The coronavirus outbreak has put the world upside down, and scammers are exploiting the confusion to take advantage of people, targeting them with phishing attempts and malware attacks. Read on to learn more about the most common scams and threats so you can defend yourself and your business from cyber-criminals. Scams Related to Economic Impact…
DetailsEconomic Impact Payments are about to start hitting bank accounts. This relief initiative has been rolled out by the IRS and the Treasury Department and aims to help taxpayers who have been negatively impacted by the outbreak of coronavirus. This brief guide will show you what amount you could receive, which taxpayers qualify to Economic…
DetailsThe Internal Revenue Service (IRS) and the Treasury Department have announced the Employee Retention Credit, a provision aimed at helping businesses financially impacted by the outbreak of coronavirus so they can keep their employees on their payroll. Keep reading to discover how much can you expect to receive and what are the conditions to qualify…
DetailsThe outbreak of Coronavirus has upended the daily lives of people all over the world, and taxes are no exception. As a result, the Internal Revenue Service (IRS) is putting in place a series of measures to offer financial relief to taxpayers who may have experiencing problems filing and paying their taxes under the current…
DetailsThe Internet has brought many benefits, but also risks. There are many individuals who try every day to trick people into giving them their information with malicious intent. The following tips will allow you to protect your data so you can use the Internet with greater confidence. Protect Your Personal Information You can’t be too…
DetailsThis year the filling deadline for your taxes is April 15, so it’s important to make sure you check your tax withholding with the IRS. If you owe taxes, read on. Below you will find the options available to you, depending on your specific case. What to Do if You Owe and Can Pay Those…
DetailsIf you have children or other dependents you may qualify for a Child Tax Credit (CTC). There have been important changes regarding this tax credit, so it’s important that you stay updated. This post will provide you with the essential information and some tools to determine whether you qualify for this credit. Some Basic Facts…
DetailsThe IRS has very stringent rules and regulations regarding tax deductions, so you want to make sure that you are not requesting a deduction you do not qualify for. Therefore, we have gathered five common expenses not to deduct from your income tax returns. These expenses include over-the-counter medicine, commuting and transportation, family pets, volunteer work, and plastic surgeries. Just remember that there may be…
DetailsEvery year, millions of taxpayers get ready to file their income tax return, a process that is feared by many, but that we all need to take care of. Having to collect and document our expenses can be a daunting task, especially when we don’t have the proper guidance. However, there are other situations that…
DetailsThe year is almost over, and we should start preparing to file our income tax return if we haven’t already. This can be a very daunting task for many of us, especially when we are still not very familiar with the process. Thus, we have decided to share with you five tips for tax season…
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