IRS

Due to the recent wildfires affecting Southern California, the IRS announced on January 10th, 2025 that they would provide tax relief for individuals and businesses affected by the circumstances surrounding the wildfires and straight-line winds. The tax relief is offered to those residing within the designated areas established by the Federal Emergency Management Agency (FEMA),

The IRS (Internal Revenue Service) has already sent the Letters for the payments made in 2021 to all taxpayers who qualified Letter 6419 for “Advance Payments of the Child Credit” and Letter 6475 for “Stimulus Payments”.⁣ Important: These letters will be part of the documents necessary for the presentation of your 2021 Taxes.⁣