Mila YazykovaMay 291 minEconomic Impact Payment FAQsMany people have already received their Economic Impact Payment, and many more will be getting them soon. Whether it’s already there or on the way, the payme...
Mila YazykovaMar 181 minTreasury secretary announces 90-day delay in tax payment deadlineYOU can delay YOUR tax payments In a press conference on Tuesday, March 17, Treasury Secretary Steven Mnuchin announced that individuals and corporations can...
Mila YazykovaMar 121 minFive ways taxpayers can pay their taxesPaying taxes is not optional – it’s the law. But the good news is taxpayers do have options when it comes to how they pay their taxes. The IRS offers several...
Mila YazykovaFeb 281 minYou may benefit from the credit for other dependentsTaxpayers with dependents who don’t qualify for the child tax credit may be able to claim the credit for other dependents. The maximum credit amount is $500 ...
Mila YazykovaFeb 271 minCertain individual tax provisions extendedDeduction for above-the-line qualified tuition and related expenses, Tuition and Fees Deduction, Deduction for mortgage insurance premiums treated as qualifi...
Mila YazykovaFeb 111 minItemized deductionsTaxpayers may need to itemize deductions because they can't use the standard deduction. They may also itemize deductions when this amount is greater than the...
Mila YazykovaJan 271 min What does it means - backup withholdingThe person or business paying the taxpayer doesn’t generally withhold taxes from certain payments. They don’t do this because it’s assumed the taxpayer will ...
Mila YazykovaJan 271 minFor the majority of Payroll taxes deadline is January 31.Small business owners should review the rules for filing two commonly-used employment tax returns. The two forms are: Form 944 Employer’s Annual Federal Tax ...
Mila YazykovaJan 151 minReasons for people to file a 2019 tax returnHere are reasons for people to file a 2019 tax return: 1. Look at tax withheld or paid, 2.Look into whether they can claim the earned income tax credit 3.Chi...
Mila YazykovaJan 91 minThe Internal Revenue Service confirmed nation's tax season 2020Tax season for 2019 starts on January 27, 2020.
Mila YazykovaJan 81 min4 common mistakesA small business owner often wears many different hats. They might have to wear their boss hat one day, and the employee hat the next. When tax season comes ...
Mila YazykovaJan 81 minYear End Payroll Taxes The tax season is coming very fast and it will be for payroll taxes on the first place. Small business owners should review the rules for filing two commonly...
