Where do I go to check my tax refund?
It’s available on IRS.gov and through the IRS mobile app, IRS2Go. E-filers can use “Where’s My Refund?” to check the status of a return within 24 hours af...
Category: Business
Can I still claim interest paid on my mortgage?
Taxpayers can deduct the interest paid on first and second mortgages up to $1,000,000 in mortgage debt (the limit is $500,000 if married and filing separa...
Is there a new RMD table?
On November 6, 2020, the IRS issued final regulations containing new life expectancy tables to be used for determining Required Minimum Distributions (“RM...
What are people not getting stimulus checks?
Individual taxpayers with AGI of $80,000 or more aren’t eligible. The new stimulus check will begin to phase out after $75,000, per the new “targeted” sti...
Can I deduct my salary as a sole proprietor?
As a sole proprietor, you don’t pay yourself a salary and you cannot deduct your salary as a business expense. Technically, your “pay” is the profit (sale...
Will the 2021 tax deadline be extended again India?
The Central Board of Direct Taxes (CBDT), via a circular issued on May 20, 2021, stated, “The due date of furnishing of Return of Income for the Assessmen...
How do I get a copy of my IRS form 1120s?
Please visit us at IRS.gov and click on “Get a Tax Transcript…” under “Tools” or call 1-800-908-9946. If you need a copy of your return, use Form 4506, Re...
How do you correct the wrong person?
6 Ways to Correct a Co-worker Without Coming Off as a Condescending Know-it-All Start With Something Positive. Hey, we all have feelings, and it’s never e...
How do I dispose of EIP card?
Some people have mistaken them for credit card offers or other junk mail and thrown them in the trash. The Treasury Department said those who have lost or...
Can you transfer money from a checking account?
You can move funds from one bank account to another with online bank transfers. If your funds are spread across accounts at different institutions, it hel...
