payneassoc.com RSS Feed https://payneassoc.com/ Take a look at our recent blog posts and client newsletter articles. en-us Mon, 01 Feb 2021 09:00:00 -0600 Mon, 01 Feb 2021 09:00:00 -0600 What's New for 2020 Tax Returns https://www.payneassoc.com/newsletter.php#2 Taxpayers should be aware of several key items involving credits, deductions, and refunds when filing their tax returns this year. Mon, 01 Feb 2021 09:00:00 -0600 https://www.payneassoc.com/newsletter.php#2 Taxable vs. Nontaxable Income https://www.payneassoc.com/newsletter.php#5 Are you wondering if there's a hard and fast rule about what income is taxable and what income is not taxable? The quick (and easy) answer is that all income is taxable unless the law specifically excludes it. Mon, 01 Feb 2021 09:00:00 -0600 https://www.payneassoc.com/newsletter.php#5 Tax Filing Season Starts February 12 https://www.payneassoc.com/newsletter.php#1 The IRS begins accepting and processing 2020 tax year returns on Friday, February 12, 2021. Mon, 01 Feb 2021 09:00:00 -0600 https://www.payneassoc.com/newsletter.php#1 Social Security Benefits and Taxes: The Facts https://www.payneassoc.com/newsletter.php#4 Generally, you pay federal income taxes on your Social Security income only if you have other substantial income in addition to your benefits. Mon, 01 Feb 2021 09:00:00 -0600 https://www.payneassoc.com/newsletter.php#4 Employer Tax Credit Extended for Payroll Workers https://www.payneassoc.com/newsletter.php#3 Extended through June 30, 2020, the Employee Retention Credit helps businesses keep their employees on the payroll - despite the challenges posed by COVID-19. Mon, 01 Feb 2021 09:00:00 -0600 https://www.payneassoc.com/newsletter.php#3 The COVID-related Tax Relief Act of 2020 https://www.payneassoc.com/newsletter.php#4 The Consolidated Appropriations Act, 2021, which was signed into law on December 27, 2020, contains a number of tax provisions - among them pandemic relief for businesses and individuals. Fri, 01 Jan 2021 09:00:00 -0600 https://www.payneassoc.com/newsletter.php#4 Important Tax Changes for Individuals and Businesses https://www.payneassoc.com/newsletter.php#1 Each year brings changes to current tax law, and this year is no different. From tax rate schedules to health savings accounts and adoption credits, here's what you need to know. Fri, 01 Jan 2021 09:00:00 -0600 https://www.payneassoc.com/newsletter.php#1 Identity Protection PIN Available To All Taxpayers https://www.payneassoc.com/newsletter.php#2 Starting in January 2021, the IRS Identity Protection PIN Opt-In Program will be expanded to include all taxpayers who can properly verify their identity. Fri, 01 Jan 2021 09:00:00 -0600 https://www.payneassoc.com/newsletter.php#2 Credit Reports: What You Should Know https://www.payneassoc.com/newsletter.php#3 Periodically reviewing your credit report is an effective way to prevent credit card fraud and could alert you to signs of identity theft. Fri, 01 Jan 2021 09:00:00 -0600 https://www.payneassoc.com/newsletter.php#3 Your Rights as a Taxpayer https://payneassoc.com/blog.php?id=10 A taxpayer has certain rights, here are 8 of them. Thu, 11 Jan 2018 09:00:00 -0600 https://payneassoc.com/blog.php?id=10 What to Look for in a Tax Preparer! https://payneassoc.com/blog.php?id=13 When looking for a tax preparer, consider these 8 items: Thu, 11 Jan 2018 09:00:00 -0600 https://payneassoc.com/blog.php?id=13 Tax Rights for those suffering through Domestic Abuse https://payneassoc.com/blog.php?id=14 Tax rights are important for everyone, but especially those suffering through domestic abuse. Thu, 11 Jan 2018 09:00:00 -0600 https://payneassoc.com/blog.php?id=14 Mileage Rates for Reimbursement in 2018! https://payneassoc.com/blog.php?id=12 The new rates for mileage reimbursement in 2018. Thu, 11 Jan 2018 09:00:00 -0600 https://payneassoc.com/blog.php?id=12 How to Get Your Refund Quickly! https://payneassoc.com/blog.php?id=11 3 ways to make sure you get your refund in a timely manner. Thu, 11 Jan 2018 09:00:00 -0600 https://payneassoc.com/blog.php?id=11 Hobby? or Business? https://payneassoc.com/blog.php?id=9 How to determine if you have a hobby or business. Thu, 11 Jan 2018 09:00:00 -0600 https://payneassoc.com/blog.php?id=9 Data Protection Tips for Taxpayers https://payneassoc.com/blog.php?id=8 Here are 5 tips for data protection. Thu, 11 Jan 2018 09:00:00 -0600 https://payneassoc.com/blog.php?id=8 'Tis the Season for giving. https://payneassoc.com/blog.php?id=7 If you want to give this year, there are many things to remember. Mon, 27 Nov 2017 09:00:00 -0600 https://payneassoc.com/blog.php?id=7 Tax Credits For Education https://payneassoc.com/blog.php?id=3 This post is about education tax credits. Mon, 23 Oct 2017 09:00:00 -0500 https://payneassoc.com/blog.php?id=3 Identity Theft https://payneassoc.com/blog.php?id=4 This post is about identity theft and how it works with taxes. Mon, 23 Oct 2017 09:00:00 -0500 https://payneassoc.com/blog.php?id=4 Don't Fall For A Charity Scam While Helping Victims of Hurricane Harvey https://payneassoc.com/blog.php?id=2 This post is about how to donate safely to charities. Mon, 23 Oct 2017 09:00:00 -0500 https://payneassoc.com/blog.php?id=2 Document Retention https://payneassoc.com/blog.php?id=6 This post is about what documents you should save and how long you should save them. Mon, 23 Oct 2017 09:00:00 -0500 https://payneassoc.com/blog.php?id=6