• Welcome
  • Tax Information
    • Tax News
      The latest tax news from the IRS and Taxing Subjects
    • Tax Tips
      Prepare for your upcoming appt. with these great tips
    • Tax Rates
      Latest and Previous Year Income Tax Brackets and Rates
    • Retention Guide
      Storing tax records: How long is long enough?
  • Tax Tools
    • IRS Forms
      Various Forms & Publications from the IRS
    • Due Dates
      All due dates assume that the date falls on a business day…
    • Financial Calculators
      Various tax and financial related online Calculators
  • Contact Us
IRS Wants Taxpayers to Save ACTC and EIP Letters

IRS Wants Taxpayers to Save ACTC and EIP Letters

by Winkelman-Bruce & Truax LLP | Dec 31, 2021 | Tax Tips and News

If taxpayers get a letter from the Internal Revenue Service relating to either the Advance Child Tax Credit or Economic Impact Payments, they need to file the letters for safekeeping. Those taxpayers will need the letters when they file their 2021 income taxes next...
Deferred Social Security Payments Due in 2022

Deferred Social Security Payments Due in 2022

by Winkelman-Bruce & Truax LLP | Dec 31, 2021 | Tax Tips and News

Taxpayers who took advantage of some tax-relief measures during the dark days of the COVID-19 pandemic are being reminded that’s it’s now time to pay up. For some taxpayers, the part of their 2020 Social Security tax bill they were able to delay to 2022 will be due...
Why Host Drake Software with Right Networks?

Why Host Drake Software with Right Networks?

by Winkelman-Bruce & Truax LLP | Dec 29, 2021 | Tax Tips and News

In November 2021, Drake Software and Right Networks collaborated on a three-part series highlighting different software solutions available to tax professionals. In part one, we learned about the different ways tax practices run software. Part two covered how cloud...
IRS Relief Now Covers Kentucky, Parts of Illinois and Tennessee

IRS Relief Now Covers Kentucky, Parts of Illinois and Tennessee

by Winkelman-Bruce & Truax LLP | Dec 28, 2021 | Tax Tips and News

As recovery efforts spread across parts of the south in the wake of the December 10 tornadoes, the Internal Revenue Service is expanding its effort to give affected taxpayers in the region a helping hand. The IRS has expanded its previously issued relief package to...
IRS Says December ACTC Payments Coming

IRS Says December ACTC Payments Coming

by Winkelman-Bruce & Truax LLP | Dec 21, 2021 | Tax Tips and News

As the phrase goes, all good things come to an end, and the Internal Revenue Service is saying just that about the advance payments of the Child Tax Credit, or CTC. In December, families who have qualified for the advance payments of the credit will get their final...
« Older Entries

Recent Posts

  • IRS Digital Intake Initiative Underway
  • SCOTUS Rules FBAR Penalty Determined on Per-Report Basis
  • Tax Relief Extended for Disaster Victims in Alabama, California, and Georgia
  • SCOTUS Holds FBAR Penalty Determined on Per-Report Basis
  • IRS Announces Direct Deposit for Amended Returns

Archives

  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • September 2021
  • August 2021
  • July 2021
Copyright ©2023 | Winkelman-Bruce & Truax LLP | taxPRO Websites