by Jeffrey Jackson | Apr 4, 2025 | Due Dates
✅ Key Tax Deadlines 📆 March 17 Individuals: Report February tip income of $20 or more to employers (Form 4070) Employers: Deposit nonpayroll withheld income tax for February (if monthly deposit rule applies) Deposit Social Security, Medicare, and income taxes withheld...
by Jeffrey Jackson | Apr 4, 2025 | Tips
⚠️ Business Owners: Identity Theft Is a Serious Threat Business identity theft is a growing cybercrime that can cripple or even shut down your business permanently if left unchecked. 🚩 Common Signs of Business Identity Theft Watch for these red flags: You can’t file a...
by Jeffrey Jackson | Apr 4, 2025 | Tips
If you owe federal income tax, you can typically pay using a credit or debit card, either directly or through approved third-party payment processors. However, there are some important limitations and costs to be aware of. Limits on Card Payments The IRS restricts how...
by Jeffrey Jackson | Apr 4, 2025 | Tips
Any U.S. person with a financial interest in or authority over foreign financial accounts may be required to file a Report of Foreign Bank and Financial Accounts (FBAR). An FBAR must be filed if the aggregate value of all foreign accounts exceeds $10,000 at any time...
by Jeffrey Jackson | Apr 4, 2025 | Articles
If you’re preparing to file your 2024 federal income tax return and your tax bill is higher than expected — or your refund is smaller than hoped — there might still be an opportunity to change that. If you qualify, you can make a deductible contribution to a...
