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Will the IRS be ready for the 2021 tax season?

Will the IRS be ready for the 2021 tax season?

2020, a year that many of us would just as soon forget, will end in just more than two months. This federal tax filing season, however, will continue for folks who’ve endured some of the notable natural disasters that have helped make 2020 so terrible. Last...
Nov. 3 ballot initiatives/ Taxes

Nov. 3 ballot initiatives/ Taxes

In addition to selecting who gets to go to, or stay in, Washington, D.C., voters across the country on Nov. 3 will decide on a variety of ballot measures. This coming Election Day, citizens in 32 states will decide the fate of 120 statewide initiatives. There also are...
Standard & itemized tax deductions for 2021

Standard & itemized tax deductions for 2021

Tax year in and tax year out, most folks claim the standard deduction instead of itemizing. The option has always been appealing because it’s easy. There are no receipts to save. Even better, the Internal Revenue Service provides the standard amount you can...