Finance2017-09-05T09:34:18-08:00
1405, 2019

IRS taking applications for 2020 grants for low income taxpayer clinics

By |May 14th, 2019|Finance|Comments Off on IRS taking applications for 2020 grants for low income taxpayer clinics

The Internal Revenue Service announced its application period for Low Income Taxpayer Clinic (LITC) grants for calendar year 2020 will run through June 17, 2019. If you didn't know the LITC Program is a federal grant program administered by the Office of the Taxpayer Advocate at the IRS, led by [...]

705, 2019

IRS offers tips for owners during ‘Small Business Week’

By |May 7th, 2019|Finance|Comments Off on IRS offers tips for owners during ‘Small Business Week’

The Internal Revenue Service reminded small businesses that recent tax reform legislation lowered the backup withholding tax rate to 24 percent and the withholding rate that usually applies to bonuses and other supplemental wages to 22 percent. The agency also urged employers to encourage their employees to check their withholding [...]

3004, 2019

Missed tax filing deadline? File now to avoid bigger bill

By |April 30th, 2019|Finance|Comments Off on Missed tax filing deadline? File now to avoid bigger bill

While the federal income tax-filing deadline has passed for most people, there are some taxpayers who have not yet filed their tax returns. The Internal Revenue Service encourages them to file now, even if they can’t pay to avoid potential penalties and interest, according to the IRS. There are many [...]

2304, 2019

IRS to host nationwide tax forums in 5 cities this summer

By |April 23rd, 2019|Finance|Comments Off on IRS to host nationwide tax forums in 5 cities this summer

Summer is not far off and if you haven't made any plans yet the Internal Revenue Service has recently announced its schedule for its popular and informative "Nationwide Tax Forums," held in five major cities across the United States. The IRS said tax professionals may be ale to earn up [...]

1604, 2019

Couldn’t pay taxes on time? IRS has payments and installment agreements

By |April 16th, 2019|Finance|Comments Off on Couldn’t pay taxes on time? IRS has payments and installment agreements

As the official tax-filing deadline  (April 15) has come and gone, the Internal Revenue Service is reminding taxpayers who have yet to file their tax returns that there are a variety of options to help them. IRS tax help is available 24 hours a day on IRS.gov. Whether filing a [...]

904, 2019

IRS Offers Forms, Publications to Help People Pay Right Amount in 2019

By |April 9th, 2019|Finance|Comments Off on IRS Offers Forms, Publications to Help People Pay Right Amount in 2019

The Internal Revenue Service is reminding self-employed individuals, retirees, investors and others who pay their taxes quarterly the first estimated tax payment for tax year 2019 is due Monday, April 15, 2019, for most taxpayers. A 2018 tax return and 2019 Form 1040-ES, Estimated Tax for Individuals, can help these [...]