Here are some helpful tips and information from the Internal Revenue Service in terms of the latest state-of-the-art technology it is using when it comes to communicating with taxpayers. For example, did you know, for the first time, the IRS has added barcode technology to notices it sends out to [...]
Have you been longing for a vacation after the chaos of the last 8 months due to COVID-19 and the lockdowns? Well, it may be time to grab your swimsuit, suntan lotion, and head to Hawaii. After being closed off to tourists since the pandemic the State of Hawaii continues [...]
The Internal Revenue Service says now is the perfect time for taxpayers to review their tax withholding and payments to avoid a surprise when filing next year. An adjustment or two made now may boost take-home pay or allow taxpayers to pay more in the last quarter of 2020 to [...]
The newly released 2020 Holiday Shopping Survey, which looks at consumer intentions and behaviors as the holiday shopping season approaches shows some interesting info. The survey includes data on the amount people plan to spend, shopping methods, timing, and top gifts people plan to purchase for their loved ones this coming [...]
Tax season may have passed for most but taxpayers in general still need to know their correct filing status and be familiar with each option. Single or Married Generally, the taxpayer's filing status depends on whether they are single or married on Dec. 31 and that determines their status for [...]
Help is here for victims of the Oregon wildfires and those suffering from straight-line winds that began on Sept. 7. Those affected now have until Jan. 15, 2021 to file various individual and business tax returns and make tax payments, the Internal Revenue Service said in a news release. The [...]
College students are experiencing many challenges according to the Scholarship app Scholly. The company released its COVID-19 Student Impact Report which includes key insights into the unique challenges facing college students this academic year, along with students' thoughts on returning to the classroom as opposed to learning from home. Mission [...]
It is the Digital Age, after all. On Aug. 28, the IRS reported it would temporarily allow the use of digital signatures on certain forms that cannot be filed electronically. Since then the agency has added several more forms (PDF) to that list. The IRS made this decision to help protect [...]
Some good news for taxpayers during the COVID-19 pandemic. The Internal Revenue Service said interest rates will remain the same for the calendar quarter beginning Oct. 1, 2020. The rates will be: 3% for overpayments (2% in the case of a corporation); 0.5% for the portion of a corporate overpayment [...]
Men aren't the only ones who buy boats: About 75% more women are shopping for boats across the U.S., according to Boat Trader. In a news release Boat Trader, the online marketplace said there has been a tidal wave of women shopping for boats from coast-to-coast this summer. Reports of [...]
