by Small Business Accounting & Tax LLC | Nov 30, 2021 | Tax Tips and News
Now that the IRS is putting the wraps on the last installment of the Advance Child Tax Credit payments for 2021, some taxpayers who didn’t apply for other credits might get a reminder to do a little extra checking. For some taxpayers, these notices may be the gateway...
by Small Business Accounting & Tax LLC | Nov 30, 2021 | Tax Tips and News
Cyber Monday traditionally closes out the busiest holiday shopping weekend of the year, which sees Americans swarming stores and crawling websites for post-Thanksgiving sales. Despite predictions of fewer in-person shoppers and eye-popping deals, there’s no doubt that...
by Small Business Accounting & Tax LLC | Nov 26, 2021 | Tax Tips and News
The Internal Revenue Service is making a pitch about the Advance Child Tax Credit payments that smacks of the spiel for sale pricing from used car dealers: “When it’s gone, it’s gone!” The IRS—thankfully minus the loud plaid sport coat—says after November 29,...
by Small Business Accounting & Tax LLC | Nov 24, 2021 | Tax Tips and News
In October, we told readers about IRS relief measures that applied to some 19 Mississippi counties impacted by Hurricane Ida. That relief has now been expanded to add 63 other counties, covering the entire state, and pushing various tax filing and payment deadlines to...
by Small Business Accounting & Tax LLC | Nov 23, 2021 | Tax Tips and News
Taxpayers contributing to a 401(k) plan for their retirement have gotten some good news from the Internal Revenue Service: they can now put more money into their plan for 2022.… Read more about 401(k) Contributions Increased for 2022 (Feed generated with FetchRSS)...