President Biden recently outlined the American Families Plan extends the tax breaks of the American Rescue Plan for lower- to middle-income taxpayers. If you are making
In the past, online sellers and companies accepting PayPal or other third-party settlement organizations (TPSO) for goods and services only received IRS Form 1099K when
Believe it or not, the government can actually help you on this one! Your SEP IRA and solo 401(k) retirement plans, can enhance your net
The Good News No provision in the tax law denies you a deduction for labor expenses simply because you didn’t file the required Form 1099s.
Now is the time to prepare for how COVID-19 could impact your state tax payments come tax-return time. The tax nexus is based on where
The Internal Revenue Service’s (IRS) new initiative, “People First,” includes new measures in dealing with the fallout of the coronavirus public health emergency. Here are the
You’ll Get a Little Less of a Soaking in 2020! Changes to the tax code mean that your little squirts no longer “take a bath”
What is: The IRS Question: Who Else Profits from This Week’s Big Jeopardy! Championship? The three biggest winners in Jeopardy! history return this week for
Which strategy is better? Paying your $50 doctor’s visit deductible with before-tax or after-tax dollars? If you said “before tax,” check if your employer offers
