Last April 30, 2020, the IRS Notice 2020-32 was issued, and according to it, there should be no deductions for qualifying business loans that are under the Paycheck Protection Program...
Posted by LLOYD J CAZES CPA on 07/09/2020
Recognize whether which of the standard deduction and itemized deduction suits you before you file.Although you don’t have plenty of choices when it comes to paying taxes, you...
Health Coverage Tax Credit is a federally funded program designed to assist people certified as displaced workers by the United States Department of Labor, and those who are over 55...
Posted by Don Bell Law on 06/22/2020
As the number of COVID-19 confirmed cases continues to increase in the United States, the federal government is taking steps to reduce the impact on taxpayers. In particular, the Internal...
Posted by Freddie Cook, CPA on 05/17/2020
One of the tasks a person cannot put aside is filing taxes even though this might not be an interesting task to do on a weekend but filing your tax return evades a person from embarrassment...
Posted by Advanced Accounting & Tax Planning on 04/27/2020
Did you know that employers deduct income tax from the paychecks and remit of their employees and report it to the IRS? If you’re an employee, you will receive an IRS Form W-2,...
Posted by Advanced Accounting & Tax Planning on 04/27/2020
Many people are usually confused about the benefits of a spouse or an ex-spouse. People also wonder what happens with their spousal benefits if claimed before or after the full retirement...
Posted by Flynn Financial Group Inc on 04/27/2020
RAL or a Refund Anticipation Loan is recommended by most of the companies that offer tax preparation services against their income tax return. In just minutes the tax refund anticipation...
Posted by Accountable Solutions on 04/02/2020
Many people without wealthy parents or access to scholarship will find college expenses overwhelming. In addition to the high tuition fee, there are many expenses. The good news is...
Posted by Don Bell Law on 04/02/2020
