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I try to add tax blog articles weekly on tax topics that may be interesting to you. Please browse. If there is a topic you would like to see here or would like to more information on, please contact me.
I try to add tax blog articles weekly on tax topics that may be interesting to you. Please browse. If there is a topic you would like to see here or would like to more information on, please contact me.
On August 8, 2023 Ohio will have a special election for Issue One which addresses Ohio Constitutional Amendment Procedure. Under current Ohio law, Ohio citizens can petition for an Ohio Constitution amendment. Amendments are adopted if: 1. if the Secretary of State receives the proposed amendment with 1,000 verified signatures from Ohio citizens qualified to … 2023 Issue 1-Yes NO!! Maybe So . . .
The bill that would make Roe vs Wade into Federal law did not pass the Senate. . . bill is dead for now. . . let’s us continue to Think, Speak and Act . . . (John Adams) Thanks for your Prayers and Contacts. . .
No new tax legislation seen yet. . . After tax season housekeeping: Refunds: Running 3-4 weeks. To check the status of your Electronically filed tax return/refund: Phone : 1-800-829-1040 or (call early in morning) Online: www.irs.gov/refund IRS will NOT release refund information to tax preparer. Ohio refund may come before Federal or IRS refund. … Tax Season and Congressional Legislative Update
A question received: I’ve worked from home since March 2020 because of COVID. Can I claim my home office expenses on my 2020 taxes? The tax year and the employment status (employee vs sub contractor or self employed) matters. For 2020 tax year, there may be a home office tax deduction for: 1. Subcontractor (No … COVID Reveals a BROKEN “Tax Cookie Jar” for At Home Employees
Are you: Self Employed? Receive Limited Liability Company (LLC) Income? Receive a 1099 Miscellaneous? Member of a LLC (e. g. Partnership)? Receive Sub Chapter S Corporation Distributions? If you answered no to the above questions then QBI does not apply to you. . . If you answered yes, then: The Qualified Business Income (“QBI”) deduction … Qualified Business Income Deduction