3 E Tax Solutions LLC

09/21/2022

COVID tax relief: IRS provides broad-based penalty relief for certain 2019 and 2020 returns due to the pandemic; $1.2 billion in penalties being refunded to 1.6 million taxpayers

https://bit.ly/3e6EBVL

Visit https://www.3etaxsolutions.com for accounting, payroll, and tax preparation services.

IR-2022-155, August 24, 2022 — To help struggling taxpayers affected by the COVID-19 pandemic, the IRS today issued Notice 2022-36, which provides penalty relief to most people and businesses who file certain 2019 or 2020 returns late.

09/16/2022

TAX RETURN TERMINOLOGY

https://bit.ly/3BgqFQO

Visit https://www.3etaxsolutions.com for accounting, payroll, and tax preparation services.

09/14/2022

Understanding taxpayer rights: Every taxpayer has the right to privacy

https://bit.ly/3AN9TtL

Visit https://www.3etaxsolutions.com for accounting, payroll, and tax preparation services.

IRS Tax Tip 2022-127, August 18, 2022 — The privacy of America's taxpayers is paramount at the IRS. The right to privacy is one of ten rights the Taxpayer Bill of Rights gives all taxpayers.

09/07/2022

How and When To Make Payroll Tax Deposits

https://bit.ly/3fqatjn

Visit https://www.3etaxsolutions.com for accounting, payroll, and tax preparation services.

Employers must make either monthly or semi-weekly payroll tax deposits. Here’s how to figure out which schedule you need to be on, and how and when to make deposits.

08/31/2022

Child Tax Credit 2022: How Much Money Could You Get From Your State?

https://cnet.co/3e79YiF

Visit https://www.3etaxsolutions.com for accounting, payroll, and tax preparation services.

Find out if your state is planning to send out child tax credit money or offer deductions, and if you're eligible.

08/24/2022

What businesses need to know about reporting nonemployee compensation and backup withholding to the IRS

https://bit.ly/3PKvPKn

Visit https://www.3etaxsolutions.com for accounting, payroll, and tax preparation services.

Tax Tip 2022-109, July 19, 2022 — When a business hires an independent contractor, the employer is generally not responsible for withholding income taxes, Social Security, or Medicare taxes from their compensation. However, by law, business taxpayers who pay nonemployee compensation of $600 or mor...

08/18/2022

FREQUENTLY ASKED QUESTIONS ABOUT TAX RETURNS
https://bit.ly/3c5Ezg6
Visit https://www.3etaxsolutions.com for accounting, payroll, and tax preparation services.

08/17/2022

The wealthy now have more time to avoid estate taxes, thanks to an IRS change

https://cnb.cx/3orzYaB

Visit https://www.3etaxsolutions.com for accounting, payroll, and tax preparation services.

If your family has significant wealth, it's now easier to avoid federal estate taxes, thanks to recent changes from the IRS. Here's what to know.

08/10/2022

People without a filing requirement may miss out on a refund if they don’t file a 2021 tax return

https://bit.ly/3cGTqNK

Visit https://www.3etaxsolutions.com for accounting, payroll, and tax preparation services.

COVID Tax Tip 2022-111, July 21, 2022 — Some people may choose not to file a tax return because they didn't earn enough money to be required to file but may miss getting a refund if they don’t file.

08/03/2022

Where's My Tax Refund? When to Expect Your Money and How Much Extra the IRS Owes You

https://cnet.co/3b46EDS

Visit https://www.3etaxsolutions.com for accounting, payroll, and tax preparation services.

If you filed your tax return on time and still haven't gotten your refund, at least it's earning interest.

07/27/2022

Child Tax Credit 2022: Could You Get $450 Per Child From Your State?

https://cnet.co/3aZ4iGB

Visit https://www.3etaxsolutions.com for accounting, payroll, and tax preparation services.

Several states are sending additional child tax credit relief to residents. You could be eligible for more money.

07/20/2022

Some tax considerations for people who are separating or divorcing

https://bit.ly/3y8J160

Visit https://www.3etaxsolutions.com for accounting, payroll, and tax preparation services.

Tax Tip 2022-92, June 15, 2022 — When people go through a legal separation or divorce, the change in their relationship status also affects their tax situation. The IRS considers a couple married for filing purposes until they get a final decree of divorce or separate maintenance.