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Our carefully crafted blogs offer valuable insights and guidance on taxes, accounting, finance, and beyond. Stay informed with expert advice designed to help you navigate the financial world with confidence.
This new IRS effort is called the Taxpayer Relief Initiative, and it aims to help those financially affected by COVID-19.
Taxpayers who owe taxes always had options to get help through payment plans and other tools from the IRS, and now they are expanding those tools. The revised COVID-related collection procedures will be helpful to taxpayers, especially those who have a record of filing their returns and paying their taxes on time. Here are the highlights of the Taxpayer Relief Initiative:
This is a great article that talks about many programs that are available through Valley Partners to help businesses in Ohio and Western Pennsylvania. We recommend that you read it at The Business Journal Daily.
Valley Partners (renamed from Mahoning Valley Economic Development Corp.) was founded as a driver of the local economy in 1978, a year after Black Monday and the beginning of the end of the steel industry.
Although you've no doubt been very busy implementing all the new safety procedures, re-figuring your financial projections, cutting expenses, and taking good care of your employees, it's a good idea at this time to also take stock of your personal expenses.
If you didn't refinance your home mortgage when the rates reached historic lows, you may want to take a look at what you might gain now by refinancing.
Today's average 30-year fixed-refinance rate is 3.67%. At this rate, you’ll pay $458.59 per month in principal and interest for every $100,000 you borrow.
Scammers are aware that people are catching on to their attempts, so they’re coming up with new ways to convince Social Security beneficiaries that their frauds are legitimate. Because Social Security scams are increasingly common – even more common than IRS scams – it’s important to help educate others and raise awareness of these evolving tactics and how to identify and report scam attempts.
With Christmas only about a week away, we're all busy preparing for the holiday. However, if you haven't already taken care of these items, you should take the time to complete these tasks before the end of the year to get ready for 2020 taxes.
Charitable Contributions