The IRS will begin processing returns for 2021 taxes, beginning Jan. 24. If the federal agency doesn't extend the tax season deadline -- as it has for the past two years -- taxpayers have until April 18 to submit their tax returns. "The pandemic continues to create challenges, but the IRS reminds people there are … Continue reading Tax season starts Jan. 24
Taxpayers who are worried they didn't pay enough in income taxes during 2021 have some good news. They can avoid a big surprise tax bill and potential penalties and fees by making a quarterly estimated tax payment, according the Internal Revenue Service. Taxpayers have until Jan. 18 to make payments for 2021's fourth quarter. Self-employed … Continue reading Estimated tax payments due Jan. 18
Your brain may be flooded with holiday to-do lists this December. But there’s another checklist you should run through now that could affect your financial situation next year. Here are a few ways to help reduce your taxable income and put you in a better position for a larger tax refund next year. UPDATE YOUR … Continue reading Make your tax return happy and check off this list by Dec. 31
Help make your 2017 tax appointment run smoothly with this checklist from Peekz Consultin.
Taxpayers expecting large returns from the IRS this year already may be dreaming of what to do with their hefty cash infusion.
With all the headaches that can come with filing taxes, we are hoping to eliminate stress associated with at least one of them for our clients -- scheduling your tax appointment.
If you thought robocalls were suspicious before the Equifax data breach, it’s time to go on full alert.
The 2017 tax filing deadline is upon us. That means life will calm down a bit for accountants, but things could heat up for taxpayers who miss the April 18 deadline. Anyone who owes taxes and doesn't file by midnight April 18 risks federal penalties for failing to file and pay on time, plus possible … Continue reading Tax deadline procrastinators face ‘stiff’ penalties
The IRS recently warned that the returns of taxpayers claiming two credits could experience a delay in 2017.