“Wow, that was fast!” The exact words from one of our client this morning. The direct deposits are happening now.… Read more IRS GET MY PAYMENT
Category: Money
YOUR STIMULUS CHECK
The Stimulus bill passed by Congress and signed by the President on March 27, 2020 contains many provisions affecting every… Read more YOUR STIMULUS CHECK
YOUR STIMULUS CHECK
The Stimulus bill passed by Congress and signed by the President on March 27, 2020 contains many provisions affecting every American. The… Read more YOUR STIMULUS CHECK
What Deductions Can I Take as an Owner of Rental Property?
What Deductions Can I Take as an Owner of Rental Property?
CELLPHONE TAXES
Wireless and other telecommunications are one of the few services that are consistently subject to sales and use taxes by states with both narrow and broad sales tax bases.
STANDARD DEDUCTIONS CHANGED?
The standard deduction is a specific dollar amount that reduces the amount of income on which you’re taxed.
YOUR TAX RATE
Every year, the IRS adjusts more than 40 tax provisions for inflation. This is done to prevent what is called “bracket creep.” This is the phenomenon by which people are pushed into higher income tax brackets or have reduced value from credits or deductions due to inflation, instead of any increase in real income.
InWorks Tax Services 