Category: year end

Identity Protection PIN Availability Expands

New for the 2020 tax filing season, taxpayers in more locations will be eligible to opt into the online Identity Protection (IP) PIN program. The IP PIN is a 6-digit number that adds another layer of protection for taxpayers’ Social Security numbers and helps protect against tax-related identity theft. Taxpayers will be eligible for this […]

4th Qtr Estimated Taxes Due by Jan 15

Independent Contractor? Be sure to make your 4th Qtr Estimated Payment for 2019 by Jan 15 to avoid penalties.   Federal: https://www.irs.gov/payments Virginia: https://www.tax.virginia.gov/individual-income-tax-payment-options North Carolina: https://www.ncdor.gov/file-pay      

Steps to Take Now to Get a Jump on Next Year’s Taxes

Tax planning is for everyone. Get ready today to file your federal income tax return next year. Adjust your withholding or make a tax payment If you received a smaller refund than expected or owed an unanticipated tax bill this year, consider adjusting your withholding to help protect against having too little tax withheld and facing […]

New Business Owner? Schedule a business records review before year end.

QuickBooks, Wave, FreshBooks, and others are great programs, but you have to know how to use them to take advantage of them. Many new business owners see the advertising, try these products and do the best they can, but end up needing help to clean up the records at the end of the year. If […]