Global Accounting Blog
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Global Accounting is a comprehensive veteran-owned accounting firm that helps an individual, small business, & federal agencies. We offer a full suite of accounting services including internal controls, accounting, attestation work, bookkeeping, tax services, & management consulting services. Global Accounting Blog keeps you updated with audits, taxes, economic, accounting changes, and..
Global Accounting Blog
2y ago
Delayed Refunds Due to RRC Discrepancy
We’ve been hearing from members that some of their clients are still waiting on refunds when they filed their tax returns in February. Some tax returns take longer to process than others, including when a return:
Includes errors such as an incorrect recovery rebate credit (RRC) amount
Was filed with missing information
Is affected by identity theft or fraud
Includes a claim filed for an earned income tax credit or an additional child tax credit using 2019 income
Includes a Form 8379, Injured Spouse Allocation (this can take up to 14 weeks ..read more
Global Accounting Blog
2y ago
By Dr. West and Global Accounting Team | Jul 27, 2021, 11:23 AM EDT
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Global Accounting Blog
2y ago
By Dr. West and Global Accounting Team | Jul 22, 2021, 2:06 PM EDT
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Global Accounting Blog
2y ago
By Dr. West and Global Accounting Team | Jul 20, 2021, 9:45 AM EDT
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Global Accounting Blog
2y ago
By Dr. West and Global Accounting Team | Jul 16, 2021, 9:31 AM EDT ..read more
Global Accounting Blog
3y ago
By Dr. West and Global Accounting Team | Jul 15, 2021, 10:49 AM EDT
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Global Accounting Blog
3y ago
The Labor Department reported that the U.S. economy added 850,000 jobs in June, a beat against expectations for an increase of about 706,000 ..read more
Global Accounting Blog
3y ago
By Dr. West and Global Accounting Team | Jul 1, 2021, 10:40 AM EDT
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