Taxpayers can take steps now to Get Ready to file their taxes in 2020
Here are a few other things people can do now: Check their withholding and make any adjustments soon Since most employees typically only have a few pay dates left this year, checking their withholding soon [...]
IRS: Eligible employees can use tax-free dollars for medical expenses
With health care open season now under way at many workplaces, the Internal Revenue Service today reminded workers they may be eligible to use tax-free dollars to pay medical expenses not covered by other health [...]
IRS updates guidance for deductible business, charitable, medical and moving expenses
The Internal Revenue Service today issued guidance for taxpayers with certain deductible expenses to reflect changes resulting from the Tax Cuts and Jobs Act (TCJA). Revenue Procedure 2019-46, posted today on IRS.gov, updates the rules [...]
Taxpayers can start to Get Ready now for filing their taxes next year
Most people don’t usually start thinking about their taxes until January. However, it’s not too early to start now. In fact, taxpayers can get ready for the upcoming tax filing season by doing a few [...]
Members of the military can check out these resources to help answer tax questions
When it comes to taxes, members of the military often have unique circumstances. IRS.gov has info on several topics that affect current and former military personnel, as well as their families. Here are resources where [...]