What You Need to Know about Your Unemployment Compensation Benefits and Tax Stimulus Check Perhaps You Were One of the Millions of Taxpayers Who Lost their Job, Had their Work Hours Reduced, or … [Read more...] about Are My Unemployment Compensation (UC) Benefits Tax-Free or Taxable? What about the $1,200 Stimulus Check I Received?
IRS Tax Planning Ideas, Tips & News
Where Is My 2019 Tax Refund? Is There a Problem?
Are You Concerned that Your Refund was Lost or a Victim of ID Theft? Perhaps You Filed Your Return in April, May or June, and You Still Have Not Received Your Refund. You are Understandably Eager … [Read more...] about Where Is My 2019 Tax Refund? Is There a Problem?
Failure to Disclose Foreign Holdings (FBAR) – Taxpayer Found to have Committed Fraud
Taxpayer is found to have committed fraud by willfully failing to comply with FBAR reporting requirements. FBAR Reporting Requirement Every year, under the law known as the Bank Secrecy Act, … [Read more...] about Failure to Disclose Foreign Holdings (FBAR) – Taxpayer Found to have Committed Fraud
July 15, 2020 – Day of Reckoning?
Julius Caesar Had His Ides of March – You Need to Avoid Having Your Ides of July BACKGROUND Due to the corona virus pandemic, the IRS due date for filing your 2019 Form 1040 has been postponed … [Read more...] about July 15, 2020 – Day of Reckoning?
Schedule C Filers – Take Note
Remember It Takes Two to Tango - When You Sign Your Tax Return, You Are Attesting, Under Penalties of Perjury That Your Return Is True and Correct - Don’t Become a Co-Conspirator Let’s … [Read more...] about Schedule C Filers – Take Note
Employers Take Note: New Version of Form I-9 is Available
A New Version of Form I-9 is Available – Employers Need to Use This Form When Hiring New Employees What is Form I-9? Federal law requires that every employer who recruits, refers for a fee, … [Read more...] about Employers Take Note: New Version of Form I-9 is Available
