Crazy tax deductions: When they don’t – and do! – work
You’re working on your tax return and discover that you are that close to shaving a few more dollars off what you owe Uncle Sam. Many in this situation are tempted to get creative. Don’t. The Internal Revenue Service has seen it all. OK, most of...
Applying for a tax payment plan
Are you one of those folks who’s worrying about how you’ll pay your tax bill on July 15? If it’s an amount that you just can’t come up with or cover with a credit card, look into paying off Uncle Sam over time. The Internal Revenue...
7 ways to pay your tax bill due July 15
We’re into the home stretch of the coronavirus extended 2020 tax season. That means that millions of taxpayers (or their tax preparers) are working on 2019 returns or extensions to finish up those 1040s. While you can send the Internal Revenue...
White House stimulus letter is an official IRS tax document you need to save
Congress might be working on another round of COVID-19 economic relief payment (EIPs). I say might because although the House in mid-May approved the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act and its provisions for even more...
IRS allows RMD reversal through Aug. 31
The last few months have been interesting for older individuals exploring ways to make the most of their retirement money. This demographic got some more, and mostly good, news again this week. The Internal Revenue Service has decided they now have more time to return...Lorem Ipsum is simply dummy text of the printing and typesetting industry. dummy text of the printing Ltting industry.
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