Posts from September, 2016

  • Tax Relief to Louisiana Storm Victims Louisiana storm victims will have until Jan. 17, 2017, to file certain individual and business tax returns and make certain tax payments, the Internal Revenue Service announced today. All workers assisting the relief activities who are affiliated with a recognized government ... Continue Reading
  • IRS Warns of Back-to-School Scams The IRS is warning against telephone scammers targeting students and parents during the back-to-school season and demanding payments for non-existent taxes, such as the “Federal Student Tax.” People should be on the lookout for IRS impersonators calling students and ... Continue Reading
  • New Factors Increase Importance of Withholding Check-Up There are several new factors that could affect refunds in 2017. A new tax law change requires the IRS to hold refunds a few weeks for some early filers in 2017 claiming the Earned Income Tax Credit and the Additional Child Tax Credit. In addition, the IRS and state tax ... Continue Reading
  • Upcoming Tax Deadlines September Th 15 Pay the third installment of your 2016 estimated tax – Use Form 1040-ES. Th 15 Partnerships: File Form 1065 if you timely requested a 5-month extension. Th 15 Corporations: File calendar year Form 1120 or 1120S if you timely requested a 6-month extension. Th ... Continue Reading
  • Tax Effects of Divorce or Separation If you are divorcing or recently divorced, taxes may be the last thing on your mind. However, these events can have a big impact on your wallet. Alimony and a name or address change are just a few items you may need to consider. Here are some key tax tips to keep in mind: ... Continue Reading