Taxes

COVID-19 has caused the death of over 300,000 people. There have been nearly 19 million reported cases in the United States. COVID-19 has touched nearly every aspect of the lives of every American. It has even affected finances for most Americans as well, creating waves

QuickBooks Online saves time and improves accounting accuracy in numerous ways. One example is its support for recurring transactions. It’s easy to get distracted when you’re doing dull, repetitive accounting work. That distraction leads to errors sometimes. So, besides the time you’re spending on work

January 4 - Time to Call for Your Tax Appointment - January is the beginning of tax season. If you have not made an appointment to have your taxes prepared, we encourage you to do so before the calendar becomes too crowded. January 11 -

Article Highlights: Benefits Eligible Taxpayers Rules for Students, Dependents of Others and Individuals Under the Age of 18 Due Date for Contributions   Low- and moderate-income workers can take steps to save for retirement and earn a special tax credit.  The saver’s credit, also called

What is Personal Income tax? How does it affect you? Individual income tax, or what is commonly called personal income tax, is money that the government takes from a person based on the money they make. This levy is placed on salaries, dividends from investments,

Understanding the Individual Taxpayer Identification Number: What is it and why do you need it An Individual Taxpayer Identification Number is issued by the IRS for resident and non-resident foreigners, with their spouses and dependents. It is given primarily to people who do not qualify

IRS payment options There is a variety of options for taxpayers when paying their taxes. The IRS has also tried to comply with Covid-19 regulations by encouraging less in-person payments. They had also given extensions for filing taxes for the year 2019 income tax liability

IRS letters: Everything you need to know The Internal Revenue Service (IRS) sends out communication with taxpayers every day. These letters are sent out for a variety of reasons and are not a reason for you to panic. IRS letters can be sent when you

I moved! How to notify the IRS that your address changed We all move for different reasons. Sometimes it is for work, other times to get closer to family, or maybe to get a change of scenery. What is important is that you remember is