Dear taxpayer, winter is coming! Well, more like autumn, & also the deadlines for: Federal Tax returns on October 15 Employer Q3 tax return on October 31 Q3 estimated tax payments due date was on September 15 Should you pay Quarterly estimated taxes? You may, if: You’re self-employed Your taxes are not withheld from your …
With past week hurricanes hitting Louisiana and the increasing number of high-impact natural disasters, having Emergency plans is more important than ever! Also, with the aid of technology, it’s easier than ever! RELATED ANNOUNCEMENT: LOUISIANA Victims of Hurricane Ida Tax Relief is available now! Check Disaster Assistance and FEMA to apply! Dates are extended up …
The 2020 tax season ended. Now you get to sit back and not think about taxes for a whole year! Oh, sorry. Not you. You are a small business owner, and tax planning is a year-long exercise. The after-tax season is a great time to evaluate the previous year and incorporate tax planning into your …
If you claimed a dependent child in 2020, you can probably not only expect a higher child tax credit for 2021, but you may also start getting advanced monthly payments beginning in July of this year. Here’s what you should know: The credit has been increased to $3,000 per child ages 6 to 17 and …
What you need to know about the 2021 Child Tax Credit Read More »
It’s easy to feel lost when it relates to your finances. Over 58% of Americans don’t even have $1,000 in their savings account in case of an emergency. If you feel like you’re getting into debt, losing your financial freedom, or experiencing any other type of economic issue, it may be time to take control …
If you are one of the over 10 million taxpayers who reported unemployment income before the $10,200 tax exemption was enacted, then we have good news! The IRS announced Friday, May 14, that corrections are being made and refunds are currently being issued. Here is what you should know: Corrections are being made automatically in …
