Understanding personal income tax, tax deadlines, tax filing and more. Learn how to preserve wealth through insightful and creative tax planning.
October 17 is fast approaching for people who requested an extension for their 2021 tax return. Taxpayers can file anytime on or before Friday, October 17, 2022. Extension filers should pay tax balance as soon as possible. The deadline to pay 2021 income taxes was April 18th, 2022. For those who owe taxes and can …
October 17 2022 Deadline Approaches for Individual Taxpayers Read More »
If you are required to pay quarterly estimated taxes with the IRS, you can pay online, by phone or by mail. Third installment payment of your 2022 estimated taxes is due by September 15, 2022. Individuals, including sole proprietors, partners and S corporation shareholders, may need to make estimated tax payments if: they expect to …
Individual Taxpayer – Estimated Tax Payment Due September 15, 2022 Read More »
If you are required to pay quarterly estimated taxes with the IRS, you can pay online, by phone or by mail. Second installment payment of your 2022 estimated taxes is due by June 15, 2022. Individuals, including sole proprietors, partners and S corporation shareholders, may need to make estimated tax payments if: they expect to …
Individual Taxpayer – Estimated Tax Payment Due June 15, 2022 Read More »
The 2021 tax deadline for filing your Individual Income Tax Return is April 18th, 2022. Following are additional tax deadline extensions to this same date: Contributions to IRAs and health savings accounts People now automatically have until April 18, 2022, to make 2021 contributions to their: Individual retirement arrangements Health savings accounts Archer medical savings …
Individual Taxpayer – U.S. Individual Income Tax Return Due April 18 2022 Read More »
If you are required to pay quarterly estimated taxes with the IRS, you can pay online, by phone or by mail. First installment payment of your 2022 estimated taxes is due by April 18, 2022. Individuals, including sole proprietors, partners and S corporation shareholders, may need to make estimated tax payments if: they expect to …
Individual Taxpayer – Estimated Tax Payment Due April 18, 2022 Read More »
If you are required to pay quarterly estimated taxes with the IRS, you can pay online, by phone or by mail. Your individual taxpayer fourth and final installment payment of your 2021 estimated taxes is due by January 18, 2022. Individuals, including sole proprietors, partners and S corporation shareholders, may need to make estimated tax …
Individual Taxpayer – Estimated Tax Payment Due January 18, 2022 Read More »
The American Rescue Plan Act of 2021 significantly changes the reporting threshold associated with Form 1099-K. This change will substantially increase the number of Forms 1099-K required to be filed with the IRS and furnished to recipients by third-party settlement organizations (TPSOs) and their electronic payment facilitators (EPFs). Modified Reporting Threshold Prior to the update, …
What You Need To Know About The 1099-K Reporting Threshold Read More »
Filing taxes is quite a nerve-biting task in itself but what if you got late in completing the process? We know from what stress you will go through. Lots and lots of questions run through your mind when you miss meeting the income tax return deadline. These can be related to filing a tax extension, …
October 15 is fast approaching for people who requested an extension for their 2020 tax return. Taxpayers can file anytime on or before Friday, October 15, 2021. Extension filers should pay tax balance as soon as possible. The deadline to pay 2020 income taxes was May 17th, 2021. For those who owe taxes and can …
October 15 Deadline Approaches for Individual Taxpayers Read More »
Taxpayers with a filing requirement must file a tax return to get an Economic Impact Payment. Tax filers with adjusted gross income up to $75,000 for individuals and up to $150,000 for married couples filing joint returns will receive the full payment. The IRS will use the information on the Form SSA-1099 or Form RRB-1099 …
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