Tag Archives: CPA Heather Cozby
Estimated Taxes Form and Publication Can Help People Pay the Right Amount in 2019
The following article was published by the IRS. The Internal Revenue Service is reminding self-employed individuals, retirees, investors and others who pay their taxes quarterly that the first estimated tax payment for tax year 2019 was due Monday, April 15, … Continue reading
Contribute to an IRA by April 15 to Claim It on 2018 Tax Returns
The following article was published by the IRS. It’s not too late to contribute to an Individual Retirement Arrangement (IRA) and still claim it on a 2018 tax return. Anyone with a traditional IRA may be eligible for a tax … Continue reading
There are Six New Schedules Some Taxpayers will File with the New Form 1040
The following article was published by the IRS. The 2018 Form 1040 replaces prior year Forms 1040, 1040A and 1040EZ. The 2018 Form 1040 uses a building-block approach that allows individuals to file only the schedules they need with their … Continue reading
Safekeeping Tax Records Helps for Future Filing, Amended Returns, Audits
The following article was published by the IRS. The IRS generally recommends keeping copies of tax returns and supporting documents at least three years. Employment tax records should be kept at least four years after the date that the tax … Continue reading
Taxpayers Must Report Health Care Coverage on 2018 Tax Return
The following article was published by the IRS. As taxpayers are completing their 2018 tax returns this year, they must complete the lines related to health care. For tax year 2018, the IRS will not consider a return complete and … Continue reading
IRS Confirms Tax Filing Season to Begin January 28
The following article was published by the IRS. Despite the government shutdown, the Internal Revenue Service has confirmed that it will process tax returns beginning January 28, 2019 and provide refunds to taxpayers as scheduled. “We are committed to ensuring … Continue reading
