These are the tax brackets and other cutoffs for tax year 2019 filed in April July 2020. See coronavirus tax relief for updated filing and payment deadlines for 2019 taxes.
Tax Filing and Planning
If you’re able to pay the IRS in full now, you have several options available.
“I’m doing X as a 1099 side job or Y freelance work, should I become a business?” The answer is that you already are a business. The real question is what formal steps you should take to save taxes and avoid liability.
You put all your receipts in a box during the year, but when you took them out at tax time, they were all faded. What do you do?
Have you selected TurboTax or TaxAct as your tax software for this filing season? You may need to stop and think twice.
Are you hurting for cash because of a recession? There may be tax breaks that can help.
Do you have Google AdSense ads on your blog or website? Here’s what you’re going to owe in taxes.
If you cash in a life insurance policy, you may need to pay tax on the cash surrender value. Any amount you receive over the amount of premiums you paid is taxable income.
Do you need someone to help you crunch the numbers for your business? What’s the difference between an accountant, bookkeeper, EA, and CPA? Keep reading to find out.