Tag Archive for: internal revenue service
Noticed Extra Money In Your Paycheck? The Good And The Bad Of The Payroll Tax Cut
The Social Security payroll taxes usually taken out of paychecks was suspended from September 1 through the end of the year to help Americans financially struggling during the pandemic. But as with most things in life, there’s a catch. It’s essentially a loan. CLICK ON THE HEADLINE FOR MORE
What Will Filing Taxes Be Like In 2021 – How To Prepare
Each year, if necessary, the IRS releases drafts of tax forms, so professionals may comment. This advance notice gives insight on how tax-filing will look different in 2021 – when 2020 income taxes are filed – and what you can do to prepare. CLICK ON THE HEADLINE FOR MORE
The IRS Is Sending Extra Money To Nearly 14 Million Tax Filers. Here’s Who Gets It And Why.
The IRS just announced that it owes interest payments to nearly 14 million Americans who received their individual tax refunds after April 15 or are still owed refunds. CLICK ON THE HEADLINE FOR MORE
Coronavirus Pushes Back Tax Day: How To Get An Extension To July 15
You'll now have until July 15 to file your tax returns, whether you're an individual, trust and estate, corporation and other noncorporation. You can also request an extension beyond July 15.
Three Tax Penalties That Can Cost You Thousands
It's easy to lose money to IRS penalties. But being aware of the rules, you can take steps to ensure you get to keep more of your hard-earned money. CLICK ON THE HEADLINE FOR MORE
Five Mistakes To Avoid When Filing Taxes Early
Why file your taxes early? Why leave taxes hanging over your head until April and then spend a stressful week trying to complete your return? However, early birds should also be careful and take care to avoid mistakes that negate the benefits of an early return. CLICK ON THE HEADLINE FOR MORE