Individuals and small businesses should consider various ways of starting off on the right foot for the 2023 tax year.
Here are some common tax forms you need to watch for and be careful not to discard any accidentally.
Take a look at the changes that will impact your 2023 tax return when you file it in 2024.
When was the last time you or your attorney reviewed or updated your will or trust? If it was some time ago before the passage of substantial tax law changes over the past few years, your documents may be out of date. Among the many changes was a substantial revision to the estate tax exclusion.
Having a side hustle may mean that you are responsible for your self-employment tax, as well as federal and state tax.
Your tax forms are coming soon. Make sure you receive everything you need for your 2021 return. What tax forms to expect when tax season comes. Your tax documents for the 2021 return should have arrived, or will soon.
The normal April 15, 2021 filing deadline for 2020 individual tax returns was extended by the IRS to May 17, 2021 due to the continuing Covid-19 pandemic. If you could not complete your 2020 tax return … Read More
Every business must file annual wage reports. But whether to use a W-2 or 1099-NEC depends on which earners are employees & which are independent contractors.
Dear Valued Clients and Prospective Clients, As the Coronavirus disease (COVID-19) emergency continues to grow, we are sharing with you our office policy and the latest Coronavirus emergency news as it pertains to this tax season. … Read More
Some taxpayers go the old route of filing paper tax returns. This is a great time to implement electronic filing. Since the April tax deadline is very close, this is the as good a time as any to e-File with the IRS. This blog lists 5 reasons why you should e-file your income tax return soon.