Tax Blog
Tips to help you prepare for tax season
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The latest tax tips and news from WORSHAM TAX SERVICES
Lower Oil Prices Affecting State Budgets
The Tax Foundation found that states relying on oil-related taxes could have state revenue shortfalls.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Urges Low-Income Non-Filers to Use EIP Reporting Tool
The Internal Revenue Service reminded low-income Americans who don’t normally file a tax return that they are probably eligible to receive an Economic Impact Payment.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Issues “Plus $500” Last Call for SSI, VA Beneficiaries with Dependents
The Internal Revenue Service today issued a “plus $500” last call for Supplemental Security Income and Veterans Affairs beneficiaries who can claim dependents as part of their Economic Impact Payment.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
May 2020 Enrolled Agent Exam Cancelled due to Coronavirus
The Internal Revenue Service says it had to delay the Special Enrollment Examination (SEE) tests for Enrolled Agents that was slated for May due to the coronavirus pandemic.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Hunting, Fishing Tax Hits the Mark
The Tax Foundation found that an excise tax on firearms and other hunting and fishing gear is feeding tax proceeds back into projects that ultimately benefit outdoorsmen paying the tax.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
EIP Alert: May 5 Deadline for SSI and VA Beneficiaries with Dependents
While non-filers receiving Supplemental Security Income (SSI) and Veterans Affairs (VA) benefits are scheduled to automatically get a $1,200 Economic Impact Payment, the IRS says beneficiaries need to report qualifying dependents before May 5, 2020, to receive an additional $500 per qualifying child with their EIP.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
