IRS posts new announcement about tax filing deadlines

March 26th, 2020 → 5:00 am @ // No Comments

The information disseminated by governmental agencies tends to change rapidly and sometimes daily. Right now, few things are certain, and many people are just trying to keep up, including many here in Missouri. What everyone knows is that the annual ritual of submitting income tax returns to the IRS is still on the lists of many people. The question now…

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Clearing up confusion on the IRS’s latest grace period

March 20th, 2020 → 5:00 am @ // No Comments

In the midst of everything else that is currently going on in the country and across the globe, some aspects of life have to go on regardless. For instance, taxpayers here in Missouri and elsewhere have tax returns to attend to. Recently, the Secretary of the Treasury, Steven Mnuchin, announced that taxpayers will receive some relief from that obligation. However, the news…

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Clearing up confusion on the IRS’s latest grace period

March 20th, 2020 → 5:00 am @ // No Comments

In the midst of everything else that is currently going on in the country and across the globe, some aspects of life have to go on regardless. For instance, taxpayers here in Missouri and elsewhere have tax returns to attend to. Recently, the Secretary of the Treasury, Steven Mnuchin, announced that taxpayers will receive some relief from that obligation. However, the news…

Blog

Taxpayers can once again take advantage of certain tax breaks

March 11th, 2020 → 5:00 am @ // No Comments

Most Missouri residents will take the opportunity to save money wherever they can, and this usually includes doing what they can to avoid sending a big check to the IRS each year. For this reason, some taxpayers may be glad to hear that they can once again take advantage of some tax breaks that had disappeared prior to the new tax laws.…

Blog &IRS

Taxpayers can once again take advantage of certain tax breaks

March 11th, 2020 → 5:00 am @ // No Comments

Most Missouri residents will take the opportunity to save money wherever they can, and this usually includes doing what they can to avoid sending a big check to the IRS each year. For this reason, some taxpayers may be glad to hear that they can once again take advantage of some tax breaks that had disappeared prior to the new tax laws.…

Blog &IRS

Not everyone will get to keep their tax refund

March 5th, 2020 → 6:00 am @ // No Comments

If you have run the preliminary numbers for your 2019 taxes, you may have expected a sizable refund. Before you even file your income tax return, you may have thought of how you would spend that money. Like other Missouri residents expecting a refund, you filed your taxes early in anticipation of seeing that deposit into your bank account. Unfortunately,…

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Not everyone will get to keep their tax refund

March 5th, 2020 → 6:00 am @ // No Comments

If you have run the preliminary numbers for your 2019 taxes, you may have expected a sizable refund. Before you even file your income tax return, you may have thought of how you would spend that money. Like other Missouri residents expecting a refund, you filed your taxes early in anticipation of seeing that deposit into your bank account. Unfortunately,…

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A public official can become embroiled in a tax controversy

February 27th, 2020 → 6:00 am @ // No Comments

The IRS does not care what position an individual here in Missouri or anywhere else in the country holds in society. If it suspects the individual of involvement in a tax controversy, the agency will pursue the matter. For instance, public officials are not above the law, and when authorities suspect them of wrongdoing, those officials could end up facing…

Blog &Tax Controversy

A public official can become embroiled in a tax controversy

February 27th, 2020 → 6:00 am @ // No Comments

The IRS does not care what position an individual here in Missouri or anywhere else in the country holds in society. If it suspects the individual of involvement in a tax controversy, the agency will pursue the matter. For instance, public officials are not above the law, and when authorities suspect them of wrongdoing, those officials could end up facing…

Blog &Tax Controversy

Let’s clear up some misconceptions about state income taxes

February 20th, 2020 → 6:00 am @ // No Comments

While many people tend to focus on their federal income tax returns, many people will also need to pay attention to their state income taxes as well since Missouri is not one of the nine states that do not have income tax. It may not surprise you that there are some misconceptions regarding state income taxes out there, especially since…

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