IRS

Reminder: Estimated Tax Payments Are Due By April 15

April 8th, 2021|Categories: Accounting, Burns Firm, C Corporation, CPA Dallas, Dallas CPA, Estimated Tax, Estimated Tax Payments, IRS, Partnership, S Corporation, Services, Tax|Tags: , , , , , , , , , , , , |

Information provided by IRS.gov The Internal Revenue Service has issued a reminder to self-employed individuals, retirees, investors, businesses, corporations, and others who pay their taxes quarterly that the payment for [...]

COVID-19 Relief: Overview of the New American Rescue Plan Act

March 18th, 2021|Categories: American Rescue Plan Act, Covid-19, COVID-Related Tax Relief Act (COVIDTRA), IRS, Services, Tax, Tax Credits, Tax Cuts, Tax Deductions, Tax Preparation|Tags: , , , , , , , , , , , |

The American Rescue Plan Act (ARPA) was signed into law on March 11, 2021. The new law will provide roughly $1.9 trillion in much-needed financial relief to individuals, businesses, not-for-profit organizations, [...]

The New Form 1099-NEC and the Revised 1099-MISC are Due to Recipients Soon

January 26th, 2021|Categories: Accounting, Burns Firm, Business, C Corporation, IRS, IRS Forms, Partnership, Tax Planning, Tax Preparation, Tax Return|Tags: , , , , , , , , , , , , , , , |

There’s a new IRS form for business taxpayers that pay or receive certain types of nonemployee compensation and it must be furnished to most recipients by February 1, 2021. After sending [...]

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