Income Tax
Tennessee Storm Victims Get Extended IRS Tax Deadline
Victims of this spring’s storms and tornadoes in Tennessee will have until Aug. 2, 2021, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced.
Will You Get a Second Income Tax Refund? IRS Starts Issuing Unemployment Refunds
The Internal Revenue Service will begin issuing refunds this week to eligible taxpayers who paid taxes on 2020 unemployment compensation that the recently-enacted American Rescue Plan later excluded from taxable income.
How to Get the Most Tax Benefits from the American Rescue Plan
Reach out to your clients as you learn about new legislation or guidance to give them your insights and the digestible version of what it means for them. This is your chance to cut through the technical jargon with easy-to-digest insights and showcase ...
Report Shows Small Businesses on Road to Recovery
U.S. small businesses are on the road to recovery from the financial losses experienced during the COVID-19 pandemic, according to a new report by Intuit QuickBooks.
Due Diligence is Critical in Charitable Donations
Most Americans make the majority of their donations to charitable organizations at year end. But whether the donation is made in April or October, the same due diligence should be performed.
Things You Learn Early when Your Mom is an EA Tax Professional
An Enrolled Agent, or EA for short, is a tax advisor who has earned the privilege of representing taxpayers before the Internal Revenue Service by completing a three-part exam, and is also the highest credential you can be awarded by the Internal ...
Report Shows Small Businesses on Road to Recovery
U.S. small businesses are on the road to recovery from the financial losses experienced during the COVID-19 pandemic, according to a new report by Intuit QuickBooks. The report, Intuit QuickBooks Small Business Recovery, published today by Intuit, ...
Homeless Americans Can Get Coronavirus Stimulus Payments
Homeless Americans who don’t have a permanent address or a bank account may still qualify for the Coronavirus stimulus payments, also known as Economic Impact Payments, and other tax benefits, according to the IRS.