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Did you request an extension of time to file your tax return? If so, the filing deadline is coming soon. Since October 15 falls on a Saturday this year, you have until October 17 to file. But don't wait to file! File electronically as soon as possible once you have all your information together. There's no [...]
This article was published by the IRS. It is critical for business owners to correctly determine whether the individuals providing services are employees or independent contractors. An employee is generally considered anyone who performs services, if the business can control what will be done and how it will be done. What matters is that the business [...]
This article was published by the IRS. By law, everyone must pay tax as they earn income. Generally taxpayers must pay at least 90 percent of their taxes throughout the year through withholding, estimated or additional tax payments or a combination of the two. If they don't, they may owe an estimated tax penalty when they [...]
This article was published by the IRS. The Internal Revenue Service has announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business and certain other purposes. For the final 6 months [...]
The IRS began using English and Spanish voice bots on some of its toll-free help lines in January 2022. Since then, IRS is continuing to add voice bots to additional toll-free lines while also expanding what these voice bots can do to help taxpayers. The newest feature available for those who are eligible is to use [...]
