.
Money
Each spring Jim Lundy gives up his weekends to file taxes for his clients, but there’s a secret most of them don’t know: He hates doing his own. “It’s like you use up all your energy on your clients’ tax returns and the last thing you want to do is go to work on your own,” says Lundy who works for Marcum LLP out of the Nashville office.
Marketplace
With tax season in full swing, there’s some good news for those who haven’t filed yet: The deadline has been extended from April 15 to May 17 for individuals.
Pissed Consumer
Many taxpayers don’t waste time and file income tax returns before the deadline. While doing so, some complain that the filing process gets painful because the IRS is not responsive to their concerns, or they somehow missed the IRS notice and now face penalties. So, how does the IRS work and what should you do when dealing with them?
Pissed Consumer
For millions of US consumers, this tax filing season might bring some hassle. As a taxpayer, you want to save more money on your tax bills while also benefit from your tax returns. PissedConsumer has interviewed tax experts, CPAs, and financial advisors, to get the best answers to the most important questions about tax filing 2021.