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Mar 14, 2024New IRS rules for Venmo Tax for the 2023 tax filing in 2024
You rely on Venmo to handle transactions. Are your earnings from such ventures receiving increased scrutiny from the IRS Venmo tax this year? No. At present, there have been no changes on Venmo taxes.
adminMar 14, 2024Last Day for Business Tax Filing for 2023 Taxes in 2024
With the 2024 business tax deadline approaching fast, businesses registered as an S Corporation, Partnership, or LLC taxed as such need to file their tax returns by this Friday, Mar. 15. To avoid harsh penalties, make sure to submit your documents on time or explore the option of an extension to ensure compliance.
adminMar 7, 2024Standard Deduction for 2023 Tax Year
Filing their tax returns in 2024 can benefit from a standard tax deduction in fiscal year 2023, single tax filers are entitled to a standard tax deduction of $13,850, while joint filers can claim
adminMar 7, 2024Clean Vehicle EV Tax Credit for 2023 Tax Return
EV tax credit provides a dollar-for-dollar reduction of the taxes you owe
adminFeb 29, 2024Standard vs Itemized Tax Deduction
If you have ever carefully listed out your itemized tax deductions before, especially if you own a home, consider a different approach now.
adminFeb 29, 2024Itemized vs. Standard Tax Deduction calculator
Explore our tool that contrasts the Standard Tax Deduction and Itemized Tax Deductions. In just a short amount of time
adminFeb 22, 2024Tax Deadline for Businesses You Need To Know
When it comes to tax deadline for business partnerships (such as multi-member LLCs) and S-Corps, the usual timeframe is by March 15
adminFeb 22, 2024Updates on Student Debt Forgiveness: February 2024
The Biden Administration is Forgiving $1.2 billion in Student Debt Forgiveness for 153,000 Borrowers.
adminFeb 15, 2024Can You File a Tax Refund on a Weekend?
On weekends, taxpayers can anticipate the processing of their tax refunds by PriorTax and our dedicated tax professional, although they should still expect the weekend tax refunds to be processed within the typical operational timeline.
adminFeb 15, 2024Accurate Tax Filing for Maximum Tax Refund
Accurate Tax Filing for Maximum Tax Refund for Past Tax affecting the Current Tax Year
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