Today is known as Divorce Monday, according to a recent survey by the law firm Irwin Mitchell Solicitors, which found that divorce filings jump by nearly one-third following the holidays. Alimony paid will no longer be tax-deductible and alimony received will no...
IRS Tax Tip 2018-139, September 6, 2018 Questions about taxes could come up any time of the year. Whether it’s about tracking a refund or paying a bill, taxpayers can find answers to their questions on IRS.gov. Here are some of the most popular IRS tools: IRS Free...
Retirees with pension income should do a Paycheck Checkup ASAP IRS Tax Reform Tax Tip 2018-143 September 13, 2018 Retirees should do a Paycheck Checkup to make sure they are paying enough tax during the year by using the Withholding Calculator, available...
Taxpayers should find out if they need to make estimated or additional tax payments IRS Tax Reform Tax Tip 2018-142 September 12, 2018 The U.S. tax system operates on a pay-as-you-go basis. This means that taxpayers need to pay most of their tax during the...
IRS Tax Reform Tax Tip 2018-140 September 10, 2018 Certain taxpayers must make estimated tax payments throughout the year. Taxpayers must generally pay at least 90 percent of their taxes throughout the year through withholding, estimated tax payments or a combination...
With the fall season closing in, it won’t be long before the end of the year is here. Rather than save all tax-related questions, concerns, and responsibilities for December and January, now is the time to review your situation. Below are three fall tax tips for small...