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Lake Wylie Tax Service | Bookkeeping | Payroll Service

Lake Wylie Tax Service | Bookkeeping | Payroll Service

Lake Wylie Tax Service | Bookkeeping | Payroll Service
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Tag Archives: 2019 Tax Returns

Do I Have to File a Tax Return?

Lake Wylie Tax Service | Bookkeeping | Payroll Service Posted on January 16, 2020 by Lake Wylie Tax Services StaffJanuary 23, 2020

This is a question many taxpayers ask during this time of year, and the question is far more complicated than people believe. To fully understand, we need to consider that there are times when individuals are REQUIRED to file a tax return, and then there are times when it is to the individuals’ BENEFIT to file a return even if they are not required to file.

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Posted in Tax Central | Tagged 2019 Tax Returns, Tax Planning, taxes

Congress Passes Last-Minute Tax Changes

Lake Wylie Tax Service | Bookkeeping | Payroll Service Posted on January 2, 2020 by Lake Wylie Tax Services StaffJanuary 23, 2020

Tax-Law-Changes-You-Need-to-Know-AboutCongress, at almost the last minute, has passed a large number of tax changes, including retirement plan issues that will become effective in 2020, as well as extensions through 2020 of a number of tax provisions that had expired or were about to end. The list of changes is quite large, so we have only included those that are most likely to affect individual tax returns. Here is a run-down on some of the new tax provisions.

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Posted in Tax Central, Tax Deductions | Tagged 2019 Tax Returns, Tax Planning, taxes
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