Tax News

Home » Tax News


Do I need a lawyer accountant for creating an LLC?

Coronavirus Stimulus Check Calculator 2020

Although the cash method is not as accurate as the accrual method, it has the advantage of delaying taxes until you have the funds in hand. With the example above, the income from that project would be taxed in 2020 even though you won’t receive it until 2021 under the accrual llc accounting method. With […]

Read More

Irs Hours Of Operation

Irs Hours Of Operation

The IRS still has your return but things are essentially on hold until the IRS gets the additional information from you to continue processing your return . You will either get directions on WMR or IRS2Go or the IRS will contact you by mail. Follow the provided instructions and return any additional information ASAP to get your potential ...

Read More

About Wheres My Refund

About Wheres My Refund

The IRS notes that most refunds are issued within 10 days for those who file returns electronically. Those filing paper returns can expect to wait weeks for their refund. Still, many want to know the status of their refund since hundreds and even thousands of dollars are often in limbo. For all prior tax year return statuses, you must ...

Read More

Where Is My Stimulus Payment?

Where Is My Stimulus Payment?

Check it out so you know what to expect before entering the portal. The Internal Revenue Services on Tuesday night encouraged people waiting on a $600 stimulus check to “check back later” online as anger mounted among those who have not received their payments. There are millions of low-income people who are not normally required ...

Read More