Above is a video of a Paralympian winning a gold medal in Backstroke. He has no arms. The words escape me as to how inspiring and amazing he is.
Unemployment Taxability Update
More information on Unemployment taxation federally if you filed before the rules were changed. If you filed previously and have unemployment that shouldn’t have been taxed please read this article about how the IRS will be handling this issue. Looks like it may take at least till the end of summer to get completed, I would expect Fall as a more realistic estimate with everything going on.#taxes #unemployment #knowyournumbers
Filing Deadline Extended
The writing was on the wall for this for some time now. A bit more time will help those with Unemployment income sort that bit out, and give the IRS time to finish up the forms and procedures around this taxation change. There will be a flurry of activity around filing original and amended returns with the recent changes so get with your tax preparer now. #taxes #knowyournumbers #Bookkeeping
Credit Card Check
Are you checking your CC statements? If you aren’t you need to start today. I found 3 separate accounts for a client the other day, they were all the same thing and 2 of them had not been used for over 3 years. Check at least one account every month to help you avoid a mess like this one.#creditcard #knowyournumbers #bookkeeping
How to Check your Credit Card Statement Online? (noobpreneur.com)
Where is my return from last year?
Sometimes we need a copy of a prior year taxes, and if we didn’t save it how do we get it. The IRS can send you a copy of your transcript, below is the link to how to get it. It will tell you what the IRS has received from you. With the chaos the last few years this key resource can get you the information you need in a pinch.