Now more than ever, it's crucial for individual taxpayers to understand the recent adjustments and new laws affecting tax filings. 2024 brings several significant changes, from adjustments in tax brackets and deductions to the introduction of new credits and the expiration of pandemic-related provisions. Today we are providing a comprehensive overview of these changes and their potential impact on individual... read more »
If you are a small business owner, you are likely always seeking out ways to maximize your tax savings. With the ever-changing tax laws and regulations, it can often be overwhelming to navigate the complex tax landscape. But with just a little bit of planning and the right strategies, you can often minimize your tax liability, allowing you to keep... read more »
Did you know that the Treasury Department and Internal Revenue Service extended the federal income tax filing due date for people filing for the 2020 tax year from April 15, 2021, to May 17, 2021? That's because the IRS wants to help you file your taxes while you are figuring out the pandemic uncertainties. Just remember that filing electronically using... read more »
Tax filing season is upon us, and many people find that filing their taxes is highly stressful, wondering if they will get a refund this year or be paying taxes. If you are among those, rest assured, you are not alone. Like many taxpayers this year, you may have stimulus payments, unemployment income, and PPP loans to consider when filing... read more »
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