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Estimated tax payments: The deadline for the first 2021 installment is coming up
/in News, Tax Tips - Individual/by Betty KimApril 15 is not only the deadline for filing your 2020 tax return, it’s also the deadline for the first quarterly estimated tax payment for 2021, if you’re required to make one. You may have to make estimated tax payments if you receive interest, dividends, alimony, self-employment income, capital gains, prize money or other income. […]
Didn’t contribute to an IRA last year? There still may be time
/in News, Tax Tips - Individual/by Betty KimIf you’re getting ready to file your 2020 tax return, and your tax bill is higher than you’d like
IRS Announces 2021 tax filing season begins on Feb. 12
/in News, Tax Tips - Individual/by Betty KimThe Internal Revenue Service announced that the nation’s tax season will start on Friday, February 12, 2021, when the tax agency begins accepting and processing 2020 individual tax returns.