The 2019 deadline to file and PAY your taxes is days away!!! July 15th to be exact. I still have space to take a few more tax returns, but You CAN request an extension to FILE your taxes, but there is no extension to PAY any taxes owed. To avoid penalties and fines you must […]
Unfiled Taxes From 2018 and prior? It Could Affect Your COVID19 Stimulus Check.
As of today, Congress is still negotiating the COVID-19 Stimulus payment checks. Once settled they will work with the IRS to get those checks out to us. Yes… I said Congress is working with IRS; SO if you have not filed prior year taxes, you may have an issue on your hands. Here’s a statement […]
It’s Tax Time – What Do I Need???
The 2019 Tax Season officially began on January 27th . So if you haven’t started getting ready for it… IT’S TIME! Here are the things you may need to gather so you’ll be ready for tax preparation services: IF you worked, received social security or retirement income, received a settlement payment, received Unemployment Insurance payments, […]
No More Deduction for Job Expenses, Including Home Office
Back in the day folks could use certain out-of-pocket employment expenses as a tax write-off; but as 2018 things have changed. Now, remember… I’m talking about potential w2 employment expenses, NOT self-employment expenses. Here are some examples of job expenses that were deductible for tax years 2017 and before, but are now not deductible for […]
Do You Make Charitable Contributions From Your Business???
So you enjoy giving money to charitable organizations, do you??? Yes! I knew you did. You love to give to great causes and so do I. So give and don’t stop. In addition to the good feeling of giving, it’s also kinda nice knowing you can write those donation off on your taxes. Right??? Well.. […]