Taxpayer asks: Are tax rates locked in at start of year ?? I’d like to do a Roth conversion in early Jan 2021. Can I
Read MoreDay: August 20, 2020
Taxes From A To Z 2020: X Is For X Tax
It’s my annual Taxes from A to Z series! If you’re wondering how to figure basis for cryptocurrency or whether you can claim home office
Read MoreWhat’s New On Form 1040 For 2020
The Internal Revenue Service (IRS) has released a draft of Form 1040, U.S. Individual Income Tax Return. There are several notable changes to the form proposed for
Read MoreIRS Green Lights Electronic Filing For Amended Tax Returns
After weeks of waiting, tax professionals and taxpayers finally got the word from the Internal Revenue Service (IRS): amended returns can now be electronically filed. In May,
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