Up to $400 Tax Rebates Returning to Virginians: What You Need to Know
Read full article: Up to $400 Tax Rebates Returning to Virginians: What You Need to KnowSince taking office three years ago, Governor Youngkin has announced tax rebates for Virginians each year. On Wednesday, he said strong job growth and more than $10 billion in surplus revenue are fueling a record $9 billion in tax relief.
Your federal taxes are due in less than a week; Hereโs how to still get them done in time
Read full article: Your federal taxes are due in less than a week; Hereโs how to still get them done in timeThe clock is ticking on the deadline to file your federal taxes. However, if you havenโt started, there is no need to panic. You still have a little bit of time left to get everything done.
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Coronavirus stimulus checks add new complication to tax return season
Read full article: Coronavirus stimulus checks add new complication to tax return seasonROANOKE, Va. โ Americans are preparing to receive money from the government, but not just in the form of $600 stimulus checks. Tax return filing season will likely begin by the end of January and tax return preparer David Kembel anticipates the process will have an additional significance this year because of the stimulus payments. Kembel said thatโs because of the IRS, not because of individual tax return preparers. โJust give everyone some money and donโt worry about it, but they did tie it to taxes.โKembel expects many Americans to file early because of the stimulus checks, but tax return preparers are used to an early flood of customers every tax season. โEverything in between is just a blur.โThe IRS has not yet set the first day for filing tax returns.
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Tax day: What you need to know to avoid penalties
Read full article: Tax day: What you need to know to avoid penaltiesROANOKE, Va. Wednesday, July 15 is Tax Day. If youre a procrastinator and this deadline snuck up on you, Kembel Tax Services in Roanoke have advice for you. If you need more time you have to get an extension by Wednesday to avoid paying penalties with interest. Kembel said, The biggest thing they need to understand is the extension only extends the paperwork, it only extends a tax return. If you end up paying the IRS too much, once you file your taxes youll get a refund.

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