FZ Tax Services

IRS Announces Filing Season Open Date (It’s Later Than Expected) https://www.forbes.com//irs-announces-filing-season-open/

Treasury Signals Intention To Make Cryptocurrency Like Bitcoin Reportable On FBAR https://www.forbes.com//treasury-signals-intention-to-ma/

New $300 Weekly Unemployment Benefit: When You Get It Depends On Where You Live https://www.forbes.com//new-300-weekly-unemployment-bene/

What is a W-9 and Who Needs One? https://financialhotspot.com//what-is-a-w-9-and-who-needs/

It may sound simple, but many people struggle with this first rule. Make sure you know what your job is worth in the marketplace, by conducting an evaluation of your skills, productivity, job tasks, contribution to the company, and the going rate, both inside and outside the company, for what you do. Being underpaid even a $1,000 a year can have a significant cumulative effect over the course of your working life.

IRS offers option when PPP loan forgiveness is denied. https://www.accountingtoday.com//irs-offers-option-when-pp

Here’s a friendly reminder to file your taxes on time!

Retirement Plans for Small Entities and Self-Employed https://www.irs.gov//retirement-plans-for-small-entities-a

Tax Filing: Should You Itemize Deductions This Year? https://financialhotspot.com//tax-filing-should-you-itemi/

10 Ways For Entrepreneurs To Power Through Tough Times https://www.forbes.com//10-ways-for-entrepreneurs-to-pow/

#IRS is issuing a 2nd round of Economic Impact Payments. No action needed on your end. http://irs.gov/EIP #COVIDreliefIRS

For legal and tax purposes, you can structure your business in different ways. Choosing the right one can impact how you file and how much you owe at tax time. Here’s a quick summary of the most popular business-structure options. https://www.creditkarma.com//i/tax-tips-new-business-owner