New IRS $600 Rule For 2022 Taxes – Be Prepared This Tax Season

https://www.youtube.com/watch?v=92sX4kS5XNQ

New 1099-K Reporting’s from Amazon, Cashapp, PayPal and Venmo

What is a 1099-K? Form 1099-K is basically an IRS information reporting form. The form contains information, for your tax return, about the gross amount of payment transactions that you had on a third-party payment network when that amount exceeds $600 in the previous year. Companies that are required to send…

Tips for Choosing a Tax Preparer

Tax filing season will be here soon. As people begin to gather their documents and receipts in preparation of filing a tax return, many are also choosing to use a professional tax return preparer.  Anyone with an IRS Preparer Tax Identification Number can be a paid tax return preparer. However, tax return preparers…

Get Ready For 2023

WASHINGTON – The Internal Revenue Service encouraged taxpayers to take important actions this month to help them file their 2022 federal tax returns. This is the second in a series of reminders to help taxpayers get ready for the upcoming tax filing season. A ”Get Ready” page, updated and available on…

Now preparing taxes in 34 States

Falls Credit N Tax is able to prepare taxes for personal and business customers in the following states (AL, AK, AZ, AR, CA, CZ, FL, GA, HI, IN, IA, KS, KY, LA, ME, MA, MI, MN, NV, NM, NY, NC, ND, OK, PA, PR, RI, SC, SD, TX, VA, WA,…