According to Uncle Sam, taxpayers who owe additional federal taxes should do a paycheck checkup to avoid unnecessary extra levies. The Tax Cuts and Jobs Act passage made some major...
Posted by Tiffany Gaskin on 11/30/2022
Heavy vehicle use tax, commonly referred to as Form 2290 road tax, is payable on all heavy-duty motor vehicles driven on public roads in the United States. It is also called the road...
Posted by Dennis Jao on 11/28/2022
Most people don't understand the late-filing penalties associated with Form 5500 (including 5500-EZ and 5500-SF). Why should they?But once you file late (or do not file at...
Posted by KLSM CPA Firm PLLC on 09/27/2022
Getting married promises a happy ending, but you have to struggle to get it. You will encounter many hurdles and one is filing taxes with a maiden name. It's an easy approach if...
Posted by Dennis Jao on 08/11/2022
If you need additional time to file your taxes this year, the Internal Revenue Service allows you to make an extension. This gives you another six months to complete your return. And...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 07/18/2022
Did you know many military members and their family members can get a tax deferral extension? In several cases, the extension is automatically granted, and some people may even receive...
Posted by Dennis Jao on 07/18/2022
Keeping old tax records can save you time and effort if you are audited or need to file an amended tax return. Previous tax returns can also help you document your income when applying...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 06/24/2022
There is a lot to be done as an individual or business owner. People juggle between everyday tasks with little or no spare time to file taxes. A tax bill from Uncle Sam can halt business...
Posted by Tiffany Gaskin on 06/24/2022
As a taxpayer, you should be familiar with the current year’s tax return. You can request to check or change the information on the tax report after filing your assessment year...
Posted by Dennis Jao on 06/10/2022
