taxes
San Francisco could be the first city in the United States to make a move that could allow the city to pay reparations in a big way. In a $5 million per person way. The San Francisco African American Reparations Advisory Committee released a report this week. In that report they listed more than 100 […]
Nearly 80% of millennials and Gen Z relied on social media for financial guidance, according to Forbes Advisor. That includes tax advice. #taxes trended on TikTok in the last two weeks, boosting its rank to number three on the financial services chart, surpassing another popular search, #emoney. In the last seven days, content related to taxes […]
Nearly 80% of millennials and Gen Z relied on social media for financial guidance, according to Forbes Advisor. That includes tax advice. #taxes trended on TikTok in the last two weeks, boosting its rank to number three on the financial services chart, surpassing another popular search, #emoney. In the last seven days, content related to taxes […]
The first day the Internal Revenue Service will accept and process federal returns for the 2022 tax year will be Monday, Jan. 23rd. Taxpayers have until April 18 this year to file their return without requesting an extension. (Victims of California’s severe winter storms have until May 15, 2023.) The IRS expects to receive more than 168 million […]
This morning we had a caller ask about the STAR credit check and if we had any information on the rebate check. So we looked up the information and this is what we have at this time if you are looking for your rebate check. The STAR resource center via the NYS Department of Taxation […]
The IRS will soon be making people provide selfies to access certain features on the website. Username and password will no longer be used starting this year You’ll now be required to show a picture Like a driver license state ID passport or selfie from your phone. If you already have an account on the […]
Well this here is a interesting news article came across, it’s reporting that a new proposal from the US Treasury Department would require banks to report all money being deposited & withdrawn to the IRS. This proposal comes from President Joe Biden’s $3.5 trillion dollar budget plan. The proposals would also require banks to report […]
Ever since Prince passed away in April of 2016, there has been an ongoing legal battle to determine the distribution of his estate. Prince didn’t have a will and now the IRS is saying that the estate is extremely undervalued, monetarily speaking. According to the Associated Press: “The IRS determined that Prince’s estate is worth […]
The IRS wants stimulus money back. The agency said this week they sent out checks to people that are deceased. In a rush to get all the checks out for people who need it during COVID-19. The agency said that they sent out checks for people who had filed within the past two years. Including […]
On Friday, April 10, the Internal Revenue Service announced that it had added a new page to its site and a link to a tool for people who didn’t file taxes in 2018 and 2019 so that they can supply their bank deposit information and receive the Economic Impact Payment faster. Those who qualify for […]