Disaster Resource Guide for Individuals and Businesses Introduction This resource guide provides information to individuals and businesses affected by a federally-declared disaster. It also covers the assistance available to disaster victims. This guide can also help taxpayers claim unreimbursed casualty losses on property that was damaged or destroyed. A federally declared disaster is a disaster… Read More »
Tax Calculator and Estimator Tax Calculator Estimate by TaxAct TaxAct®, founded in 1998, is a leading provider of affordable digital and download tax preparation solutions for individuals, business owners and tax professionals. Its flagship product, TaxAct, provides the highest degree of accuracy and is designed by in-house programmers and tax accountants. All forms are IRS… Read More »
Tax relief for Iowa victims of severe storms and flooding, Updated 5/13/19 to include Scott County. Updated 5/8/19 to include Louisa County. Updated 4/16/19 to include Pottawattamie and Shelby counties. IA-2019-02, March 25, 2019 IOWA — Victims of the severe storms and flooding that took place on March 12, 2019 in Iowa may qualify for tax relief from the… Read More »
IRS Disaster Related Forms and Publications The following forms, schedules, and publications are available to assist you with disaster tax issues. They are accessible electronically at irs.gov, click on Forms and Instructions. Form 1040 and Instructions: U.S. Individual Income Tax ReturnCheck for specific tax year at https://www.irs.gov/formspubs/index.html Form 1040X and Instructions: Amended U.S. Individual… Read More »
Reconstructing Your Records Reconstructing records after a disaster may be essential for tax purposes, getting federal assistance or insurance reimbursement. After a disaster, home owners might need certain records to prove their loss. The more accurately the loss is estimated, the more loan and grant money there may be available. The following information includes steps… Read More »
A federally declared disaster is a disaster that took place in an area declared by the President to be eligible for federal assistance under the Robert T. Stafford Disaster Relief and Emergency Assistance Act. A list of areas warranting public or individual assistance (or both) is available at the Federal Emergency Management Agency (FEMA) web… Read More »
Taking care of business: recordkeeping for small businesses May 7, 2019 Small business owners should keep good records. This applies to all businesses, whether they have a couple dozen employees or just a few. Whether they install software or make soft-serve. Whether they cut hair or cut lawns. Keeping good records is an important part… Read More »
Guidance for Those Affected by Disasters Affected Taxpayer and Records Necessary to Meet a Deadline (updated 9/29/17) Amended Returns (updated 4/13/09) Calculating a Casualty Loss Under the National Disaster Relief Act of 2008 (updated 4/13/09) Casualty Loss (Valuations and Section 165 (i)) (updated 4/13/09) Change of Address (updated 4/13/09) Copies of Tax Returns (updated 4/13/09) Filing of Extensions (updated 7/2/09) Information on… Read More »
Auto Insurance in USA What’s in your garage? You might be practical when you choose cars — a versatile hatchback or minivan is just the thing. Perhaps you prefer the rugged image of an SUV, or like to reward yourself with a convertible or luxury sedan. Maybe you also have a classic muscle car or… Read More »
Online Bookkeeping Service Providers List Online Bookkeeping Services Best For Bookkeeper.com (Best Overall) Small businesses that want an all-in-one solution: bookkeeping, payroll, and tax. Bench Startups and small businesses that have a tax professional but need a bookkeeper. Bookkeeper360 Small businesses that use Xero or want to move away from QuickBooks. Merritt Bookkeeping Small businesses… Read More »