IRS Provides Penalty Relief for 2020 and 2021 Tax Returns

IRS Provides Penalty Relief for 2020 and 2021 Tax Returns

IRS Zaps Nearly $1 Billion in Penalties for Taxpayers Americans who owe back taxes will be given an incentive to pay up after the Internal Revenue Service said it would waive nearly $1 billion in late-payment penalties. Roughly 4.6 million individual taxpayers who owe...
Tax-Saving Tips 2022 Year-End Edition

Tax-Saving Tips 2022 Year-End Edition

Last-Minute Year-End General Business Income Tax Deductions The purpose of this letter is to get the IRS to owe you money. Of course, the IRS will not likely cut you a check for this money (although, in the right circumstances, that will happen), but you’ll realize...
Is Cryptocurrency Taxable

Is Cryptocurrency Taxable

Whether you are new to cryptocurrency or are an advanced crypto trader, there’s one aspect of it that most people find confusing—crypto taxes! There might be times you find yourself looking for answers to questions like: is Bitcoin taxable or what crypto activities...
City of Harahan Sales Tax

City of Harahan Sales Tax

The City of Harahan will begin collecting sales taxes in the amount of .8% on everything that is currently taxable within the corporate limits of the City of Harahan beginning July 1, 2022. This means that your taxable transactions within the City of Harahan will be...