IR-2021-210, October 27, 2021 WASHINGTON — Victims of Hurricane Ida in parts of Mississippi now have additional time – until January 3, 2022 – to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today. Following last week’s disaster declaration by the Federal Emergency
Bad things occasionally happen to good contract parties. Let’s assume you’ve done everything right in the negotiation process. You’ve been transparent about risk; honest about your capabilities; and pellucid in setting your terms. Indeed, your contract documents cause veteran lawyers to gasp at their thoroughness and shrewdness. You have planned
If you are currently spending too much to reach you savings or debt reduction goal, you have two options: 1) increase your income; and/or (2) cut your expenses. Increasing Your Income Increasing your income may or may not be a practical solution given the nature of your job and the
IR-2021-209, Oct. 22, 2021 WASHINGTON — The Internal Revenue Service today reminded families, teens and senior citizens about the continued importance of protecting personal and financial information PDF online. Although the IRS and its Security Summit partners continue making strides in fighting identity theft and fraudulent tax returns, help is needed. The Security Summit works to protect
USE AN APP OR DO IT YOURSELF? There are dozens and dozens of online budgeting apps that can help you create a budget, such as YouNeedaBudget, Mint, PocketGuard, Wally, Good Budget, BudgetPulse, MoneyTrackin, and BudgetSimple to name a few. Some are free, while others charge a fee. They offer a
IR-2021-208, October 22, 2021 WASHINGTON — To help address COVID-related labor shortages, the Internal Revenue Service today reminded employers that they generally will not jeopardize the tax status of their pension plans if they rehire retirees or permit distributions of retirement benefits to current employees who have reached age 59
As a small business owner, you probably feel that your business is your baby. You may find it hard to think about what will happen to it when you are no longer able to run it. Nevertheless, if you want your business to continue after you leave it or you
IR-2021-207, October 21, 2021 WASHINGTON — The Internal Revenue Service reminds the more than 759,000 federal tax return preparers they must renew their Preparer Tax Identification Numbers (PTINs) now for 2022. All current PTINs will expire December 31, 2021. “Taxpayers are relying on your expertise to help them meet their tax
WHY BUDGET? You may have yawned (or cringed) when you read the title of this article, but please keep reading. This information is important for anyone who has ever worried about money or been in financial distress, which is almost everyone. We’ve all been told over and over again to
IR-2021-206, October 20, 2021 WASHINGTON — The Internal Revenue Service today reminded employers that the next quarterly payroll tax return is due November 1, 2021. The IRS urges employers to use the speed and convenience of filing the returns electronically. E-filing is the most accurate method to file returns and saves taxpayers
