Thrive Tax & Advisory, LLC
Category
General Information
Locality: West Covina, California
Phone: +1 626-534-3454
Address: 1050 West Lakes Drive Suite 225 91790 West Covina, CA, US
Website: ThriveTaxAdvisory.com
Likes: 47
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The latest IRS News - details are available on my blog website: https://www.thrivetaxadvisory.com/blog.php IRS just launched a new tool to help non-filers register for Economic Impact Payments (Stimulus Payments). The link is available in the IRS website https://www.irs.gov/coro/non-filers-enter-payment-info-here In addition, coming next week: IRS will start direct deposit the stimulus payments to eligible taxpayers who filed tax returns for either 2019 or 2018 and chose dir...ect deposit of their refunds. Coming next week - IRS will launch the "Get My Payment" tool by April 17, 2020, to provide people with the status of their stimulus payments, including to provide taxpayers with the date their payment is scheduled to be deposited into their bank account or mailed to them. An additional feature on the "Get My Payment" tool will also allow eligible people a chance to provide their bank account information so they can receive their payment more quickly rather than waiting for a paper check. This feature will be unavailable if the Economic Impact Payment has already been scheduled for delivery.
Issue Number: IR-2020-69 Inside This Issue Treasury, IRS launch new tool to help non-filers register for Economic Impact Payments IRS.gov feature helps people who normally don’t file get payments; second tool next week provides taxpayers with payment delivery date and provide direct deposit information...Continue reading
Latest news - FTB will conform with IRS tax filing by extending the 2019 tax filing to July 15, 2020. https://www.ftb.ca.gov//2020-3-state-postpones-tax-deadlin
https://www.irs.gov//tax-day-now-july-15-treasury-irs-exte
https://www.journalofaccountancy.com//90-day-delay-tax-pay
IRS Warns Taxpayers Of Two New Tax Scams https://www.thrivetaxadvisory.com/blog.php
As a business owner, you use your automobile a lot for business purposes. To help small business owner, the IRS provided a safe-harbor method to determine depreciation deductions for passenger automobiles that qualify for 100% bonus depreciation. http://thrivetaxadvisory.com/blog.php
This blog will give taxpayer some insight of what to anticipate from IRS during 2019 tax filing season during the federal government shutdown. http://thrivetaxadvisory.com/blog.php
As we are approaching the end of the year in less than a month, we need to plan for the 2018 tax filing. The new tax law that was signed back on December 22, 2017, by Trump Administration will take effect starting January 1, 2018. http://thrivetaxadvisory.com/blog.php
The new tax Act for 2018 provides for stricter limits on the deductibility of business meals and entertainment expenses. Thus, every business should keep the new rules in mind as they plan their 2018 meals and entertainment budgets. This article will provide the guidelines relating to the deductibility of your meals & entertainment expenses. http://thrivetaxadvisory.com/blog.php?id=19
Every business of all types, sizes, locations, and industries are at risk of facing fraud, usually because of being unaware or feeling secure. Fraud is an important issue that could bring down a company revenue and potential profit, in addition to ruining the company's reputation. This blog discusses the steps that you can do as a business owner to prevent and detect any fraud in your business. http://thrivetaxadvisory.com/blog.php
Tax Cuts and Jobs Act which was signed on December 22, 2017, represents a major tax laws overhaul for both individuals and businesses. One of the questionable new tax laws implication will be on employee transportation expenses program which also known as qualified transportation benefits. This article will explain the new tax laws effect on transportation benefits. http://thrivetaxadvisory.com/blog.php
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