MYT Global Business Group

10/12/2024

Community Announcement: Adult Foster Care Program in Massachusetts

We are excited to share information about the Adult Foster Care program, which provides essential support to families in Massachusetts. This program not only aids families in need but also offers caregivers the opportunity to earn a tax-free income.

Key Benefits for Caregivers:

Caregivers can earn a total of $9,600 to $18,600 per year tax-free, providing significant financial assistance while caring for their own relatives.
If you know someone who could benefit from this program, please encourage them to reach out. For more information, feel free to call us at 781-388-1115 or visit our website.

Thank you for helping the community spread the word!

10/01/2024

I met Dikembe at the UN General Assembly in New York. Despite his towering presence, he was incredibly humble and kind. When I awkwardly suggested a selfie, we laughed as I only managed to capture half of his face. A stranger offered to take a proper picture, and we shared a moment of genuine joy. That brief encounter showed me Dikembe’s warmth and humanity—qualities that made him unforgettable.

Gone too soon at 58, Dikembe’s spirit lives on in the laughter and kindness he spread. Rest in peace, Dikembe. You will be dearly missed.

12/31/2023

Happy New Year
መልካም አዲስ ዓመት
Bonne Année
2024

01/29/2023

Accounting, Tax, Residential & Commercial Property Management , Temporary and Permanent Staffing Services.

01/28/2023

5 Tax Tips for the 2023 Tax Filing Season:
1. Tax filing Start date – January 23, 2023.
2. Tax filing Deadline - April 18, 2023.
The filing deadline to submit 2022 tax returns or an extension to file and pay tax owed is Tuesday, April 18, 2023. Taxpayers requesting an extension will have until Monday, October 16, 2023, to file.
3. Most income is taxable, including unemployment income, interest received, or money earned from the gig economy or digital assets.
4. Speed refunds by filing electronically and choosing direct deposit.
5. Most refunds are issued in less than 21 days; EITC refunds for many are available starting February 28, 2023. Taxpayers should check Where's My Refund? on IRS.gov for their personalized refund status.

For more tax hotlines, please visit www.MYTGLOBAL.com or email [email protected]

Accounting, Tax, Residential & Commercial Property Management , Temporary and Permanent Staffing Services.

01/28/2023

5 Tax Tips for the 2023 Tax Filing Season:
1. Tax filing Start date – January 23, 2023.
2. Tax filing Deadline - April 18, 2023.
The filing deadline to submit 2022 tax returns or an extension to file and pay tax owed is Tuesday, April 18, 2023. Taxpayers requesting an extension will have until Monday, October 16, 2023, to file.
3. Most income is taxable, including unemployment income, interest received, or money earned from the gig economy or digital assets.
4. Speed refunds by filing electronically and choosing direct deposit.
5. Most refunds are issued in less than 21 days; EITC refunds for many are available starting February 28, 2023. Taxpayers should check Where's My Refund? on IRS.gov for their personalized refund status.

For more tax hotlines, please visit www.MYTGLOBAL.com or email [email protected].

Accounting, Tax, Residential & Commercial Property Management , Temporary and Permanent Staffing Services.

03/18/2021

Tax Day for individuals extended to May 17, 2021: Treasury, IRS extend filing and payment deadline.

State tax returns
The federal tax filing deadline postponement to May 17, 2021, only applies to individual federal income returns and tax (including tax on self-employment income) payments otherwise due April 15, 2021, not state tax payments or deposits or payments of any other type of federal tax. Taxpayers also will need to file income tax returns in 42 states plus the District of Columbia. State filing and payment deadlines vary and are not always the same as the federal filing deadline. The IRS urges taxpayers to check with their state tax agencies for those details. (https://www.taxadmin.org/state-tax-agencies)

https://www.irs.gov/newsroom/tax-day-for-individuals-extended-to-may-17-treasury-irs-extend-filing-and-payment-deadline

IR-2021-59, March 17, 2021 — The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021.

08/26/2019

Hi tax payers,

This is a must read.

Immediate Announcement from IRS about travelers and US passports:

Individuals with significant tax debt should act promptly to avoid revocation of passports.

The new law requires State to deny your passport application or renewal.

Please find the link below here:

CP508C is sent when the IRS has identified your tax debt as meeting the definition of “seriously delinquent” and provided that information to the State Department. This could affect your passport.

02/02/2018

New US Tax law could reduce payroll taxes by February 2018.

Some employees are wondering if the taxes could impact a big difference in their net amount. You might not even notice in your paycheck because the effect in your pay check could be small depending on your income and tax situations.

If the taxes are reduced by 1-3 percent, the tax change could be unnoticeable...not in hundred of dollars. For a difference of 1000 dollars, the effect would be less than 40 dollars for employee paid biweekly.

If you have any questions on payroll,business taxes, Accounting, and advisory, please contact MYT.
Www.mytglobal.com
(617)304-6600.

Accounting, Tax, Residential & Commercial Property Management , Temporary and Permanent Staffing Services.

04/08/2015

April 15, 2015 Tax Deadline - Just A Reminder.

If you don’t plan on filing by the April 15th deadline, you should file an extension.

04/08/2015

Update on US and Global Economic Status.

http://pro.moneymappress.com/MMRBS495LG/PMMRR441/?iris=351900&ad=revenge-end-fem&h=true

Is the Federal Reserve covering up a dangerous crisis that threatens to bring down, not just the United States, but the entire global economy?