by Terri McLain | Aug 28, 2019 | Personal
The IRS W-4 form (Employee Withholding Allowance Certificate) is the form employees fill out and give to their employers. From that information, employers calculate the amount of money to withhold from your paycheck for taxes. If too little is held out, you could owe...
by Terri McLain | Aug 13, 2019 | Personal
IRS postcards for filing your 2019 Form 1040 tax returns in 2020 seemed almost friendly and might have conjured up some old memories of the 1960s-era Short Forms. Sorry, folks, that just isn’t happening. No IRS postcards for 2019 tax returns The IRS won’t be...
by Terri McLain | Jul 30, 2019 | Personal
Taxpayers turning 65 years of age in 2019 will have the option to use the new 1040-SR tax form when filing their 2019 taxes in 2020. The new form is provided for in section 41106 of the Bipartisan Budget Act of 2018 (BBA), a two-year budget agreement passed by...
by Terri McLain | Jun 12, 2019 | Personal
Selecting the person to shoulder the responsibilities of following your final wishes is one of the most important decisions you make. Are you one of the many people who choose NOT to disclose the identity of the executor of their Last Will and Testament, EVEN to that...
