Levine, Jacobs & Company, LLC, Senior Member Offers Insight On Unemployment Benefits And 2020 Taxes
How to get a copy of your taxes.
- Newark, NJ (1888PressRelease) October 29, 2021 - Michael H. Karu, CPA/CFF, Senior Member, Levine, Jacobs & Company, LLC., was quoted on NJ.com where he discussed the 2020 changes Congress made to unemployment taxes. Many questioned how to get a copy of a past tax return that the IRS had changed.
In the article, ‘How can I get a copy of a past tax return the IRS changed?’ Karu stated, “When the IRS adjusts a tax return, its policy is to send a notice detailing that change.” He continued, “With the huge number of tax returns that needed to be adjusted due to the late amendment to the tax code allowing for a potential deduction of up to $10,2000 of unemployment benefits received, some people may not have received it.”
Karu further noted, “Your best option would be to download both the Tax Transcript and the Account Transcript from the IRS website.”
To read the article, please click here.
To speak with and/or set up an interview with Levine, Jacobs & Company, please contact Amy Delman, Amy Delman Public Relations, LLC, 201.563.4614 or amydelmanpr ( @ ) verizon dot net dot
Michael H. Karu, CPA/CFF, Senior Member of Levine, Jacobs & Company, LLC, a Livingston-based accounting and consulting firm. He is qualified by the Superior Court of New Jersey, Family Part, as an expert witness and as an authority on business valuations, specifically for closely held or family-owned businesses. Additionally, he is Certified in Financial Forensics a Chartered Global Management Accountant, and a Certified Divorce Mediator.
Karu received his B.S. degree in Business Administration from The Ohio State University and holds professional memberships in the American Institute of Certified Public Accountants, the AICPA Tax Division and the AICPA Business Valuation, Forensics and Litigation Services Section, as well as the NJ State Society of CPAs. Karu is a published author of numerous articles seen in trade and consumer publications and has been a guest on radio and television shows.
Levine, Jacobs & Company, L.L.C. maintains memberships in the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants. The firm prides itself on its teamwork abilities where “every account receives the talent and expertise of the whole firm.”
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