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IRS highlights employer credits for businesses during Small Business Week

Friday, September 25, 2020
WASHINGTON — During Small Business Week (https://www.irs.gov/newsroom/small-business-week), the Internal Revenue Service reminds business owners and self-employed individuals of the emp ..

IRS finalizes regulations for 100 percent bonus depreciation

Monday, September 21, 2020
IR-2020-216, September 21, 2020 WASHINGTON — The Treasury Department and the Internal Revenue Service today released the last set of final regulations PDF (https://www.irs.gov/pub/i ..

IRS reminds taxpayers who filed an extension that the Oct. 15 due date approaches

Wednesday, September 16, 2020
File and pay electronically, request direct deposit for refunds WASHINGTON – The Internal Revenue Service today reminds taxpayers who filed an extension that the Oct. 15 due date to fil ..

IRS issues 2020–2021 per-diem rates

Wednesday, September 16, 2020
Business travelers who incur expenses while traveling away from home have new per-diem rates to use in substantiating certain of those expenses (Notice 2020-71). The new rates are in effect from O ..

IRS highlights higher penalties for some tax returns filed after Sept. 14

Friday, September 11, 2020
WASHINGTON — The Internal Revenue Service today urged individuals who owe taxes but have not yet filed for 2019 to act now to avoid larger penalties that, by law, start after Sept. 14.  ..

Third quarter estimated tax payments due Sept. 15

Wednesday, September 09, 2020
WASHINGTON – The Internal Revenue Service today reminded the self-employed, investors, retirees and others with income not subject to withholding that third quarter estimated tax payments for 2020 ..

Some taxpayers may need to make estimated tax payments

Tuesday, September 08, 2020
Some taxpayers earn income not subject to withholding. For small business owners and self-employed people this can mean making quarterly estimated tax payments. Anyone in this situation  ..

Federal benefit recipients with children have more time to get the $500 Economic Impact Payment

Wednesday, September 02, 2020
The IRS has reopened the registration period for individuals who receive Social Security, Supplemental Security Income, Railroad Retirement, or veteran’s benefits, but didn't receive $500 per ..

Think Tax Filing Season is Over? Why You May Need to File an Amended Return

Tuesday, September 01, 2020
Few people look forward to tax filing season. Unless you are an accountant who loves tax season, you probably dread this time of year, and you are thrilled when your return is in and your re ..

Four Things Your Tax Preparer Won't Tell You (and How It Can Get You In Tax Trouble)

Tuesday, September 01, 2020
Tax time will be here (again) before you know it. If your tax return is a simple one, you may be up to filing the return yourself. But if your situation is somewhat complicated, seeking the  ..
 

Advocates of Love Charity

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Advocates of Love is the only children’s home to help orphan and vulnerable children in the Samana Province, Dominican Republic. Founded by Mike Clark in 2013, this charity has provided care and eduction for children in one of the most povery stricken areas.

Click Here to Learn More
 
Alliance Tax Solutions, LLC, Accountant, Atlanta, GA