Business Solutions

01/10/2022

2022 tax filing season begins Jan. 24

IR-2022-08, January 10, 2022 — The IRS announced that the nation's tax season will start on Monday, January 24, 2022, when the tax agency will begin accepting and processing 2021 tax year returns.

01/07/2020

The Internal Revenue Service (IRS) has announced that tax season will open on Monday, January 27, 2020.

06/22/2019

05/01/2019

April is the official National Financial Literacy Month; however the experts at Money Management International know that regardless of the day or month of the year you begin, the 30 step path will help you achieve financial wellness. Take the first step today!

04/23/2019

What are all these deductions on my paycheck? 🤔🧐

04/16/2019

Unhappy with your refund under the new tax law? Here’s what to do

The 2017 tax overhaul that took effect this year could change millions of Americans' refunds.

04/15/2019

If you are due a refund for withholding or estimated taxes, you must file your return to claim it within 3 years of the return due date.

Understand how to file past due returns.

04/03/2019

Where is my IRS refund? Track it here

Information about refunds associated with filing taxes. Status of a return is usually available within 24 hours after the IRS has received an e-filed return or 4 weeks after a paper return received by mail.

03/14/2019

IR-2019-38, March 13, 2019 ― Unclaimed income tax refunds totaling almost $1.4 billion may be waiting for an estimated 1.2 million taxpayers who did not file a 2015 Form 1040 federal income tax return, according to the Internal Revenue Service.

02/15/2019

Find out what to do if you don’t receive your W-2.

02/12/2019

Generally, you cannot deduct personal, living, or family expenses. However, if you have an expense for something that is used partly for business and partly for personal purposes, divide the total cost between the business and personal parts. You can deduct the business part.

For example, if you borrow money and use 70% of it for business and the other 30% for a family vacation, you can deduct 70% of the interest as a business expense. The remaining 30% is personal interest and is not deductible. Refer to chapter 4 of Publication 535, Business Expenses, for information on deducting interest and the allocation rules.

Publication 535 - Introductory Material Introduction Comments and suggestions. Ordering forms and publications. Tax questions. Future Developments What's New for 2017 What's New for 2018 Reminders Deducting Business Expenses Whats New Introduction Topics - This chapter discusses: Useful Items - You....