Archive for Tag: Tax Credit

Feb 2020 individual due dates

FEBRUARY 2020 INDIVIDUAL DUE DATES

February 1 – Tax Appointment If you don’t already have an appointment scheduled with this office, you should call to make an appointment that is convenient for you.  February 10 – Report Tips to Employer If you are an employee who works for tips and received more than $20...

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Feb 2020 business due dates

FEBRUARY 2020 BUSINESS DUE DATES

February 10 – Non-Payroll Taxes File Form 945 to report income tax withheld for 2019 on all non-payroll items. This due date applies only if you deposited the tax for the year in full and on time. February 10 – Social Security, Medicare and Withheld Income Tax  File Form...

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Graduates

ABOVE-THE-LINE EDUCATION TAX DEDUCTION REINSTATED

Article Highlights: Appropriations Act of 2020 History of the Deduction Other Education Expense Benefits Which Tax Break Provides the Best Benefit On December 20, 2019, President Trump signed into law the Appropriations Act of 2020, which included a number of tax law changes, among them retroactive extension of certain...

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