Monday – January 29, 2018, is the first day IRS will start processing our income tax return. There will be an estimated 138.3 million taxpayers who will file with income reportedly at $9.03 trillion in AGI (Adjusted Gross Income) and are paying $1.23 trillion in federal income tax, according to...
With the passing of the new tax law on the last days of 2017, we found ourselves asking what’s going to happen next. Will the new tax law be effective immediately or will it be enforced later? In this report, answers to some of these questions might be tackled and...
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9 IRS REMINDERS TAXPAYERS SHOULD KNOW It is tax season again and IRS is reminding the 155 Million taxpayers’ important issues when they file their 2017 tax returns. Here is the list that may be of help to you when filing your tax returns that IRS wants you to know:...
According to IRS report, a full 20% of eligible Americans overlooked an average tax break worth of up to $6,318 each year. Millions of Americans completely overlooked a tax bonus, which is free money left on the table up for grabs. Tax Return preparation can be very confusing, daunting and...
Tax Cuts & Jobs Act – 2017 is the new tax regulation passed by Congress and signed into law by Pres. Trump on December 22. 2017. On January 23, 2017, IRS will start receiving online applications. We, income earners, are mandated to file our Federal Income Tax Return for 2017. ...
