by Patricia Parrilla Tax Services | Sep 11, 2019 | Tax Tips and News
Time is running out for taxpayers who need to renew an expiring ITIN before next filing season. In June, the IRS issued a press release reminding taxpayers that failing to renew an expiring ITIN can result in refund delays and ineligibility for some tax credits. While...
by Patricia Parrilla Tax Services | Sep 11, 2019 | Tax Tips and News
The IRS last Friday announced that it would be waiving the penalty for using red-dyed diesel in highway vehicles in Florida until September 15. The press release came while Floridians prepared for the possibility that Hurricane Dorian would make landfall. As of this...
by Patricia Parrilla Tax Services | Sep 11, 2019 | Tax Tips and News
According to the IRS, self-employed taxpayers should use the Tax Withholding Estimator when they perform their next “paycheck checkup.” IR-2019-149 is the latest press release advertising the Tax Withholding Estimator, the agency’s newest online tool: “The estimator...
by Patricia Parrilla Tax Services | Sep 11, 2019 | Tax Tips and News
The Internal Revenue Service says it has new procedures in place that can help certain expatriated American taxpayers come into compliance with their U.S. tax obligations and get relief for back taxes. Relief Procedures for Certain Former Citizens apply only to those...
by Patricia Parrilla Tax Services | Sep 11, 2019 | Tax Tips and News
IRS Tax Reform Tax Tip 2019-121, September 4, 2019 Millions of people have filed their 2018 tax return, making this a prime time to consider whether their tax situation came out as expected. If not, taxpayers can use their finished 2018 return and the Tax Withholding...
Patricia Parrilla Tax Services