The Executive Order for Payroll Tax Deferral The Executive Memorandum signed by the President August 8, 2020, providing for the deferment of some payroll taxes. This was followed by Internal Revenue Service Notice 2020-65 which offered some clarity on provisions of...
Ten Things To Know If You Haven’t Filed Your Taxes Yet You’re busy, you’re still getting organized — whatever the reason, you still haven’t filed your taxes yet. But waiting until the last minute to file your taxes means you might be rushed....
I owe the IRS back taxes, the IRS hasn’t contacted me, what should I do? Don’t ignore the IRS. I know you might say, but they haven’t called or sent any letters so why should I poke the bear? Well eventually they will catch up to you and by then things could be real...
Owing the IRS and Understanding Your Payment Options So you owe the IRS taxes and now you wonder what your options for paying are. For paying can you send in a check? Can you pay online? Does the IRS accept cash? Can you use Paypal? Below are your payment...
Tax Deductions for Personal Car Used for S Corporations Is the vehicle you use in the S Corporation business titled in your personal name? How about your spouse’s vehicle? In whose name is it titled? Do you or your spouse use that vehicle for S Corporation...
