Unemployment compensation is taxable, have tax withheld now and avoid a tax time surprise!!
With millions of Americans now receiving taxable unemployment compensation, many of them for the first time, the IRS reminds people receiving unemployment compensation that they can have tax withheld from their benefits now to help avoid owing taxes on this income when they file their federal income tax return next year.
IRS.GOV
IRS: Unemployment compensation is taxable; have tax withheld now and avoid a tax-time surprise | Internal Revenue Service
PPP deadline has been extended!
FOXBUSINESS.COM
Trump extends PPP deadline with $130B left in small business fund
Gia Jones
February 26 at 1:01 AM ·
My Business Partner is smarter than yours 😊.......Congratulations to Kelly Stewart in passing the Individual Tax part of becoming an Enrolled agent (or EA) which is a tax advisor who is a federally authorized tax practitioner empowered by the U.S. Department of the Treasury. Enrolled agents represent taxpayers before the Internal Revenue Service (IRS) for tax issues including audits, collections and appeals.....This was a 3.5 hour intense test and she Aced it.....and it was during tax season, she is a bad woman. To God be the glory.
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Supreme Accounting & Tax Services
