Actions taxpayers should take if they missed April filing and payment deadline
Taxpayers who missed the April 15 filing deadline should submit their federal tax return as soon as possible. Those who missed the deadline to file and owe taxes should file as soon as possible to…
The Health Care Law’s Effect on Your Tax Return
The Affordable Care Act contains tax provisions that affect the 2014 income tax return you file this year. Almost everyone is affected by the individual shared responsibility provision while only people who purchased coverage…
Six Things You Need to Know to be Great in Business Today
The Rocky Balboa franchise first came into our lives in 1976. Detroit and Motown both were still churning out hits — cars and records, respectively. Akron was still the tire capital of the world. Rocky…
Save Twice with the Saver’s Credit
If you are a low-to-moderate income worker, you can take steps now to save two ways for the same amount. With the saver’s credit you can save for your retirement and save on your taxes…
Important reminders for people filing their tax return at the last minute
The April deadline for filing a 2021 tax return is near, but IRS tax help is available 24 hours a day on IRS.gov. Whether filing a tax return, requesting an extension, or making a payment,…
Tax planning doesn’t stop after a taxpayer files a tax return
Just because a taxpayer filed a tax return doesn’t mean they should forget taxes until next year. What a taxpayer does now may affect the tax they owe or the refund they may receive next…
Affordable Care Act – Individuals
New IRS Publication Helps You Find out if You Qualify for a Health Coverage Exemption Taxpayers who might qualify for an exemption from having qualifying health coverage and making a payment should review a new…
Check “Get My Payment” for status of third EIP and watch the mail
The IRS continues to issue the third round of Economic Impact Payments to eligible individuals, with payments being issued as a direct deposit or by mail as a paper check or prepaid EIP debit card. No action…