A common question I receive is,“Will I get my refund faster if I file earlier?”The short answer is maybe; because having a complete and error-free tax filing is much more important than filing as soon as possible. However filing early can be beneficial because you...
Modified tax filing season: You can still file early, but tax refunds will be delayedAvoiding the dreaded fiscal cliff, which would have increased taxes on the middle class, is having unexpected consequences as the Internal Revenue Service pushes back its date to accept early taxEl Paso Times....
Unless you made less than the minimum IRS requirement, you’d need to file a tax return. Check out this article tofind out the minimum income needed to file taxes. If you can’t pay all or part of the taxes you owe, you’ll still want tofile your tax return by the deadline. Othe...
The first-time homebuyer credit is no longer available for the current tax year, but you may still be working to repay it.
I need a report showing all sales for a period sorted by shipping state and class. Can anyone tell me how to create this? It's for sales tax returns. thanks! QuickBooks Online Cheer Join the conversation 12 Comments Jen_D Moderator July 10, 2021 08:03 PM It's great seeing...
You can roll over your IRA, 401(k), 403(b), or lump sum pension payment into an annuity tax-free.
After performing those steps, you can restore the company file and continue doing your task. If you're still getting the error, I recommend contacting our Live Support Team. They can create a case to investigate the issue. Stay in touch with me if you need more h...
Anyone can open a tax-advantaged 529 college savings plan, including students, parents, grandparents and other relatives. It is used to pay for college, but not all expenses qualify. Withdrawals from 529 plans are called distributions, and they must be used toward qualified ed...
Some businesses may still qualify for the ERC, but you will need to act without delay. As the Internal Revenue Service (IRS) explains on its website: "Eligible businesses that didn't claim the credit when they filed their original employment tax return can claim the credit by filing adjusted...
Continuing to contribute to atraditional IRAis possible even if you're officially retired but still work or perform services of any sort that you're paid for and can document or report on yourtax return. Remember that earned income does not include certain forms of compensation, including those...