Taxpayer Advocate Service
8 hrs ·
Use the new business tax relief tool to see if you qualify for certain tax relief to help keep your business “in business.” taxpayeradvocate.irs.gov/BizTaxReliefTool
For those who love learning: here's a tax fact from Dixson & Associates LLC..
Taxpayer Advocate Service
12 hrs ·
Get details on the CARESAct Employee Retention Credit and Coronavirus Tax Relief for Businesses and Tax-Exempt Entities: www.taxpayeradvocate.irs.gov/coronavirus.
Taxpayer Advocate Service
Yesterday at 7:01 AM ·
The Taxpayer Advocate Service helps individuals, businesses, and exempt organizations. Learn more about eligibility: go.usa.gov/x5fxE.
The federal credit for the purchase and installation costs of a residential solar-power system is fading away and will no longer be available after 2021; plus, the credit itself is being reduced.
DIXSONASSOCIATES.COM
Solar Tax Credit is Sunsetting Soon
South Central Regional Veterans Group
October 8 at 3:42 PM ·
Just a reminder that our Everyday Heroes at the Park event is one month away, 7 November. Come on out and celebrate our Military, Firefighters, Police, EMS and Health Care Professionals. See the flyer for whats going on. We also will be placing our Flags of Honor that day so if you have a Veteran you would like to honor, order one of our flags for them.
CONSUMERS.SECONDSTREETAPP.COM
Check out Dixson & Associates LLC.
Dixson & Associates LLC. has a fun tax fact to share with you.
Gambling income can affect your taxes in more ways than you might believe, including causing your Social Security income to be taxed, reducing your health care subsidies through government marketplaces, paying higher Medicare B & D premiums, having additional filing requirements, and limiting or reducing a number of tax deductions and credits.
DIXSONASSOCIATES.COM
Gambling and Tax Gotchas
Once again we are asking for your support for our Veterans Park. We are Raffling off this beautiful Henry Goldenboy. You do not have to be present to win. You can purchase tickets from one of the board members or you can purchase online @ www.rollascrvg.org.
Tickets are 1 for $1 or 6 for $5 every purchase is appreciate as we are working towards raising enough money to put up the last pavilion in the park.
South Central Regional Veterans Group
June 16 at 10:01 AM ·
The South Central Regional Veterans Group is conducting a raffle of a Henry Golden Boy .22 rifle. Proceeds go towards construction of a large pavilion at the park. Tickets are available securely online through PayPal and we also have paper tickets. Contact us through here or a member you know or call the number on the flyer. 1 for $1 and 6 for $5
Do you struggle when your accountant hands you your financial statement and it looks like just a bunch of numbers on a page?
Do you really want to understand them but either you don’t want to ask or are you giving them the deer in the headlight look 😳😳😳 because you just don’t understand the terms that they use??
I have just the online course for one time fee to learn at your own pace!
Check out my site download my book;
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Dixson University
Here is a fun fact for your Friday from Dixson & Associates LLC..
Our you struggling to build your business not sure where to start and want to learn how look no more. I have a 52 week business coaching program that can help you creat your marketing strategies, creat your brand and generate additional revenue quickly.
Signup and down load my book for free and take a look at my program. #smallbusiness #business #coaching #businesscoaching #success
https://dixsonuniversity.com
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Dixson University
Health insurance premiums, including Medicare parts B, C, and D; hospitalization; long-term care; and dental costs are all tax deductible, and are subject to AGI limitations if you itemize your deductions. If you are self-employed, including some partners, or a more-than-2% S corporation shareholder, you may be able to deduct the premiums without itemizing and without AGI limitations.
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There is More to Deducting Health Insurance than Meets the Eye
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Check out Dixson & Associates LLC.
Tap into your full potential. Wednesday Wisdom from Dixson & Associates LLC.
First, there was the usual April 15th deadline. Then, there was July 15th. If you filed for an extension, your deadline was October 15th - and now that date has come and gone. What happens now if you missed it?
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What Happens if I Missed the October 15th Tax Extension Deadline?
Dixson & Associates LLC. has a fun tax fact to share with you.
Operating a SMB is hard work - and it's vital to know the financial health of your business at any time. Whether you're assembling your financial reports yourself or have hired professional help (like us), here are 12 metrics that can help you monitor your success.
DIXSONASSOCIATES.COM
12 Financial Metrics Small Business Owners Should Track
To say COVID-19 has made 2020 a disastrous year for just about everyone would be an understatement. However, 2020 has given rise to more than the usual tax-planning opportunities. Thus, you may find it appropriate to schedule a tax-planning appointment well before the close of the year to take advantage of the tax benefits and strategies available for 2020.
DIXSONASSOCIATES.COM
Don't Miss Out on Year-End Tax-Planning Opportunities
Tap into your full potential. Wednesday Wisdom from Dixson & Associates LLC.
Thank you to one of my clients, Gary, for a great review! You can view this review at: https://www.taxbuzz.com/find-the-best-enrolled-agent/missouri/rolla/felecia-g-dixson-ea-ata/reviews
Thank you Gary for the review! We are proud that you are completely satisfied with us and that our five-star record is still going strong! You can view this review at: https://www.taxbuzz.com/find-the-best-enrolled-agent/missouri/rolla/felecia-g-dixson-ea-ata/reviews #Rolla
Proud to receive great reviews from happy clients such as Lister! Thank you for placing your trust in us. You can view this review at: https://www.taxbuzz.com/find-the-best-enrolled-agent/missouri/rolla/felecia-g-dixson-ea-ata/reviews
Proud to receive great reviews from happy clients such as Lister! Thank you for placing your trust in us. You can view this review at: https://www.taxbuzz.com/find-the-best-enrolled-agent/missouri/rolla/felecia-g-dixson-ea-ata/reviews
A frequent question is whether inherited assets are taxable. Generally, they are not until they are sold, and then only to the extent that the sales price exceeds the fair market value of the asset at the time of the decedent's death. There are exceptions to this rule, such as traditional IRAs and other deferred untaxed income of the decedent.
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Is That Inheritance Taxable?
A little inspiration from Dixson & Associates LLC.. Wednesday Wisdom
To cope with inflation, the tax code requires the IRS to adjust the tax rates, standard deductions, and a variety of other tax related numbers each year, which they recently released for 2021.
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IRS Releases Inflation Adjustments for 2021
Set yourself up for success with Monday Motivation from Dixson & Associates LLC.
Dixson & Associates LLC. has a fun tax fact to share with you.
Your Friday tax fact from Rolla based Dixson & Associates LLC..
The SBA U.S. Small Business Administration (SBA) has initiated a compliance program to evaluate the good-faith certification that borrowers made on their PPP Borrower Applications related to need for the loans due to economic uncertainty as a result of COVID-19. This program will apply to borrowers whose loans are $2 million or more.
DIXSONASSOCIATES.COM
SBA Questioning PPP Borrowers with Loans Over $2 Million
Wednesday Wisdom and Dixson & Associates LLC. = Success
Dixson Associates would like to take a moment to thank all Veterans near and far, past and current we appreciate your service and wish you a wonderful day!
The IRS has warned taxpayers of a clever scheme by internet scammers to dupe taxpayers into revealing their bank account information under the guise of receiving the $1,200 Economic Impact Payment.
DIXSONASSOCIATES.COM
Beware of New Text Scam Related to Stimulus Payments
Here's some motivation for your Monday from Dixson & Associates LLC.
Did you receive an IRS CP2000 notice (also known as an underreporter inquiry) in the mail? First step: Contact our office. Second step: Don't panic. We'll help you through the whole process.
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What Happens if I Receive an IRS CP2000 Notice?
For those who love learning: here's a tax fact from Dixson & Associates LLC..
Ladies and gentleman as you know The Veterans Ranch works with veterans through horses, offers grief counseling, and financial assistance and raises funds for children who have lost loved ones in the line of duty.
We had a veteran come to us needing some assistance with some legal bills. He is a great American and wants to believe that there are still good people out there that can help. Lets show that American pride still exists for our veterans. We are helping as much as we can.. 100% of the funds raised will go to this individual. We do not charge veterans for our services. Please click on the gofundme link below and give what you can.
https://charity.gofundme.com/o/en/campaign/help-a-veteran-in-need
CHARITY.GOFUNDME.COM
HELP A VETERAN IN NEED!!!!
It is a common practice this time of year for employers to give their employees gifts. Where a gift is infrequently offered and has a low fair market value, it would be treated as a de minimis fringe benefit. As such, it would be tax-free to the employee, and its cost is tax deductible by the employer.
DIXSONASSOCIATES.COM
Employee Holiday Gifts May Be Taxable
Here is some midweek Wednesday Wisdom inspiration from your friends at Dixson & Associates LLC.
If you plan to start a new business, there are a number of decisions and possible elections you can make that will influence what form of business you select and how you decide to deduct costs. These choices can affect the tax outcome of your business for years to come.
DIXSONASSOCIATES.COM
New Business? Tax Issues to Consider
From our homes to your Dixson Associates wants to wish you and your family Happy Thanksgiving we are greatful for all of our clients and friends.
Some Wednesday Wisdom from your friends at Rolla based Dixson & Associates LLC.
Some folks have been tapping or suspending their retirement savings to make ends meet during this COVID-19 pandemic, and although understandable, it is important to resume savings as quickly as financially possible. Still others have simply been ignoring the need to save for their retirement, which can have an unpleasant result when it comes time to retire. Many tax-benefitting retirement options are available.
DIXSONASSOCIATES.COM
Don't Fall Behind in Saving for Retirement
Small business owners: as we inch closer to the end of the year, it's a great time to be thinking about tax planning strategies for your business. Here are some ideas that can be beneficial at any time of year.
DIXSONASSOCIATES.COM
Preparing for 2021: Tax Planning Strategies for Small Business Owners
Start your week on the right foot with Monday Motivation from Dixson & Associates LLC.
We all have our favorite game shows such as Wheel of Fortune, The Price is Right, and Let's Make A Deal, and we love to have the contestants win big. Unfortunately, those winnings are taxable on the contestant's state and federal tax returns. See what can happen by watching this video.
Transform your life. Wednesday Wisdom from Dixson & Associates LLC.
The holiday season is customarily a time to give gifts, whether to your favorite charity, family members or others. Some gifts even provide a variety of tax benefits but be on the lookout for holiday gift-giving scammers.
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Year-End Gift Giving with Tax Benefits
Get ready for the week: Dixson & Associates LLC. has motivation for your Monday.
The U.S. Small Business Administration (SBA) has initiated a compliance program to evaluate PPP borrowers whose loans are $2 million or more. Watch this video for more info on how your business can be better prepared.
Dixson & Associates LLC. has a fun tax fact to share with you.
Midweek Wednesday Wisdom from Dixson & Associates LLC.
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Found this on Pinterest
It seems hard to believe, but the holiday season is almost upon us, and that means that the tax preparation season for 2020 returns will soon follow. With the end of the tax year just weeks away, it may be appropriate (especially this year, in light of the financial havoc created by COVID-19) to review some year-end tax issues that might reduce your tax bite for 2020 or provide long-term tax benefits.
DIXSONASSOCIATES.COM
Tax Issues to Be Aware of as Year-end Approaches
Many people are neglecting their retirement savings or simply planning for their Social Security income to take care of their needs. To encourage better preparation for retirement, tax laws offer a variety of tax incentives for retirement savings plans. Watch this video for an overview of the options.
Dixson & Associates LLC. - Some Monday Motivation for our friends and colleagues.
If you use workers other than employees to perform services for your business and pay them $600 or more for the year, you are required to issue each of them a Form 1099-NEC after the end of the year to avoid facing the loss of the deduction for their labor and expenses.
DIXSONASSOCIATES.COM
Your Annual Reminder to File Worker 1099s
The economic impact payments are a credit on your 2020 tax return. However, Congress mandated that the payments be made in advance, based on the prior year's tax return information, to provide financial assistance to individuals and families struggling during the initial outbreak of COVID-19. Needless to say, this created confusion as to who qualified for the payments, leading to errors and omissions.
DIXSONASSOCIATES.COM
Didn't Get Your Economic Impact Payment? You Can Claim It on Your 2020 Return.
TREASURY.GOV
U.S. Treasury Inspector General for Tax Administration (TIGTA)
Sheryl R Gorman EA shared a link to the group: MOSEA Missouri Society of Enrolled Agents.
Yesterday at 5:27 PM ·
Sheryl R Gorman EA shared a link to the group: MOSEA Missouri Society of Enrolled Agents.
Yesterday at 5:27 PM ·
Get ready for the week: Dixson & Associates LLC. has motivation for your Monday.
Messages For The Soul is with ตั้ม วุฒิพงศ์ เกตุนิ่ม and 7 others.
December 13 at 6:15 PM ·
#evening #eveningvibes
If you sold your home this year or might do so in the near future, you should be aware of the many tax-related issues that could apply to that sale so that you will be prepared at tax time and not have to deal with unpleasant surprises.
DIXSONASSOCIATES.COM
Sold or Thinking of Selling Your Home?
Set yourself up for success with Monday Motivation from Dixson & Associates LLC.
The Best Present
The best present in the world
Can’t be bought in the mall.
The best present in the world
Isn’t a bike or a ball.
The best present in the world
Can’t be caught like some bugs.
The best present in the world
Is simply one of your hugs.
-Scott Mandel
This is our annual reminder for you to file worker 1099s if you use workers other than employees to perform services for your business. Furthermore, there are some significant changes that you should know about this year.
Employee or independent contractor? This distinction decides whether your business issues a W-2 or 1099-NEC form to a specific wage earner. Here's everything you need to know about these forms and your annual wage reports.
DIXSONASSOCIATES.COM
W-2 or 1099-NEC: Which Form Should Your SMB Use for Which Workers?
Here's your tax fact of the week from your friends at Dixson & Associates LLC..
Unless a taxpayer qualifies for an exception, distributions from a traditional IRA are both taxable and subject to a 10% early withdrawal penalty. After reaching age 72, a taxpayer must begin taking minimum required distributions or they are subject to a 50% under-distribution penalty.
DIXSONASSOCIATES.COM
IRA Withdrawal Planning Can Save on Taxes
Here is some midweek Wednesday Wisdom inspiration from your friends at Dixson & Associates LLC.
After months of political bickering, Congress is finally passing a new COVID relief bill. Watch this video for a summary of what you can expect from this relief package.
For low- and moderate-income workers, the saver's credit can be used to offset part of the first $2,000 workers can voluntarily contribute to an IRA or their employer's qualified retirement plan. It helps individuals who don't normally have the resources to set money aside for retirement and is available in addition to the other tax benefits associated with retirement plan contributions.
DIXSONASSOCIATES.COM
Saver's Credit Can Help You Save for Retirement
This is our annual reminder for you to file worker 1099s if you use workers other than employees to perform services for your business.
DIXSONASSOCIATES.COM
Video: Annual Reminder to File Your Worker 1099s
Proud to receive a great review from my client. Thank you, Jan! You can view this review at: https://www.countingworks.com/professionals/missouri/rolla/felecia-g-dixson-ea-ata/reviews
Thank you to one of my clients, Lister, for a great review! You can view this review at: https://www.countingworks.com/professionals/missouri/rolla/felecia-g-dixson-ea-ata/reviews
Womenworking.com
18 hrs ·
Princess Sassy Pants & Co.
21 hrs ·
Frederick DacpanoPositive Quotes
December 30, 2020 at 9:30 PM ·
👉👉 JOlN our group Positive Quotes and Let's spread the Positivity to the world!
#lifechallenge
Princess Sassy Pants & Co.
December 30, 2020 at 9:42 AM ·
I'm one who generally looks at challenges as opportunities and this past year provided many opportunities to learn and to grow.
I am very grateful for many things from 2020 but most of all, it gave me some space and time to remember what is truly valuable and what I really want.
What did you learn from 2020? What are the things you are most grateful for from this past year? (Apart from the fact that it's coming to an end. Wink.)
It matters how you get there. Wednesday Wisdom from Dixson & Associates LLC.
Many individuals are taking advantage of the historically low home-loan interest rates to buy their first home, sell their existing home to move up to a more expensive one, or refinance their existing mortgage. Some who currently own their homes free and clear are even taking out loans to lock in the low interest rates.
DIXSONASSOCIATES.COM
What Are the Tax Advantages of Home Ownership?
Great news for 2021 and 2022 only. The Taxpayer Certainty and Disaster Tax Relief Act of 2020 allows businesses to deduct 100%, instead of just 50%, of business meal expenses meeting certain requirements.
DIXSONASSOCIATES.COM
Increased Business Meal Deductions for 2021 and 2022
Are you planning to buy your first home, upgrade from your existing one, or refinance your mortgage? Let's take a look at some tax advantages and drawbacks of homeownership.
So thankful to all my clients we love each and everyone of you thank you again!
COUNTINGWORKS.COM
Introducing the CountingWorks Top 100 Cloud Accounting Professionals of 2020 (US)
So thankful to all my clients we love each and everyone of you thank you again!
TAXBUZZ.COM
Announcing the TaxBuzz Top 100 Tax Professionals of 2020 (US)
Midweek Wednesday Wisdom from Dixson & Associates LLC.
So Honored Thank you to all my Clients that made this possible.
EINPRESSWIRE.COM
CountingWorks PRO Announces the 2020 TaxBuzz Top 100 Tax Professionals & CountingWorks Top 100 Cloud Accounting Experts
It matters how you get there. Wednesday Wisdom from Dixson & Associates LLC.
The recent COVID-related tax relief legislation, passed late in December, extends and enhances deductions for cash charitable contributions.
DIXSONASSOCIATES.COM
Charitable Contributions Deduction Liberalized for 2021
Dixson & Associates LLC. has the motivation you need to get going this Monday.
COVID-19 has touched nearly every aspect of the lives of every American, including our financial health. There will be some tax implications that many people have not considered. Watch the following video for some possible tax consequences so you can be prepared when tax time comes.
Let's get the weekend started. Friday from Dixson & Associates LLC.
Great news for 2021 and 2022 only. The Taxpayer Certainty and Disaster Tax Relief Act of 2020 allows businesses to deduct 100%, instead of just 50%, of business meal expenses meeting certain requirements.
DIXSONASSOCIATES.COM
Increased Business Meal Deductions for 2021 and 2022
Tax season is here are you looking for a new Preparer or maybe you have Prior Year returns to complete or maybe the Tax Man knocking at your door well we are here to help!
DIXSONASSOCIATES.COM
Tax Help Made Easy!!!!
President-Elect Biden released his "American Rescue Plan" on January 14. It is a wish list of proposals he wants Congress to enact to address the COVID-19 pandemic and associated economic crisis.
DIXSONASSOCIATES.COM
How Biden's Rescue Plan Might Impact Your Taxes
We are here for you, no matter which state
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Tax Help Made Easy!!!!
Dixson and Associates LLC
9 hrs ·
Tax season is here are you looking for a new Preparer or maybe you have Prior Year returns to complete or maybe the Tax Man knocking at your door well we are here to help!
CONTENT.GOVDELIVERY.COM
Tax Tip 2021-03: Taxpayers can visit IRS.gov from the safety of their home for answers to tax questions
Dixson & Associates LLC. - Some Monday Motivation for our friends and colleagues.
Tax season is here are you looking for a new Preparer or maybe you have Prior Year returns to complete or maybe the Tax Man knocking at your door well we are here to help!
DIXSONASSOCIATES.COM
Tax Help Made Easy!!!!
December's COVID Tax Relief Act provided more than extended unemployment relief and stimulus payments. See a summary of the benefits and if any of them applies to you.
Peace , Love and Smiles
23 hrs ·
Learn about taxes from your friends at Rolla based Dixson & Associates LLC..
IRS opens up the use of ID verification tax filing numbers to taxpayers nationwide as a means of protection against filing fraud. These numbers must be applied for and identities verified before issuance.
DIXSONASSOCIATES.COM
IRS Offers New Identity Protection for Taxpayers
Wednesday Wisdom and Dixson & Associates LLC. = Success
Tax season is here are you looking for a new Preparer or maybe you have Prior Year returns to complete or maybe the Tax Man knocking at your door well we are here to help!
DIXSONASSOCIATES.COM
Tax Help Made Easy!!!!
Here are the business tax due dates for February 2021.
DIXSONASSOCIATES.COM
February 2021 Business Due Dates
Relationship Rules
January 20 at 6:48 AM ·
Here are the February 2021 individual tax due dates:
DIXSONASSOCIATES.COM
February 2021 Individual Due Dates
We are very honored that our clients trust us with their business - Thank you
Felecia G Dixson, EA, ATA
ALIGNABLE.COM
Dixson & Associates LLC is Highly Recommended by locals!
Learn about taxes from your friends at Rolla based Dixson & Associates LLC..
Tax season is here are you looking for a new Preparer or maybe you have Prior Year returns to complete or maybe the Tax Man knocking at your door well we are here to help!
DIXSONASSOCIATES.COM
Tax Help Made Easy!!!!
Here is a fun fact for your Friday from Dixson & Associates LLC..
Messages For The Soul
Yesterday at 4:02 AM ·
#goodmorning #friday
Although day trading is neither illegal nor unethical, it can be highly risky. Most individual investors do not have the wealth, time, or temperament to make money or sustain the losses that day trading can bring. Satisfying the rules that permit special tax treatment for day traders is difficult.
DIXSONASSOCIATES.COM
Day Trader Rules and Tax Treatment
Memorial Day is on May 31st this year and the South Central Regional Veterans Group would like to honor as many of our fallen military as possible. Help us to fill the Veterans Memorial Park with flags to show our respect for those that have passed. The park committee has a new website at www.rollascrvg.org and flags can be purchased through the website or you can mail the information for the honoree to SCRVG, P.O. Box 1691, Rolla, MO 65402. Honor a family member, fellow military member, or any one else you would like to honor
Wednesday Wisdom and Dixson & Associates LLC. = Success
Are you looking for a new preparer? Do you have prior year returns that need caught up? Is the IRS or State sending you letters requesting information or money?
Well we can help!
The Employee Retention Credit has been extended through June 30, 2021, and significantly liberalized.
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Employee Retention Credit Extended
check out our new additional web site
www.easyirstax.com
EASYIRSTAX.COM
Easy Tax Debt Resolution
Some Wednesday Wisdom from your friends at Rolla based Dixson & Associates LLC.
The Consolidated Appropriations Act, 2021, which was passed late last December, included a very tax-beneficial provision that liberalized the interaction between PPP loans and the Employee Retention Credit.
DIXSONASSOCIATES.COM
Interaction between PPP Loans and the Employee Retention Credit
Set yourself up for success with Monday Motivation from Dixson & Associates LLC.
Please be safe if you have to leave your warm house today
Here are the March 2021 individual tax due dates:
DIXSONASSOCIATES.COM
March 2021 Individual Due Dates
The COVID-19 pandemic has continued to batter the economy, and one indicator of the struggle is the potential mortgage crisis: About 5 million Americans were unable to make their rent or mortgage payments in December 2020. Here's the latest info.
DIXSONASSOCIATES.COM
The Number of Americans Who Didn't Pay Their Mortgage Hit 5% in December 2020
Wednesday Wisdom from your friends at Dixson & Associates LLC.
The federal credit for the purchase and installation costs of a residential solar-power system has been extended for two years through 2023.
DIXSONASSOCIATES.COM
Solar Tax Credit Extended for Two Years
Get ready for the week: Dixson & Associates LLC. has motivation for your Monday.
Dixson and Associates LLC
February 10 at 5:10 PM ·
Are you looking for a new preparer? Do you have prior year returns that need caught up? Is the IRS or State sending you letters requesting information or money?
Well we can help!
Money raised from online crowdfunding sites for purposes other than business is generally treated as a nontaxable gift if the contribution is made with detached generosity, but this can raise some unexpected gift tax issues. Raising money for business endeavors is generally governed by the U.S. Securities and Exchange Commission Rules, and the tax issues depend on what the contributor receives in return.
DIXSONASSOCIATES.COM
Tax Consequences of Crowdfunding
Start your week on the right foot with Monday Motivation from Dixson & Associates LLC.
Congress put a halt on the RMD for the traditional IRA in 2020 in response to the Pandemic. However, the RMD will be resumed in 2021 and subsequent years.
Before deciding to get involved in a joint venture, business owners need to carefully assess how they plan to proceed. Here's a breakdown of what a joint venture really is.
DIXSONASSOCIATES.COM
What Is a Joint Venture?
According to the Department of Labor, $36-$63 billion in improper unemployment payments have been made during the pandemic. If you receive a 1099-G for benefits you didn't receive, you may be a victim of fraud. Here's what to do.
DIXSONASSOCIATES.COM
Unemployment Fraudsters May Create a Tax Nightmare for Unsuspecting Taxpayers
Congress came up with a special way to calculate the EITC and the child tax credit for 2020 that may be very beneficial for taxpayers whose income from working declined in 2020.
DIXSONASSOCIATES.COM
Special Rules Apply to 2020 EITC and Child Credit
Dixson & Associates LLC. - Some Friday tax knowledge for our friends and colleagues.
Mom and pop businesses with fewer than 20 employees are given a 2-week exclusive application period for PPP Loans.
DIXSONASSOCIATES.COM
Mom & Pop Businesses Move to Front of the Line for PPP Loans
It matters how you get there. Wednesday Wisdom from Dixson & Associates LLC.
Dixson and Associates LLC
February 10 at 5:10 PM ·
Are you looking for a new preparer? Do you have prior year returns that need caught up? Is the IRS or State sending you letters requesting information or money?
Well we can help!
Here is a fun fact for your Friday from Dixson & Associates LLC..
Where is your tax home? A recent case heard by the Tax Court called into question how to qualify one's tax home. "The calculation that will count the most will not be based on where you pay rent or a mortgage, but instead how much time you spend in each location and how much income you generate while you're there."
DIXSONASSOCIATES.COM
Tax Court Decision Holds Potential Impact for Travel Deductions
Filing status is determined on the last day of the year and most often is based on marital status. Single and Married Filing Jointly are the most common, but there are others.
DIXSONASSOCIATES.COM
Understanding Tax-Filing Status
Thanks for another great 5-star review! We are glad that our #tax team could help you with what you needed. We are here to help anyone in the local area. Please don't hesitate to reach out. You can view this review at: https://www.taxbuzz.com/find-the-best-enrolled-agent/missouri/rolla/felecia-g-dixson-ea-ata/reviews
Thank you to one of my long-term clients, Jesse, for this great review! You can view this review at: https://www.countingworks.com/professionals/missouri/rolla/felecia-g-dixson-ea-ata/reviews #Rolla
Here is a fun fact for your Friday from Dixson & Associates LLC..
With the passage of the American Rescue Plan Act, Congress has substantially increased the child tax credit for 2021 and directed the IRS to establish an advance payment program for the last 6 months of the year.
DIXSONASSOCIATES.COM
Big Increase in Child Tax Credit For 2021
In many cases, workers are receiving unemployment benefits for the first time, and they may not be aware of how those benefits are taxed for federal purposes, as well as by most states.
DIXSONASSOCIATES.COM
Are Your Unemployment Benefits Taxable?
The American Rescue Plan Act has passed and includes a third much-anticipated economic impact payment. This is one of several government measures intended to help financially stressed citizens.
DIXSONASSOCIATES.COM
It's Official! Another Round of Stimulus Payments Approved by Congress
Wednesday Wisdom from your friends at Dixson & Associates LLC.
CPAPRACTICEADVISOR.COM
IRS Makes it Official: Tax Deadline Delayed to May 17, 2021
The IRS has announced they are extending the filing due date for 2020 individual tax returns from April 15, 2021, to May 17, 2021, but with some limitations.
DIXSONASSOCIATES.COM
IRS Extends Individual Return Filing Date
Great news if you are paying childcare expenses that enable you to work. As part of President Biden's American Rescue Plan Act, the child and dependent care tax credit has been substantially increased for 2021.
DIXSONASSOCIATES.COM
Great News, Child Care Tax Credit Expanded for 2021
It matters how you get there. Wednesday Wisdom from Dixson & Associates LLC.
Tax season is here. What if you end up owing tax to the IRS and can't pay them immediately? This video will discuss a few options to consider when you don't have the funds to pay all of your tax liability.
The recently passed American Rescue Plan Act (ARPA) includes a provision for the federal government to pick up the cost of COBRA health coverage for employees' involuntary termination of their employment or reduction of hours subject to certain qualifications.
DIXSONASSOCIATES.COM
Uncle Sam May Pick Up the Cost of Your COBRA Medical Coverage
CPAPRACTICEADVISOR.COM
IRS Makes it Official: Tax Deadline Delayed to May 17, 2021
Some Wednesday Wisdom from your friends at Rolla based Dixson & Associates LLC.
Once you've made the decision to create an employee stock option plan, there's a lot of important work to be done before giving an agreement to each employee. Here's a full breakdown.
DIXSONASSOCIATES.COM
Tips for Creating an Employee Stock Option Plan
Here are the April 2021 individual tax due dates:
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April 2021 Individual Due Dates
Thieves use taxpayers' natural fear of the IRS and other government entities to ply their scams, including e-mail and phone scams, to steal your money. They also use phishing schemes to trick you into divulging your SSN, date of birth, account numbers, passwords and other personal data. They are clever and are always coming up with new and unique schemes to trick you.
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Don't Be A Victim to IRS-Impersonating Scammers
Professional video gamers can operate extremely lucrative businesses, making money from esports tournaments, endorsement deals, ad revenue, and much more. But they also need to think about what gaming means for their taxes, budgeting, and financial planning. Here's a rundown of all the important considerations.
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5 Tips for Operating a Successful Gaming Business