Article Highlights:Stimulus Payments to Deceased Individuals Stop Payments Being Made on Checks Already Issued IRS Authority to Deny Stimulus Payments to Deceased Individuals History...
Posted by Ace Plus Tax Resolution on 08/04/2020
Since President Donald Trump persistently refuses to sign a spending deal that doesn’t include $5 billion for his wall at the US-Mexico border, the federal government remains...
There are some tricky income tax and Social Security tax rules that ministers have to face with regards to how their income is taxed, how to claim an exemption from self-employment...
Posted by Affordable Accounting Assistance on 01/24/2019
For those who have moved into the world of self-employment or business ownership, there is a question of how to handle paying their taxes. After all, in a traditional employer setting,...
Coastal Business Services understands that the tax laws can be confusing to most taxpayers. While it would be ideal to just fill out a few yes or no questions and be done for the year,...
If you own a rental property, you should know your federal tax obligations. All rental income needs to be reported on your tax return, and the associated expenses can generally be...
Are you wondering if there is a hard rule on taxable income and non-taxable income? The answer is simple: all income is taxable unless it is expressly excluded by law. But, as you've...
Taxpayers are allowed to amend tax returns using the form 1040x if the following cases occur: a mistake was found in the tax return, failure to file eligible deductions or credit,...
Before leaving the United States, all foreigners (except those listed below) must obtain a "Certificate of Compliance" from the United States Internal Revenue Service. This...