If you ever have a tax question, check out IRS.gov. One very helpful tool there is the Interactive Tax Assistant (ITA). The ITA tool is a tax law resource that takes you through a series of questions and provides you with answers. (You can print them out if you wish.) Just type what you want to [...]
The IRS Small Business Tax Workshop is a series of online training videos, covering tax topics for new and established small business owners. The first four topics in the workshop cover federal taxes, Schedule C, filing and paying taxes electronically, and business use of your home – no matter the type of business you have or [...]
Are you wondering if you're eligible for advance Child Tax Credit (ACTC) Payments? You qualify for ACTC payments if you have a qualifying child. You don't need to have income, and you can qualify even if you don't normally file a tax return. Also, you - or your spouse, if married and filing a joint return [...]
The due date for personal income tax extensions is just around the corner. All those who filed Form 4868 to request an automatic six-month extension will need to file their taxes by October 15, 2021. Don't forget - the extension only applies to filing the tax return itself. It does not apply to any taxes owed. [...]
Wondering when you'll receive advance Child Tax Credit (ACTC) payments from the IRS? If you're eligible to receive ACTC payments, you can generally expect your monthly installments to be deposited or mailed on the 15th of each month through December 2021. If you prefer not to receive ACTC payments because you'd rather claim the full credit [...]
