Tax season is in full swing. With just about a month until the official tax filing deadline on April 15, if you don’t have a plan to file your taxes, you may want to consider the IRS’ latest digital initiative – Direct File.
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IRS Destroys Tax Data For 30 Million Unhappy Filers From Harlem To Hollywood
If you need a copy of a previous tax return from the Internal Revenue Service (IRS), you may be out of luck. Continue reading
Harlem’s Espaillat Announces Tax Credit To Cover Cost Of Paid Leave For Small Businesses
Representative Adriano Espaillat announced today that the IRS will continue to provide tax credits to help local small businesses cover the costs of providing paid sick and family leave for workers through September.Continue reading
IRS To Require Cryptocurrency Investors To Report Transfers Over $10,000
Cryptocurrency investors who think they’re out of Big Brother’s watchful eye just got a wake-up call. Continue reading
IRS Says Face Masks And Other COVID-19 Personal Protective Gear Is Tax-Deductible
The Internal Revenue Service (IRS) sent out a reminder to taxpayers on Friday that any money spent on personal protective equipment (PPE).Continue reading
Use NYC Free Tax Prep To File For Free And Keep Your Whole Refund
If you earned $68,000 or less in 2020, learn how you can file for free— including from home — with the help of an IRS-certified VITA/TCE volunteer preparer.
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IRS Urges Taxpayers From Harlem To Hollywood To Get Head Start On 2020 Tax Prep
It’s still 2020 and there’s plenty of time before the next April 15 Tax Day, but the Internal Revenue Service (IRS) is encouraging taxpayers to take necessary actions now to facilitate a timely and accurate filing of federal tax returns in 2021.Continue reading
IRS Unveils Revised COVID-19-Related Collection Procedures
The Internal Revenue Service (IRS) has announced changes that it says will offer relief to taxpayers impacted by COVID-19. Continue reading
IRS Provides Tax Inflation Adjustments For Tax Year 2021
The Internal Revenue Service (IRS) has released its 2021 inflation adjustments that affect more than 60 federal income tax provisions. Continue reading
IRS To Send Out Millions Of Letters Urging Taxpayers To Request Unclaimed Checks
The Internal Revenue Service (IRS) is sitting on nine million unclaimed COVID-19 Economic Impact Payment checks and wants to get them off their desk. Continue reading
IRS Offers Last-Minute Advice With July 15 2020, Tax-filing Deadline Quickly Approaching
With the new July 15, 2020, tax-filing deadline looming large, the Internal Revenue Service (IRS) wants Americans to know that they’re not being left out in the woods.Continue reading
Hey Harlem Small Businesses, Here Are 4 The COVID Crisis-Related Tax Solutions
If you’re a small business owner, COVID-19 has likely had a financial impact on your company that may include paying any taxes you owe this year. Continue reading
IRS Clears The Air On Why All Stimulus Checks Aren’t The Standard $1,200
To clear up some misconceptions about the pandemic-related Economic Impact Payment, the Internal Revenue Service (IRS) has sent out new consumer guidance.Continue reading
Here Are More Grants And Resources For Small Businesses From Harlem To Hollis
More and more companies are supporting small businesses with grants, tax deferments, ad credits, free legal service programs in and out of Harlem.Continue reading
The COVID-19 Crisis: Stimulus Checks Go Out April 9th, But Some Taxpayers May Wait Months
One of the bigger consumer questions looming around the COVID-19 crisis is when am I going to get that stimulus check the government promised?Continue reading