Tax Updates July 12, 2021

“Dirty Dozen” Scams Identified The IRS is alerting taxpayers to beware of specific tax scams with its ongoing “Dirty Dozen” series. Pandemic-related scams like Economic Impact Payment (EIP) theft (whether fraud or mailbox theft) continue to be an issue. Phishing scams persist, which include fake emails, text messages, websites and social media as tools to […]

IRS Tax Updates

Advance Child Tax Credit Payment Tools The IRS and Treasury have unveiled an online Non-filer Sign-up tool to assist eligible families who don’t normally file tax returns to register for the monthly Child Tax Credit payments scheduled to begin July 15. The tool is an update of last year’s Non-filers tool which helped individuals claim […]

Good News in York County – July

Good News in York County Occasionally we like to share some positive news from the local area. It’s hot, but there are still some great things happening in York County this month! Veteran Gets Mortgage-Free Home Local veteran Tamekia Sanders received the keys to her Fort Mill ‘American Dream’ on July 15, thanks to Operation […]

Earning Money From Hobbies: An IRS Tip

Money-making Hobbies Hobbies can be a great source of fun and recreation, and they can also be a source of income. Whether it’s making art, arranging flowers, or baking muffins, taxpayers must report any money they make on their tax return. Business Or Hobby? The rules governing the reporting vary, depending on whether the activity […]

4 Tax Topics Little Giant Tax Can Teach Your Organization

Tax Topics for Speaking Little Giant Tax Service was founded in 1994 and we continue to help local businesses and taxpayers with all their tax-related needs, including lectures and speaking on topics related to taxes. Among the many topics taught by Melynda and Danielle, these four topics show how a group could benefit from our […]

July IRS Updates

July IRS News It’s summer, many people are not thinking about taxes, but there are still important things happening in and around the IRS. Here are some important updates you should notice. Data Security Updates A new awareness campaign has been launched by the IRS and its Security Summit partners. The campaign is primarily aimed […]

IRS News Updates July 1

Here are important IRS updates from the end of June. IRS News Updates Beat the Rush On ITIN Renewal Over 2 million ITINs (Individual Taxpayer Identification Numbers) are set to expire at the end of this year. The IRS urges those affected to submit their application for renewal to avoid delays in the processing of […]