Owing the IRS is not what an American citizen hopes for, but there comes a time it happens, and might be out of your hands. The consequences are flexible at first, but the tail is...
Posted by KLSM CPA Firm PLLC on 02/17/2023
Stimulus checks, also known as economic impact payments, are disbursing their third round of funds to qualified millions of Americans. The program was enacted to help Americans during...
Posted by Tiffany Gaskin on 02/07/2023
An unanticipated tax bill can be financially devastating, especially when it looks like you'll need to raise a huge sum of money in a short time.But don't worry, there's...
Posted by Tiffany Gaskin on 08/11/2022
A direct deposit scam is a business email compromise or email account compromise system (BEC/EAC). Commonly prevalent, these scams affect all sectors. In 2019, the IC3 (FBI's Internet...
Posted by Tiffany Gaskin on 07/18/2022
The student loan interest deduction is a tax deduction for students and their parents who have incurred debt to pay for their education. It allows up to $2,500 of interest paid to...
Posted by Tiffany Gaskin on 04/09/2022
All businesses that have employees must submit an annual W-2 report containing information on total employee compensation and withholding tax for the year. If you have W-2 forms for...
Posted by Taxes Made EZ Inc on 01/21/2022
If you have kids or other dependents under the age of 17, you may be eligible for the child tax credit. It was extended as part of the American rescue plan, which was signed by President...
Posted by Dennis Jao on 01/01/2022
As a small business owner, you want to know the type of taxes you should pay, and an excise tax is one of such taxes. Excise taxes are the extra tax added to particular products or...
Posted by KLSM CPA Firm PLLC on 10/09/2021
Perhaps you are considering if it is time to refinance your mortgage; if that is the case, then you need to know how much you can save and how much it will cost to refinance.Ideally,...
Posted by Pat Raskob on 08/15/2021
