#FridayFunnies
If you normally need to take Required Minimum Distributions from your retirement account, you can skip it this year if you want to – or take out less, if you don’t need the money. Talk to your tax professional to find out more. #TaxTipTuesday
#FridayFunnies
Ever wonder what the IRS already knows about you? You can find out online: https://www.irs.gov/individuals/get-transcript #TaxTipTuesday
Did you receive unemployment benefits due to Covid 19? If you didn’t withhold taxes, you may have a tax bill next April. #TaxTipTuesday
Remember that stimulus payment you received? Remember the letter you got? You were supposed to keep that letter! (I didn’t keep mine either.) Write down what you got for your stimulus payment and put someplace where you can find it for your 2020 tax return. #TaxTipTuesday
You can claim up to a $300 deduction per return for charitable contributions even if you don’t itemize on your 2020 tax return. #TaxTipTuesday
#FridayFunnies
Your stimulus payment isn’t taxable on your 2020 tax return, but you will need to report how much you received. The IRS needs to know in case you’re due for a larger payment. #TaxTipTuesday
Remember that stimulus payment you received? Remember the letter you got? You were supposed to keep that letter! (I didn’t keep mine either.) Write down what you got for your stimulus payment and put someplace where you can find it for your 2020 tax return. #TaxTipTuesday
#FridayFunnies #Taxes
"Platypuses Glow Under Blacklight. We Have No Idea Why. " #WeirdWednesday #WeirdFact
https://www.nytimes.com/2020/11/13/science/platypus-glow-ultraviolet.html?referringSource=articleShare
Even though your stimulus payment isn’t taxable, you’ll still need to report that you received it on your tax return. Some people may actually qualify for more stimulus when they file their taxes. #TaxTipTuesday
There are just two rules for creating a successful accountancy business: 1) Don’t tell them everything you know. 2) [Redacted]
#FridayFunnies
Thank you, with respect, honor, and gratitude, to all our military personnel for the sacrifices you have made for our freedom! #VeteransDay
In 1966, Fredric Baur developed the ingenious idea for Procter & Gamble to uniformly stack chips inside a can instead of tossing them in a bag. Baur was so proud of his invention that he wanted to take it to the grave—literally.
Check on the IRS online tax calendar. https://www.tax.gov/calendar/
Blood donors in Sweden receive a text when their blood is used. #WeirdWednesday #donateblood
#TaxTips
For your 2020 tax return, if your 2019 earned income was higher than your 2020 earned income - you can use your 2019 earned income to figure your Child Tax Credit (CTC) if it gives you a better result. #TaxTips
Join us in attending:
"How To Make The Most Of America Saves Week" webinar, Thursday, January 21, at 2 pm ET.
Sign up now to #save! #ASW2021
https://us02web.zoom.us/webinar/register/WN_1ZHoOM5_Sb6taWkQiLFrBg