Uncategorized 2022 Tax Season Filing Advice for Taxpayers with Children 4 Jan 202226 Dec 2021 During the most recent tax filing season, over 10 million tax returns were held for manual processing causing an enormous IRS backlog and delayed refunds, due to incorrect reporting of…
Uncategorized 2022 Federal Holidays 28 Dec 2021 December 31, 2021—New Year's Day 2022 (observed)February 21—Washington's BirthdayApril 15 * —District of Columbia Emancipation Day (observed) *May 30—Memorial DayJune 20—Juneteenth National Independence Day (observed)July 4—Independence DaySeptember 5—Labor DayOctober 10—Columbus…
Uncategorized 2022 Standard Mileage Rates 18 Dec 2021 Business Miles … 58.5 cents per mile (up 2.5 cents from prior year)Medical miles …. 18.0 cents per mile (up 2.0 cents from prior year)Moving miles ….. 18.0 cents per…
Uncategorized Tax Breaks Underwrite the Enjoyment of our Richest Citizens 9 Dec 2021 Nonprofit ProPublica "has identified a special class of superrich taxpayers who amass tax deductions to such an extent that they can avoid income taxes for years on end. Many of…
Uncategorized Do you need to adjust your tax withholding at your job? 19 Oct 202113 Oct 2021 Why? Because withholding may be too much.Ifyou traditionally receive a large refund, re-think whether you want the government to have your money, interest free, for twele months. Additionally, consider that…
Uncategorized Death, taxes and childbirth! 12 Oct 202128 Sep 2021 “Death, taxes and childbirth! There's never any convenient time for any of them.”― Margaret Mitchell, author
Uncategorized Q: Will the IRS notify me if my past due tax debt is being turned over to a collection agency? 5 Oct 202123 Sep 2021 A: Yes, the IRS will notify you by mail at your address as shown in IRS records.
Uncategorized There are several ways of donating to charities and getting a tax deduction for the gift. 1 Oct 2021 Here is a short list of some of them as compiled by CPA and advisor Ed Mendlowitz, Withum.com.
Uncategorized Q: Does the IRS use collection agencies to collect past due taxes? 27 Sep 202123 Sep 2021 A: Yes, the following collection agencies are contracted by the IRS to collect unpaid taxes:BE Group, Inc.of Waterloo, IA, Coast Professional, Inc. of Albion, NY, and ConServe of Fairport, NY.…
Kenneth Athon Tax Strategies 