If you need extra time for tax filing preparation, the Internal Revenue Service will allow a for a six-month file extension. As long as you complete the proper form on time, the IRS...
Posted by Unifirst Financials & Tax Resources on 05/20/2019
Your vehicle purchase must satisfy a number of criteria in order to qualify for the qualified plug-in electric drive motor vehicle tax credit. Only qualified vehicles are eligible...
Posted by Valderas Financial Solutions LLC on 05/20/2019
Your US passport can now be revoked or refused to be renewed by the IRS. There have been many speculations before that this will happen and it actually did. In the next few weeks,...
Posted by Valderas Financial Solutions LLC on 05/20/2019
The average tax refunds continue to be lower compare to last year and the tax deadline is getting close. According to the IRS, $2,640 is the average tax refund for the week ending...
Posted by Valderas Financial Solutions LLC on 05/20/2019
The IRS recently issued a warning about a new trick on the usual impersonation phone scam. An independent organization within the IRS called Taxpayer Advocate Service is being impersonated...
Posted by Valderas Financial Solutions LLC on 05/20/2019
What is Form 8606: Nondeductible IRAs?Form 8606: Nondeductible Individual Retirement Accounts (IRAs) is a tax form shared by the Internal Revenue Services (IRS) and are made of by...
Posted by Unifirst Financials & Tax Resources on 05/01/2019
Setting out some amount for retirement may look like a severe task when you are trying to meet up other competing issues such as paying off debt or gathering up saving for short term...
Posted by Unifirst Financials & Tax Resources on 05/01/2019
IRS audits, initially: IRS audits are uncommon. The IRS does the more significant part of them via mail. A full, timely response is vital. One-on-one IRS audits are the rarest...
Posted by Unifirst Financials & Tax Resources on 05/01/2019
The tax reform bill implemented in December 2017 forbids deductions for hush cash settlements in sexual harassment cases. This is also called a Weinstein tax; it keeps people and organizations...
Posted by Valderas Financial Solutions LLC on 04/09/2019
