by taxPRO Websites Staff | Jul 14, 2021 | Tax Tips and News
Time is quickly running out to register for the 2021 IRS Virtual Nationwide Tax Forum. To see all the events—including access to all 30 webinars and IRS Commissioner Chuck Rettig’s keynote address—registration must be completed by Tuesday, July 13. The event starts...
by taxPRO Websites Staff | Jul 10, 2021 | Tax Tips and News
We’ve all been there before: We got a new job, and on the first day, our new boss puts a Form W-4 on our desk and tells us to fill it out for withholding. It takes a bit of math and what feels like a good helping of guesswork to figure out just how much tax we need to...
by taxPRO Websites Staff | Jul 8, 2021 | Tax Tips and News
New guidance from the Internal Revenue Service tries to clear up questions some transportation companies may have about pandemic-related federal grants. The agency has published a series of frequently asked questions aimed at giving these companies a better idea of...
by taxPRO Websites Staff | Jul 7, 2021 | Tax Tips and News
For self-employed taxpayers and household employers, it’s time, as they say, to pay the piper. The CARES Act—also known as the Coronavirus Aid, Relief and Economic Security Act—gave these specific taxpayers permission to defer paying certain Social Security taxes for...
by taxPRO Websites Staff | Jul 2, 2021 | Tax Tips and News
Monthly Advance Child Tax Credit payments are set to begin in two weeks. While it’s too late to change the bank account that will receive the July 15 payment, qualifying taxpayers can now use a tool on IRS.gov to update their information before the August...
