If you start a business, one key to success is to know about your federal tax obligations. You may need to know not only about income taxes but also about payroll taxes. Here are five basic tax tips that can help get your business off to a good start. 1.Business Structure. As you start out, you’ll need to choose the structure of your business. Some common types include sole proprietorship, partnership and corporation. You may also choose to be an S corporation or Limited Liability Company. You’ll report your business activity using the IRS forms which are right for your business...
You may need copies of your filed tax returns for many reasons. For example, they can help you prepare future tax returns. You’ll need them if you have to amend a prior year tax return. You often need them when you apply for a loan to buy a home or to start a business. You may need them if you apply for student aid. If you can’t find your copies, the IRS can give you a transcript of the information you need, or a copy of your tax return. Here’s how to get your federal tax return information from the...
On Monday (June 27, 2016) the USCIS introduced a new and improved version of INFOPASS, the online system for scheduling an appointment at a USCIS office. The improvements include an improved visual style and a mapping function that makes it easier to find a local office in the United States. A new web address will allow access to the scheduling online system: https://my.uscis.gov/appointment
[spacer] This morning the U.S. Supreme Court deadlocked in a 4 to 4 split vote in the long-awaited case, United States v. Texas, which challenged the President's 2014 executive order regarding DACA and DAPA. The decision effectively upholds the lower court’s injunction and halts the expansion of the Deferred Action for Childhood Arrivals (DACA) program and the creation of a new program known as Deferred Action for Parents of Americans and Lawful Permanent Residents (DAPA). The original DACA program which was implemented several years ago will remain in place. The onus is now on the U. S. Congress to address comprehensive immigration reform and the future of...
IR-2016-85, June 7, 2016 WASHINGTON — With the assistance of top digital experts at U.S. Digital Service and other security authorities, the Internal Revenue Service today launched a more rigorous e-authentication process for taxpayers that will significantly increase protection against identity thieves impersonating taxpayers to access tax return information through the IRS Get Transcript online service. This enhanced authentication process will also provide a foundation for additional IRS self-help services in the future. After being disabled last spring, Get Transcript Online is now available for all users to access a copy of their tax transcripts and similar documents that summarize...
A report by the Appleseed Network found that the U.S. topped the list of remittance sending countries, at $56 billion at the end of 2014. The Appleseed report, Sending Money: The Path Forward, is based on data from a survey of international remittance customers’ preferences and behavior. WASHINGTON, D.C. Landmark federal safeguards adopted in 2013 are protecting money sent abroad and the U.S. residents who send it, resulting in a stronger economy at home, according to a new survey released today by the Appleseed Network (“Appleseed”). Before Consumer Financial Protection Bureau (“CFPB”) regulations increased pricing transparency for remittances used by immigrants and...
Q: Why is DHS implementing air travel in stages? On January 8, 2016, the Secretary of Homeland Security announced the following timetable for the implementation of the REAL ID Act for air travel: Effective immediately, the Department of Homeland Security will conduct outreach to educate the traveling public about the timeline below, and continue engagements with states to encourage compliance with REAL ID standards. Starting July 15, 2016, TSA, in coordination with airlines and airport stakeholders, will begin to issue web-based advisories and notifications to the traveling public. Starting December 15, 2016, TSA will expand outreach at its airport checkpoints...
Monday May 23, 2016 marks the 68th day since Judge Merrick Garland was nominated to the U.S. Supreme Court, drawing him equal with the average time to confirmation for recent high court nominees. The White House on Friday again urged senators to consider the judge’s nomination.
Nearly two years after a judge decided he wasn’t an American citizen, a Texas man has appealed to the U.S. Supreme Court, arguing it is up to a state, not the federal government, to determine who was born inside its boundaries.
A TRAC report found that Immigration Court judges issued 44,204 removal orders as of April 2016. Texas leads the nation with 10,102 removal orders issued, followed by California and Georgia. During April 2016, 1,186 of the 6,347 individuals ordered removed were women with children.