Tax Blog
Tips to help you prepare for tax season
The latest tax tips and news from Business IT IS!
IRS Updates FAQs for 2021 CTC and ACTC
The Internal Revenue Service has once again revised the frequently asked questions (FAQs) for the 2021 Child Tax Credit (CTC) and Advance Child Tax Cr
Higher IRS Interest Rates Coming in Q3
The Internal Revenue Service is increasing the interest rates it can charge taxpayers for under- or overpayments, starting July 1. This follows the tr
IRS Highlights Work Opportunity Tax Credit
It’s a tight job market out there, and many employers are struggling to recruit and retain qualified employees to maintain operations. While tax pro
Five Tax Tips for Hurricane Season
As localized natural disasters continue to wreak havoc on a more global scale, it seems Mother Nature is finding new and frightening ways to disrupt o
IRS Offers Helpful Info for Starting a Business
It’s National Small Business Week, and this year’s theme is “Building a Better America Through Entrepreneurship.” Fittingly, the Internal Revenue
Small Business Deductions for TY 2022
With the deadline for filing individual tax returns come and gone, tax professionals everywhere are enjoying well-earned downtime. However, taking a l
Latest tips from the IRS
Tweets by IRSnewsPHONE: 803-361-5427
EMAIL: businessitis@att.net