The Biggest Challenge for S Corporations in 2022 Filing Season
Attention to those who own an S corporation, filing your 1120S and 1040 is about to get more complicated! Certain S-Corp shareholders,...
2021 tax forms will drive more S corporation shareholders to seek tax basis info
If you own an S corporation, filing your 1120S and 1040 is about to get more complicated. Reason being, certain S-Corp shareholders,...
IRS backlog hits nearly 24 million returns, further imperiling the 2022 tax filing season
The IRS has failed to process close to 24 million taxpayers’ tax returns from last year. These refunds have been stalled more than 10...
Important 2021 Tax Documents
There are important 2021 tax documents that ALL taxpayers need to pay attention to! The deadline is fast approaching, and we recommend to...
How nonfilers can claim 2021 tax credits
https://www.journalofaccountancy.com/news/2022/jan/how-nonfilers-can-claim-2021-tax-credits.html We have good news! IRS has recently...
EITC
There is important news today that the IRS announced. Many changes have been made for the EITC (Earned Income Tax Credit). More people...
Tax filing season starts TODAY!!!
The 2022 Tax filing season starts TODAY! This is the first day to file your taxes for year 2021, which is 17 days earlier than the...
How to fill out a W-9 Form
It is finally 1099 filing season, and in order to file it, you NEED a W-9 form that is completed by your contractor. In this VIDEO, we...
IRS Tax Refund 2022: When will the IRS start releasing Tax Refunds?
There is important news today regarding the tax season which starts on January 24th. The deadline to file your 2021 taxes is April 18,...
Surging prices: Key inflation measure hits a 39-year high
Due to the pandemic, there was a record 39-year high inflation in the past month. The U.S. consumer price inflation index rose 7% over...
