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IRS Redesigns Website with Guidance for Closing Down a Business
The IRS streamlined the “Closing a Business” page into simple steps, so business owners and self-employed individuals can quickly find the information they need.
The IRS streamlined the “Closing a Business” page into simple steps, so business owners and self-employed individuals can quickly find the information they need.
According to documents released by Biden’s campaign Tuesday, the former vice president and his wife, Jill, got a refund of $46,858 after paying $346,204 in income taxes. He reported a taxable income of $944,737, paying 31.7% of it in taxes
The U.S. Department of the Treasury and the Internal Revenue Service have issued final regulations updating the federal income tax withholding rules for certain periodic retirement and annuity payments made after Dec. 31, 2020.
Here is how to start your kids understanding the tax burden at a very early age. It is Tim's classic Halloween Tax bit, a version that was edited specifically for the Turbo Tax /Tax Laugh contest.
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The top Republican on the House Ways and Means Committee Kevin Brady (R-TX) and the top Republican on the Oversight Subcommittee Mike Kelly (R-PA) sent letters to the Internal Revenue Service and the Department of Justice asking them to investigate ...
Victims of Hurricane Sally now have until January 15, 2021, to file various individual and business tax returns and make tax payments.
An early glimpse at the income tax picture for 2021, as projected under current tax law, is now available from Wolters Kluwer Tax & Accounting. The new information includes estimated ranges for each 2021 tax bracket as well as projections for a ...
The 1099-NEC is used strictly for reporting independent contractor payments of $600 or more in the course of your trade or business. You will still be required to use the 1099-MISC for such items as royalties, rent, and healthcare payments.