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Posted: Mon,20 May 2019 05:49:18 GMT
Tax Tip 2019-62, May 20, 2019
With summer almost here, many students will turn their attention to making money from a summer job. Whether it’s flipping burgers or filing documents, the IRS wants student workers to know some facts about their summer jobs and taxes.
Posted: Wed,15 May 2019 03:43:05 GMT
IRS Tax Tip 2019-60, May 15, 2019
The IRS has some good news for taxpayers who are selling their home. When filing their taxes, they may qualify to exclude all or part of any gain from the sale from their income. Here are some things that homeowners should think about when selling a home:
Posted: Fri,10 May 2019 07:49:31 GMT
IRS Tax Tip 2019-57, May 10, 2019
Businesses that use a car or other vehicle may be able to deduct the expense of operating that vehicle on their taxes. Businesses generally can use one of the two methods to figure their deductible vehicle expenses:
Posted: Tue,07 May 2019 09:26:43 GMT
IRS Tax Tip 2019-54, May 7, 2019
Small business owners should keep good records. This applies to all businesses, whether they have a couple dozen employees or just a few. Whether they install software or make soft-serve. Whether they cut hair or cut lawns. Keeping good records is an important part of running a successful business.
Posted: Tue,23 Apr 2019 03:50:30 GMT
IRS Tax Reform Tax Tip 2019-46, April 23, 2019
From renting spare rooms and vacation homes to car rides or using a bike…name a service and it’s probably available through the sharing economy. Taxpayers who participate in the sharing economy can find helpful resources in the IRS Sharing Economy Tax Center on IRS.gov. It helps taxpayers under...