by admin my_tax | Mar 13, 2021 | Tax Tips and News
The Internal Revenue Service yesterday released a COVID Tax Tip highlighting guidance for employers who deferred payment of their employee’s 2020 Social Security tax. Initially described by legislators as a “payroll tax holiday,” the agency reminds participating...
by admin my_tax | Mar 4, 2021 | Tax Tips and News
Congress bookended 2020 with two taxpayer relief packages aimed at mitigating the financial strain caused by the ongoing coronavirus pandemic.… Read more about The Employee Retention Credit Covered in New IRS Notice (Feed generated with FetchRSS) – Story...
by admin my_tax | Feb 26, 2021 | Tax Tips and News
Taxpayers with income from farming or fishing face a March 1 deadline for filing their income taxes. But the IRS reminds them they can avoid making any estimated tax payments by filing and paying their entire tax due on or before the deadline.… Read more about Farmers...
by admin my_tax | Feb 25, 2021 | Tax Tips and News
Unemployment claims may have fallen since the initial months of the pandemic, but millions of Americans continue to struggle with long-term joblessness and medical bills caused by the coronavirus.… Read more about Qualifying Low-Income California Residents to Get...
by admin my_tax | Feb 24, 2021 | Tax Tips and News
Texas taxpayers impacted by this month’s brutal winter storms are getting some help from the Internal Revenue Service. The help includes extended deadlines and other relief measures.… Read more about Texas Winter Storm Victims get Tax Relief (Feed generated with...