Tax Due Dates For August 2020
August 10 Employees Who Work for Tips - If you received $20 or more in tips…
Small Business Tax Tips: Payroll Expenses
Federal law requires most employers to withhold federal taxes from their employees' wages. Whether you're…
Tax Facts To Know If You Are Selling Home This Year
In most cases, gains from sales are taxable. But did you know that if you…
Temprory Relief For Retirement Plan Participants
Temporary administrative relief has been issued that helps certain retirement plan participants or beneficiaries who…
RIC Shareholder Dividends Qualify As Section 199A
Section 199A, enacted as part of the Tax Cuts and Jobs Act (TCJA), allows individual…
What Is Form1990 NEC ?
Starting in tax year 2020, payers must complete Form 1099-NEC, Nonemployee Compensation to report any payment of…
Tax Breaks for Teachers and Educators
While many schools are switching to hybrid or remote learning models, teachers and other educators…
Filing On Amanded Tax Returns
If you discover a mistake on your tax return after you've already filed, don't panic.…
Protect Tax Records Before Disaster Strikes
As such, it's always a good idea to plan for what to do in case…
Exiting a Business: Which Option Is Right for You?
Selecting your business successor is a fundamental objective when planning your exit strategy and requires…
Dirty Dozens Tax Scam: 2020 Editions
The "Dirty Dozen" is a list of common tax scams that target taxpayers. Compiled and…