IRS – Page 3 – The Burns Firm – Advisors of Complex Financial Matters

Unemployed Last Year? Buying Health Insurance This Year? You May Benefit From Favorable New Changes

April 20th, 2021|Categories: Accounting, Burns Firm, Covid-19, COVID-Related Tax Relief Act (COVIDTRA), CPA Dallas, Dallas CPA, IRS, Services, Tax, Tax Credits, Tax Cuts, Tax Deductions, Tax Preparation, Tax Return|Tags: changes to tax law, CPA Dallas, Dallas accounting firm, Dallas CPA, Dallas tax return preparation near me, North Texas accountant, tax changes for individual tax returns, tax preparer near me, tax return preparation, tax saving credits, tax savings, The Burns Firm, what credits am I eligible for on my tax return, what credits can I take on my tax return|

In recent months, there have been a number of tax changes that may affect your individual tax bill. Many of these changes were enacted to help mitigate the financial damage [...]

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: 2021, CPA Dallas, Dallas CPA, do I need to make an estimated tax payment, estimated tax, estimated tax payments due by April 15, IRS estimated tax, North Dallas CPA, north dallas tax return preparation, tax due for 2021, tax preparation, tax preparer near me, when is estimated tax payment due|

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: Covid-19 tax relief, CPA Dallas, Dallas CPA, do I qualify for the American Rescue Plan Act, tax, tax credits, Tax cuts, tax preparer, tax preparer near me, tax return preparation for tax year 2020, The Burns Firm, what is the American rescue plan act|

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: accounting firm near me, CPA Dallas, cpa near me, Dallas CPA, doI need a form 1099NEC, IRS, IRS form 1099NEC, NEC1099, new IRS form NEC 1099, tax forms, tax help, tax preparation, tax return preparer near me, The Burns Firm, what forms do I need to issue for tax purposes, what is form 1099NEC used for|

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 [...]