Tax-Turbo

IRS Tax Dates <p>IRS official tax dates you need to stay on top of your taxes.</p> <h2>2020 Federal Legal Holidays</h2> <ul><li>January 1 – New Year’s Day</li><li>January 20 – Martin Luther King Jr.’s Birthday</li><li>February 17 – Washington’s Birthday</li><li>May 25 – Memorial Day</li><li>July 3 – Independence Day</li><li>September 7 – Labor Day</li><li>October 14 – Columbus Day</li><li>November 11 – […]

Taxpayers who need last year’s tax return have several options   Help is available for taxpayers who need tax information for prior years, but who didn’t keep copies of their returns. There are options for helping taxpayers get the information they need. Taxpayers should generally keep copies of their tax returns and any documentation for

2020 IRS Nationwide Tax Forum seminars now available online Eighteen new seminars from the 2020 Nationwide Tax Forum are now available on <a href=”https://www.irstaxforum.com/”>IRS Nationwide Tax Forums Online</a>. These self-study seminars provide information using interactive videos, PowerPoint slides and audio transcripts. These and all other previously recorded sessions from prior IRS Nationwide Tax Forums will be

Reasons to File an Early Tax Return Why Filing Early Makes Sense Even though many taxpayers file their tax returns on or about April 15 every year, there is no need to put it off until the last minute. Indeed, filing an early tax return can make sense for a variety of reasons, and you

2019 Tax Rates and Income Brackets Before the TCJA was passed, the IRS adjusted the rates and brackets for inflation using the Consumer Price Index (CPI). Once the act was passed, the IRS began using the Chained Consumer Price Index (C-CPI) to adjust. There are still seven separate income tax brackets. In 2018, most of the rates were

What happens after a disaster that leads to taxpayer relief? <img width=”1024″ height=”538″ src=”https://tax-turbo.com/wp-content/uploads/2020/10/taxes-tax-office-usa-646509-1024×538.jpg&#8221; alt=”taxes, tax office, usa” loading=”lazy” srcset=”https://i1.wp.com/tax-turbo.com/wp-content/uploads/2020/10/taxes-tax-office-usa-646509.jpg?resize=1024%2C538&amp;ssl=1 1024w, https://i1.wp.com/tax-turbo.com/wp-content/uploads/2020/10/taxes-tax-office-usa-646509.jpg?resize=300%2C158&amp;ssl=1 300w, https://i1.wp.com/tax-turbo.com/wp-content/uploads/2020/10/taxes-tax-office-usa-646509.jpg?resize=768%2C404&amp;ssl=1 768w, https://i1.wp.com/tax-turbo.com/wp-content/uploads/2020/10/taxes-tax-office-usa-646509.jpg?w=1280&amp;ssl=1 1280w” sizes=”(max-width: 1024px) 100vw, 1024px” /> No matter how devastating a disaster is, before the IRS can authorize any tax relief, FEMA must issue a major disaster declaration and

Tips to help taxpayers avoid post-disaster scams <p>The IRS reminds taxpayers that criminals and scammers often try to take advantage of generous taxpayers who want to help disaster victims. Everyone should be vigilant. These scams often pop up after a hurricane, wildfire or other disaster.</p><h2>How the scams start</h2><p>These disaster scams normally start with unsolicited contact.

Reviewing these disaster resources now can help taxpayers be more prepared later No one can fully prepare for a disaster, but knowing what resources are available beforehand can make the recovery a little easier. Here’s a list of resources that taxpayers might find helpful before and after a disaster: Tax relief in disaster situations — This

Need Amendment Tax Return? All amendments made easy. Tax-Turbo Finance Accounting. In order to make changes, corrections, or add information to an income tax return. You must file a tax amendment to correct your federal or state tax return.