- Posts by William M. Howieson
Senior AssociateWill is a practical tax and business attorney who is dedicated to helping clients solve complex legal problems and achieve their tax and business goals.
Yes, taxpayers can opt out! While the monthly payments of the enhanced child tax credits, passed last spring by Congress as part of the American Rescue Plan, are helpful to many American families, they could actually create issues for others, with some taxpayers actually owing money to the federal government next year if they were to receive such tax credits now.
To alleviate burdens on taxpayers and their representatives, the IRS allowed temporary use of electronic signatures for a limited number of tax forms.