March Tax & Stimulus News!

New Stimulus and New Tax Updates! No Taxes On Unemployment up to $10,200 and more! Campaign URL Copy Twitter 0 tweets Subscribe Past Issues RSS Translate English العربية Afrikaans беларуская мова български català 中文(简体) 中文(繁體) Hrvatski Česky Dansk eesti keel Nederlands Suomi Français Deutsch Ελληνική हिन्दी…

Third Stimulus Payment Calculator!

The 3rd stimulus, a $1.9 trillion American Rescue Plan, continues the $300 a week pandemic unemployment and extends this aid until Sept. 6. The 3rd stimulus offers a new tax waiver on the first $10,200 of 2020 unemployment benefits for many Americans. This plan will…

Good recordkeeping is an essential element of tax planning

Whether you cut hair, cut lawns, or cut checks- don’t cut corners! Good bookkeeping is an essential element to any company and preparing for their taxes. Here are some tips from the IRS to ensure you’re keeping good records. TaxDoer.com offers bookkeeping onsite and virtually,…

Business or Hobby? Know the difference!

From woodworking to soap making, many activities can be sources of income, but is it earned income, or hobby income? If you haven’t turned a profit in three or more years, the IRS might say your business is a hobby. Making money alone isn’t enough for the IRS…