Extended Deadline July 15th for 5 Compliance fast approaching !
Certain compliance under US tax laws (Internal Revenue Code ) for which deadline was fixed as 15th April was extended to 15th July due to the COVID-19 pandemic .As this automatic three-month extension to July 15 is fast approaching,…
4 Coronavirus Tax Relief to Businesses under CARES Act
Stimulus check is not the only relief given to taxpayers, but CARES ACT takes care of business suffering on account of Coronavirus pandemic. There are four distinct tax reliefs to businesses that will surely provide badly needed…
7 IRS Deductions & Credits Individuals can Claim in 2019 Tax Filing !
The Federal tax filing due date for 2019 return is 15th July 2020 . Despite the onslaught of deadly Coronavirus pandemic , what is fixed is filing of tax return. So, here is reminder for taxpayers who are not carrying any business or…
IRS form to apply for stimulus check if no tax return filed
IRS has launched an online form for non-filers , so that IRS can issue stimulus check
Online tax withholding calculator for employers
IRS has published an excel spreadsheet named Income Tax Withholding Assistant to help small employers compute the amount of federal income tax to withhold from their employees’ wages. Further, the spreadsheet is designed to help…
Who must file tax return to IRS?
If you want to know whether filing tax return is required under law for you , then you must first ask whether you are self employed person or a salaried or a person with income from other sources. This is so because of tax law regarding…
