Here are must-know changes for the 2021 tax season

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There are significant changes for the 2021 tax season. Here’s what filers need to know and how to prepare, according to experts.

Another year of grappling with coronavirus has led to significant tax law changes for the 2021 season.

However, there are strict income limits for some benefits, and older taxpayers must restart required distributions from retirement accounts.Another year of grappling with coronavirus has led to significant tax law changes for the 2021 season. Here are some of the biggest changes for individual taxpayers and how to prepare, according to financial experts.to $3,000 for families with kids 17 and under for 2021, with an extra $600 for children under age 6.

 

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