Legislative BulletinsAnnual summaries of Minnesota tax law changes enacted during each legislative session. This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was. Read more
All tax situations are different and not everyone gets a refund. Fees apply if you have us file an amended return. The IRS allows taxpayers to amend returns from the previous three tax years to claim additional refunds to which they. Read more
Getting a business license and taxpayer identification number or employer identification number are two important basic requirements when starting a new business. However, they have very little to do with one another.... Read more
The individual, team, or vendor you put in place to manage your company finances and withholdings have direct impact on the viability of your company and your ability to respond without fear to an IRS audit. In short—be sure you can. Read more
So, you’ve started a business or decided to freelance, and freed yourself from the daily grind of that old job. Corporate directors.Corporate directors of either C orS corporationswho receive fees are not considered employees. Again, if you are... Read more
Get up and running with free payroll setup, and enjoy free expert support. Try our payroll software in a free, no-obligation 30-day trial. Our Tax Team will fax this directly to the IRS on your behalf. If you have already contacted. Read more
Select to receive all alerts or just ones for the topic that interest you most. However, the AICPA shares concerns regarding some other provisions of the bill, such as one that would specifically deny the deduction to an estate or trust.. Read more
You, your husband, and your 10-year-old son lived together until August 1, 2020, when your husband moved out of the household. In August and September, your son lived with you. For the rest of the year, your son lived with your. Read more
Second, he subtracts business expenses not related to the use of the home from gross income. Third, Mr. Lee must allocate the indirect expenses using the square foot area percentage (7.5%) computed in the first step. You can carry over the. Read more
Unemployment, or a new job, now is a good time to adjust the amount of taxes withheld from your paycheck by adjusting your withholding on your W-4 and refiling the form with your employer. There are a handful of tax deductions. Read more
