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Proposed 2021 Capital Gains Tax Laws
The Biden Administration has proposed significant tax increases in various arenas in order to fund the American Families Plan. One of the strongest proposed tax increases affect capital gains taxes, which are taxes assessed on financial assets sold at a profit. Capital gains includes profit gained from stocks, but also includes real estate and business […]
Status Update of Processing Form 941, Employer’s Quarterly Federal Tax Return and Form 941-X, Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund
Recently, the IRS provided an update for returns and refunds that directly impact employers that have filed for the CARES Act Employee Retention Credit (ERC). Specifically, they addressed the status of processing Form 941, Employer’s Quarterly Federal Tax Return and Form 941-X, Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund. Like many businesses […]
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Culture
Proposed 2021 Capital Gains Tax Laws
The Biden Administration has proposed significant tax increases in various arenas in order to fund the American Families Plan. One of the strongest proposed tax increases affect capital gains taxes, which are taxes assessed on financial assets sold at a profit. Capital gains includes profit gained from stocks, but also includes real estate and business […]
Status Update of Processing Form 941, Employer’s Quarterly Federal Tax Return and Form 941-X, Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund
Recently, the IRS provided an update for returns and refunds that directly impact employers that have filed for the CARES Act Employee Retention Credit (ERC). Specifically, they addressed the status of processing Form 941, Employer’s Quarterly Federal Tax Return and Form 941-X, Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund. Like many businesses […]
World
Proposed 2021 Capital Gains Tax Laws
The Biden Administration has proposed significant tax increases in various arenas in order to fund the American Families Plan. One of the strongest proposed tax increases affect capital gains taxes, which are taxes assessed on financial assets sold at a profit. Capital gains includes profit gained from stocks, but also includes real estate and business […]
Status Update of Processing Form 941, Employer’s Quarterly Federal Tax Return and Form 941-X, Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund
Recently, the IRS provided an update for returns and refunds that directly impact employers that have filed for the CARES Act Employee Retention Credit (ERC). Specifically, they addressed the status of processing Form 941, Employer’s Quarterly Federal Tax Return and Form 941-X, Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund. Like many businesses […]
Lifestyle
Proposed 2021 Capital Gains Tax Laws
The Biden Administration has proposed significant tax increases in various arenas in order to fund the American Families Plan. One of the strongest proposed tax increases affect capital gains taxes, which are taxes assessed on financial assets sold at a profit. Capital gains includes profit gained from stocks, but also includes real estate and business […]
Status Update of Processing Form 941, Employer’s Quarterly Federal Tax Return and Form 941-X, Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund
Recently, the IRS provided an update for returns and refunds that directly impact employers that have filed for the CARES Act Employee Retention Credit (ERC). Specifically, they addressed the status of processing Form 941, Employer’s Quarterly Federal Tax Return and Form 941-X, Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund. Like many businesses […]