It’s Time to Get Ready for Taxes

In a matter of weeks the 2020 filing season will be underway. To help ensure that taxpayers don’t get caught unprepared, the IRS is recommending everyone to act now to avoid any tax-time surprises and ensure smooth processing of 2019 tax returns.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Tax Year 2020 Annual Inflation Adjustments Revealed by IRS

A recent Internal Revenue Service press release revealed the tax year 2020 annual inflation adjustments, which affect a number of tax items, including marginal tax rates, the Alternative Minimum Tax, the Earned Income Credit, and more.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…