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The Hobbs, Here Are Your Articles for Friday, January 14, 2022
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IRS to accept 2021 tax returns starting Jan. 24

The IRS will begin accepting and processing 2021 tax returns starting Jan. 24. Click the photo to read more.

IRS is in 'crisis,' facing massive backlog as new tax season starts

The Internal Revenue Service had more than 11 million unprocessed tax returns left over from the "most challenging year" taxpayers ever experienced and will begin the upcoming filing season already behind.

IRS Presents Filing Tips for 2022

It's been a busy few months on the tax front, and as the filing date draws closer, the IRS is giving some filing advice. Click through for a summary to help you prepare for your financial reckoning on April 15.

What to Know About Tax Prep

In the coming weeks, taxpayers will be getting various documents needed to prepare their annual income tax returns. Click through for some tips on organizing your papers to make the process easier as we approach April 15.

Payroll Tax Rates and Contribution Limits for 2022

The payroll tax rates and contribution limits for 2022 have been released, and there are lots of changes. Click through to see exactly what is changing so you can make plans for the coming months.

IRS Offers Guidance on ERC

The Infrastructure Investment and Jobs Act amended the law so that the Employee Retention Credit applies only to wages paid before October 1, 2021, in most cases. Click through for new guidance on how to manage this change.

Insurers Must Now Cover COVID-19 Tests

The Biden-Harris administration is requiring insurers to cover the cost of over-the-counter, at-home COVID-19 tests. Click through to see how those with private health coverage can now get free tests.

The Hobbs Group, P.A.
The Hobbs Group, P.A.
1704 Laurel Street, Columbia, SC 29201
O: (803) 799-0555 F: (803) 799-4212
125 W. Stone Ave., Greenville, SC 29609
O: (864) 271-7503 F: (864) 751-5889
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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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