F. James Buchanan Accounting & Income Tax Youngsville, NC https://validator.w3.org/feed/docs/rss2.html Parents can boost their back-to-school budget by claiming tax credits and refunds $1.5 billion in unclaimed 2018 refunds Payroll Services Income Tax Services Accounting Services Contact About Me and My Business Resources Adjust tax withholding now to pay the proper amount of tax IRS launches resource page on IRS.gov with latest details and information for taxpayers during filing season New school year reminder to educators; maximum educator expense deduction rises to $300 in 2022 For those who pay estimated taxes, second quarter June 15 deadline approaches Wedding planning checklist: cake, rings, flowers … tax forms? National Small Business Week: Making estimated tax payments electronically is fast and easy IRS reminds taxpayers who haven’t filed yet to choose their tax preparer wisely What businesses need to know about reporting nonemployee compensation and backup withholding to the IRS Taxpayers should check their federal withholding to decide if they need to give their employer a new W-4 IRS announces interest rate increases for the fourth quarter of 2022; 6% rate applies to most taxpayers starting Oct. 1 IRS revises Tax Year 2021/Filing Season 2022 frequently asked questions for the Child Tax Credit IRS increases mileage rate for remainder of 2022 IRS provides tax inflation adjustments for tax year 2021 Late-In-Calendar Approval of State Budget to Impact Upcoming Tax Season All third Economic Impact Payments issued; parents of children born in 2021, guardians and other eligible people who did not receive all of their third-round EIPs can claim up to $1,400 per person through the 2021 Recovery Rebate Credit Here’s what taxpayers need to know about higher education tax credits Testimonials More than 2.2 million additional Economic Impact Payments disbursed under the American Rescue Plan 2022 tax filing season begins Jan. 24; IRS outlines refund timing and what to expect in advance of April 18 tax deadline IRS announces changes to retirement plans for 2022 IRS provides tax inflation adjustments for tax year 2022 IRS sending information letters to recipients of advance child tax credit payments and third Economic Impact Payments The Factors Involved In Determining Reasonable Compensation The tax responsibilities that come with shutting down a business IRS: Monthly Child Tax Credit payments begin IRS recognizes Small Business Week: Resources available to help employers Here’s how a taxpayer’s custody situation may affect their advance child tax credit payments IRS announces 401(k) limit increases to $20,500 Taxpayers who aren’t eligible for the child tax credit should look into the credit for other dependents IRS continues unemployment compensation adjustments, prepares another 1.5 million refunds A tip for teachers: Some educator expenses may be tax deductible The Child Tax Credit Update Portal allows families to update direct deposit information or unenroll Advance Child Tax Credit Payments in 2021 What taxpayers need know about using the IRS Tax Withholding Estimator Here are nine things taxpayer must consider when determining if an activity is a hobby or a business: More than 2.2 million additional Economic Impact Payments disbursed under the American Rescue Plan IRS online tool helps families see if they qualify for the Child Tax Credit; one of three tools now available for the upcoming advance payments How the American Rescue Plan affects 2021 taxes, part 2 How the American Rescue Plan affects 2021 taxes, part 1 Checking withholding can help taxpayers decide if they need to give their employer a new W-4 Home