The federal government provides special tax law provisions to help taxpayers and businesses recover financially from the impact of Hurricane Ian.
Tax Filing
Forgot Something on Your Tax Return? It’s Not Too Late to Amend the Return
If you discover that you forgot something on your tax return, you can amend that return after it has been filed. The need to amend can include a number of issues.
The Tax-Filing Deadline Is Drawing Near
As a reminder to those who have not yet filed their 2021 tax returns, April 18, is the due date to either file a return or file for an automatic extension.
Watch Out for Tax Penalties – Corporate Tax Return Prep
Most taxpayers don’t intentionally incur tax penalties, but many who are penalized are simply unaware of the penalties or the possible damage they can do to their wallets. As tax season approaches, let’s look at some of the more commonly encountered penalties and how they may be avoided.
January 2022 Business Due Dates – Corporate Tax Return Prep
If you are an employer that deferred paying the employer share of social security tax or the railroad retirement tax equivalent in 2020, pay 50% of the deferred amount of the employer share of social security tax by January 3, 2022
Filing as Married Separate? Better Read This.
Married taxpayers have two options when filing their 1040 or 1040-SR tax returns. The first and most frequently used filing status is married filing joint (MFJ), where the incomes and allowable expenses of both spouses are combined and reported on one tax return. The joint status almost always results in the lowest overall tax. Spouses […]