Want to know how long it takes to get a tax refund? Learn all about the IRS Refund Schedule and how long it takes for your tax refund to hit your bank.
The voluntary disclosure program allows taxpayers who have committed past tax crimes to be brought back into compliance in almost all cases without facing criminal tax charges. The key is that you must disclose your fraudulent behavior and correct the returns before the IRS opens an audit or a ...
Have you ever wondered if your transactions on Crypto.com are being reported to the IRS? As someone who's enthusiastic about cryptocurrency and wants to make sure I'm on the right side of the law, I did some digging to find out the answer. In this blog p
The income limits for the Lifetime Learning Credit are subject to change each year. Check with IRS to ensure you have the most up-to-date income information. The current income limits to qualify for this creditper the IRS, Opens overlayare: ...
The IRS has been looking to crack down on owners and traders of cryptocurrencies as the asset prices have ballooned in recent years. Here are the key tax considerations to keep in mind for Bitcoin mining.Are you a business? If Bitcoin mining is your business, you may be able to deduct ...
High-income earners:Individuals with higher incomes are more likely to be audited. The IRS focuses its resources on ensuring that high-income taxpayers are reporting their income accurately and paying the correct amount of taxes. Income inconsistencies:Large discrepancies between your reported income and...
Year-to-date information on a pay stub is especially useful for monitoring tax withholdings and ensuring that the correct amounts are being deducted to meet tax obligations so that come the end of the tax year they won’t have any problems with the IRS. It also helps employees understand t...
A Registered Agent is a business or person who accepts legal papers for your LLC. We'll explain the legal requirements and how to choose one.
I efiled the 1099's via quickbooks, but they were rejected by the IRS. Will they still be mailed/emailed to the contractor? I see it says recipients copy emailed/mailed. I corrected the address issue, and also wondering how I would re-submiit. ...
Visit the IRS website and navigate to the EIN Assistant page. Click on the “Apply Online Now” button to start the application process. Select the appropriate entity type for your business or organization. Provide the necessary details about your entity, such as name, address, and responsible...