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What Are Income Taxes For?
https://www.ramseysolutions.com/taxes/what-are-income-taxes Taxes . . . can’t live with ’em, can’t live (in America) without ’em. Whether...
Lorena Anoceto
Jan 5, 20237 min read
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Should you Itemize your taxes?
“Should I itemize or take the standard deduction” is a question just about every taxpayer asks. Your tax professional can help you decide...
Lorena Anoceto
Mar 1, 20223 min read
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March 1 IRS will release refunds claiming EIC and/or ACTC
https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/when-to-expect-your-refund-if-you-claimed-the-earned-income-t...
Lorena Anoceto
Feb 21, 20221 min read
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IRS Issues Advance CTC and Economic Impact Payment Letters
IRS Issues Advance CTC and Economic Impact Payment Letters Posted on: 22 Dec, 2021 04:40 PM IRS issues information letters to Advance...
Lorena Anoceto
Jan 24, 20223 min read
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No Break for unemployment income received in 2021
Tax season is fast approaching — and recipients of unemployment benefits in 2021 don’t appear to be getting a tax break like they did for...
Lorena Anoceto
Jan 20, 20221 min read
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News and Articles
Click here to access up to date Tax News and Articles on www.1040.com.
Lorena Anoceto
Apr 26, 20211 min read
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Start of 2020 Tax filing season
The IRS announced that tax season will start on Friday, Feb. 12, 2021, when the tax agency will begin accepting and processing 2020 tax...
Lorena Anoceto
Feb 5, 20211 min read
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2020 & 2021 Tax changes to charitable contribution deduction
In response to a decrease in charitable contributions Congress told the IRS to replace the old rules with new ones that are available...
Lorena Anoceto
Feb 5, 20211 min read
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Pandemic Unemployment Assistance, Self-Employed
https://labor.ny.gov/ui/pdfs/pandemic-unemployment-assistance.pdf
Lorena Anoceto
Mar 31, 20201 min read
12 views
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Treasury Secretary says Americans can expect stimulus checks to be direct deposited within 3 weeks
https://www.cnn.com/2020/03/29/politics/treasury-secretary-steve-mnuchin-stimulus-checks/index.html Web-based application for those who...
Lorena Anoceto
Mar 30, 20201 min read
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CARES Act & NYS Unemployment. Self-Employed UI Benefits
https://labor.ny.gov/ui/cares-act.shtm
Lorena Anoceto
Mar 30, 20201 min read
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NYS Unemployment FAQs
https://labor.ny.gov/ui/coronavirus-faq.shtm
Lorena Anoceto
Mar 30, 20201 min read
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3/28/2020 Stimulus package update at least $1200 per person. Unemployment for self-employed
https://www.nytimes.com/article/coronavirus-stimulus-package-questions-answers.html
Lorena Anoceto
Mar 28, 20201 min read
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COVID 19 Stimulus Package Proposal likely to pass
https://www.nytimes.com/2020/03/25/us/politics/whats-in-coronavirus-stimulus-bill.html https://www.cnn.com/2020/03/25/politics/stimulus-s...
Lorena Anoceto
Mar 25, 20201 min read
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Lorena Anoceto
Mar 25, 20200 min read
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Updated 11:45am March 20, 2020 What's already passed, What is still on the table.
What's already passed March 4 -- Vaccine research, aid to state governments. House approves an $8.3 billion bill to drastically ramp up...
Lorena Anoceto
Mar 20, 20205 min read
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IRS Coronavirus: Resources, Updates and What You Should Know
https://home.treasury.gov/coronavirus
Lorena Anoceto
Mar 20, 20201 min read
12 views
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2019 Tax Season Filing Deadline is now 7/15/2020.
Treasury Secretary Steven Mnuchin has announced that the tax filing deadline will now also be moved from April 15 to July 15. All...
Lorena Anoceto
Mar 20, 20201 min read
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Updated 2018 Withholding Tables Now Available
Taxpayers Could See Paycheck Changes by February (IRS) - The Internal Revenue Service released Notice 1036, which updates the income-tax...
https://www.irs.gov/newsroom/updated-2018-withhold
Jan 12, 20181 min read
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2018 Tax Filing Season Begins Jan. 29, Tax Returns Due April 17
The Internal Revenue Service announced today that the nation’s tax season will begin Monday, Jan. 29, 2018 and reminded taxpayers...
Lorena Anoceto
Jan 12, 20181 min read
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