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Kahn, Berman, Solomon Taibel & Mogol, P.A.
307 International Circle, Suite 620
Hunt Valley, MD 21030-1487
Phone: 410-308-0300
Fax: 410-308-0303
Email: info@kbstm.com
Website: www.kbstm.com
IRS ISSUES REFUNDS
The IRS has issued more than 2.8 million in refunds to taxpayers who paid taxes on unemployment compensation before the American Rescue Plan Act excluded $10,200 in unemployment compensation for 2020. Approximately 13 million taxpayers may be eligible for adjustments that the IRS will automatically make to avoid needing taxpayers to file amended tax returns.
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