Is April 18th really the last day to file taxes this year? Can we start on 24 January?
Category Archives: Taxes
Strategic Decisions The Entrepreneur Must Make
While this document was prepared for a few of my truck driving clients, it can apply to almost any of you who are starting a business, operating as a solo business operator, or a self-employed individual.
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Above the line…
Yesterday, we advised you to start preparing for your 2023 tax filing. Today, we’ll talk about deductions you can take that are not included on Schedule A, Itemized deductions. These are “above the line” deductions that are afforded you, even if you don’t itemiae.
Only 5 days to find ways to cut your tax bill
So, it’s that time of year. No, actually, it’s kind of late. But, if you are quick- you can still find some great ways to cut your tax bill.
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Happy Thanksgiving (if you so indulge)
A perfect day. Today is Thanksgiving, and most of you are going to overdose on turkey. And, mellow out the rest of the day. Or, maybe vegetate watching football on tv. (Shame on you!)
It’s really happening!
So, is this a promise being kept or a follow-up to a threat?
The IRS now plans- in 2024, to offer a “Direct File” program that really is a direct file. With a test base of 13 states, the IRS will invite taxpayers to file their taxes using software provided by the IRS. The software will be in English and Spanish, working on computers and mobile phones.
Changes Coming
Bet you don’t remember this!
Those Trump Tax Cuts (Tax Cut and Jobs Act. They weren’t permanently endowed. No, those provisions expire at the end of the calendar year 2025.
Money, money, money!
Oh, I know this pisses off the GOP something fierce.
But, then, again, they seem to have decided that logic no longer applies to their rhetoric.
Exploring Alternatives to Social Security and Medicare During Retirement
IRS gets foiled again
Geez. You have to wonder sometimes how these folks got elected.
The House just took back a bunch of money that was appropriated to the IRS to improve operations and effect proper tax audits. And, these dorks claim the claw-back will help balance the budget.