We are the
The Tax Institute is H&R Block’s center of tax expertise. We are highly experienced tax attorneys, CPAs, enrolled agents and more. We fuel H&R Block’s offices and tax programs with expert research and analysis—giving our clients an unparalleled benefit.Learn More
Your trusted source for tax expertise
We have our finger on the pulse of federal and state tax matters and provide tax insight and guidance through original authoritative articles.
New laws. Tax code changes. Specialized tax issues. You name it, we write about it. Here you’ll find practical insights on a wide range of tax topics affecting individuals and businesses.
When tax issues are in the news, so are we. Journalists and industry press outlets look to the experts at The Tax Institute for research and analysis on the practical impacts of tax issues.
Unemployment compensation exclusion on 2020 returns
ARPA exempts the first $10,200 of unemployment compensation per person for 2020.
Form 1040 due date May 17, 2021; IRS gives more relief to Form 1040 filers
The due date to file and pay 2020 individual tax returns (Form 1040) is postponed to May 17, 2021. Penalties and interest will not accrue before May 18.
Does a 2020 retirement plan offset qualify for special 2020 COVID-19 retirement rules?
Question of the Week 3/31/21: Two clients had outstanding 401(k) loans when they lost their jobs due to COVID-19. Will they qualify for the 2020 retirement plan loan offset rules?
How do distributions and losses that exceed basis impact an S corporation shareholder?
An S corporation shareholder took distributions from his business, guaranteed a business loan and co-signed a loan in 2020. How does this affect his basis?