by Folasade Ayegbusi | Jan 15, 2022 | Tax
Here are Answers to your Question About What Information You Need To File a Tax Return The Internal Revenue Service (IRS) said that the 2022 tax season begins on January 24, 2022. Taxpayers can start filing their 2021 returns on this day, and the IRS will also begin...
by Folasade Ayegbusi | Jan 5, 2022 | Tax
Why Do You Need a Tax Preparation Checklist? Many taxpayers do not know everything they must include on their tax returns. For this reason, many file returns with missing information. The IRS may reject returns with missing information. If it happens to you, you may...
by Folasade Ayegbusi | Dec 16, 2021 | Tax
Tax Changes that can affect your 2021 return – Part 2 This week, I will give you the final installment of tax changes that will likely affect your 2021 federal tax return. As we close the year, this means that the new tax season begins in a few weeks. And, while...
by Folasade Ayegbusi | Nov 18, 2021 | Tax
Here are 4 Ways to Find Out If Your Tax Preparer Is a Fraud The 2021 tax filing season is about to roll out. Millions of Americans prefer to hire a tax professional to prepare their taxes. Hiring a tax professional to tackle your tax filing is the best thing to do as...
by Folasade Ayegbusi | Nov 11, 2021 | Accounting, Tax
What is taxable income? Taxable income is the portion of your income that is subject to taxes. This, of course, will be after factoring in deductions and exemptions. Many people do talk about taxable income or paying taxes in general. But tax planners who save a lot...