Joe and Jill Biden published their tax returns: how much the first US family earned in 2021

US President Joe Biden and his wife Jill have released their 2021 tax returns. The couple's total income last year was $610. Almost a quarter of that $702, or 150%, the couple paid in income tax. About it…

Preparation of declarations and solution of tax problems

MICHAEL KOLODEN CPA PC is an accounting firm licensed in New York and New Jersey that offers a full range of services: completing and filing tax returns (individual and business); solving tax problems; accounting for business; payroll for business; personal financial...

Jointly or Separately: What is the Best Way for a Couple to File a Tax Return?

Married couples have a choice during the tax period: they can file two individual returns or one joint return. In most cases, joint filing is more profitable, but there are cases when it is better to file two separate declarations. How to decide which will be...

Deductions, limits and credits: important tax nuances to consider when filing a return for 2021

Tax rules in the US change every year. Tax rates, deduction amounts, contribution limits - new numbers are set for this every year. When filling out the declaration, it is important to provide the correct information, otherwise the document will be sent for additional verification and your return will be delayed. ForumDaily asked...

How to avoid fines if you fail to file your tax return on time

The deadline for filing tax returns is May 17th. If you haven't already, don't panic, even if you are short on time. Better consider extending the term. How exactly, said the publication USA Today. The IRS does not care about the reason ...

Not Everyone Will Get Coronavirus Aid This Year: Why Some Will Have To Wait For Next Tax Season

Millions of Americans are already receiving quarantine aid from a $ 1,9 trillion package that US President Joe Biden signed earlier in March. But not all types of help will be available immediately. The publication CNN told in more detail. In fact, Americans will not be able to fully ...

IRS Starts Accepting Tax Returns for 2020: Timing, Deductions and Details to Know

The unprecedented events of 2020 have changed life as much as we knew it. And many of the changes and shocks of the past year have brought about changes in your tax returns. Due to the COVID-19 crisis, there are many new and revised regulations and important dates, about ...

Submission of declarations, retirement accounts and deductions: key tax changes caused by the COVID-19 pandemic

The coronavirus pandemic has upended the entire economy and the usual way of life. In particular, it changed the rules for filing returns and other tax processes. Writes about this USA Today. Several key changes should be noted this year, some of which are intended to ease the financial burden ...

2020 tax season: filing can be delayed until October

Generally, tax returns in the United States must be filed by April 15th, but 2020 has been an exceptional year. The IRS has moved the filing deadline from April 15 to July 15, but there are other options. Writes about this ...

26 things to do now if you want to file a tax return on time

Taxes are an annoying fact of life for most people, but planning ahead can make things a little easier. Tax professionals and other financial experts have compiled a list of everything you need to do now to ensure you're on track to file by April 15th. About it…

0 - 10 of 17