IRS News
IRS releases its 2021 Progress Update detailing challenging year | Internal Revenue Service
The Internal Revenue Service today released its 2021 annual report describing the agency’s work delivering taxpayer service and compliance efforts during the pandemic while highlighting efforts taken by IRS employees to help people during the year.
irs.gov
IRS reminder to many: Make final 2021 quarterly tax payment by Jan. 18; avoid surprise tax bill, possible penalty | Internal Revenue Service
The IRS urges taxpayers to check into their options to avoid being subject to estimated tax penalties, which apply when someone underpays their taxes.
irs.gov
News
Fact or fiction: The IRS will track payments over $600 from PayPal and Cash App in 2022
You'll have to start keeping track of business income received through payment apps, but money from friends and family will not be taxed.
cnet.com
IRS reminder to many: Make final 2021 quarterly tax payment by Jan. 18; avoid surprise tax bill, possible penalty | Internal Revenue Service
The IRS urges taxpayers to check into their options to avoid being subject to estimated tax penalties, which apply when someone underpays their taxes.
irs.gov
You can now claim up to $16,000 in tax credit for child-care expenses. Learn how it works
The expanded tax credit for child care expenses in 2021 could lead to a big tax refund for parents in 2022.
cnet.com
Tax news and information - Journal of Accountancy
The latest tax news and insights from the Journal of Accountancy, the ultimate resource for today’s CPA.
journalofaccountancy.com
Best Places to Live, Retire in US: Lake Tahoe, New Jersey Town Top Zillow List - Bloomberg
Lavallette in N.J. was more popular than destinations in Florida on the real estate app’s rankings, while South Lake Tahoe took the overall prize.
bloomberg.com
From The Desk of Keith L. Jones, CPA
What professional can help me with IRS problems?
The best thing to do when faced with an IRS Problem is to hire an expert in tax resolution so you can get the best result possible.
Even if you owe $10,000 or less, have all your income tax returns filed, and are able to pay the amount due over 36 months with a guaranteed monthly Installment Agreement (payment plan), it’s good to pay a small fee to have a professional set it up for you.
keithjonescpa.com