u.s. treasury Archives | Fast Forward Accounting Solutions

Tag Archive for: u.s. treasury

businessman_irs_desk with computer papers and calculator_canstockphoto54052181 845x345

IRS Pledges More Audits Of The Wealthy And Better Customer Service

April 10, 2023

The agency’s newly released strategic operating plan lays out the specifics of how the IRS will allocate the $80 billion or improved operations, through fiscal year 2031, that was approved in that legislation.

businessman_irs_desk with computer papers and calculator_canstockphoto54052181 845x345

When, Why & How To Return Stimulus Money To The IRS

February 22, 2021

There are several circumstances in which the IRS would want you to return a stimulus check you received in error. It's also important for you to know your stimulus check rights and key details about the checks and taxes. CLICK ON THE HEADLINE FOR MORE

businessman_irs_desk with computer papers and calculator_canstockphoto54052181 845x345

IRS Extends Deadline For Americans To Register For Full Stimulus Money

November 2, 2020

The IRS just announced that it was extending the deadline to register for stimulus money -- up to $1,200 for one person and $3,900 for a family of five -- to Nov. 21. CLICK ON THE HEADLINE FOR MORE

businessman_irs_desk with computer papers and calculator_canstockphoto54052181 845x345

Three Tax Moves to Make Before July 15

July 13, 2020

Now that the July 15 date is rapidly approaching, it's about time to tie up any loose tax details you may have left hanging back in March. CLICK ON THE HEADLINE FOR MORE

businessman_irs_desk with computer papers and calculator_canstockphoto54052181 845x345

Here’s A Silver Lining To Coronavirus, And It Could Put Money In Your Pocket

March 10, 2020

The burning desire to redo mortgages had already been high since the first of the year, as falling interest rates moved them to revise their repayment terms — downward. Now, the Federal Reserve just announced an emergency interest rate cut designed to curb the economic damage from the burgeoning coronavirus. CLICK ON THE HEADLINE FOR MORE

businessman_irs_desk with computer papers and calculator_canstockphoto54052181 845x345

Brexit: Is This Like The 2008 Financial Crisis?

June 27, 2016

With the U.K. voting to leave the European Union and investors around the world in full-fledged panic mode, could this be the beginning of the end for the EU and even the start of another financial crisis? CLICK ON THE HEADLINE FOR MORE

Recent Posts

When To Worry If Your Tax Refund Is DelayedApril 22, 2024 - 6:55 pm
The IRS used some of its $80 billion in funding from the Inflation Reduction Act to hire thousands of new employees and improve its automated systems, which reduced the backlog significantly. But some returns can still take a while to process. If you’re still waiting for your tax refund, there is some information you need to know.
Can’t Pay Or File Your Taxes By April 15? Here’s What Happens If You Missed Monday’s DeadlineApril 15, 2024 - 9:35 pm
Failing to file on time when you still owe taxes will subject you to a failure-to-file penalty, which is based on how late your return is and the amount of your unpaid tax . You will also be hit with a failure-to-pay penalty. The good news is you still have time to rectify those situations before you’re penalized.
Four Must-Dos Before Tax Season Wraps UpApril 8, 2024 - 8:39 pm
It’s gratifying to close the books on tax season. But before you do, there are just few things you might want to take care of while you’re still on the tax zone.
Don’t Like Your 2024 Tax Refund? Here’s An Easy Way To Get A Bigger One Next YearApril 1, 2024 - 8:58 pm
It’s fairly simple to make your tax refund bigger or smaller each year: It takes just a few minutes, once you have the paperwork in hand. The IRS even bakes the process into one simple step on its tax forms.
How To Reduce Capital Gains Taxes And Save MoneyMarch 26, 2024 - 1:04 am
There are various tactics and techniques investors can employ to reduce their capital gains taxes effectively. From tax-loss harvesting to utilizing retirement accounts and charitable giving strategies, actionable methods can help save money and optimize tax outcomes.
Student Loan Forgiveness Email Scams: How To Detect It And Avoid It?March 18, 2024 - 9:07 pm
From suspicious calls to deceptive emails and text messages, student loan forgiveness scams can come in various forms. There are ways, however, you can identify and avoid these scams along with steps to take if you believe you’ve been targeted.
Answers To 15 Common Tax QuestionsMarch 11, 2024 - 9:11 pm
This is the time of the year people are searching for free tax help they can trust, trying to squeeze out more valuable deductions, hoping to avoid penalties or audits, eagerly awaiting their refunds or wanting to make sure they aren’t victims of tax scams. Read on for answers to the most common tax questions.
2024 Tax Refund Schedule: When Will You Get Your Payments This Tax Season?March 4, 2024 - 8:48 pm
The IRS has been processing tax returns more quickly this year. It’s important to note, however, that the IRS Tax Refund Schedule 2024 lists additional conditions that may affect the timing of tax refunds, including how quickly you submit and whether you are seeking certain credits.