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Income Tax Withholding Rules 2020; The Internal Revenue Service (IRS) in collaboration with the U.S. Department of the Treasury today proposed updates regarding the income tax withholding rules in the United States. You can visit IRS proposed regulations page to…
Black Ink is one of the renowned and trust-worthy outsourced accounting & taxation services providers in Brooklyn, New York. Not only we are growing in the number of our satisfied clients list, but we are also expanding our services throughout…
IRS New Tax Law Effects on Tax-Exempt; The Internal Revenue Service outlines the new tax law effect on tax exempt organizations though the United States. The recent changes in the tax law might affect tax-exempt organizations, therefore the IRS want…
IRS Revises Form 1023; For the improvement of tax-exempt community services in the United States, the Internal Revenue Service is continuously looking for and applying different strategies. In the same ongoing effort, the IRS recently improved and revised Form 1023….
Do seniors get a tax break in 2019? The answer is ‘YES’, the Internal Revenue Service launched a new tax form, Form 1040-SR, specifically for senior taxpayers in the United States. With the availability of new Form 1040-SR for seniors,…
The Internal Revenue Service (IRS) and Treasury issue guidance for students with discharged student loans as well as their creditors. More people with discharged student loans can now receive tax relief with the newly issued Revenue Procedure 2020-11 (PDF) guidance in…
For the 2020 tax filing season, the Internal Revenue Services (IRS) facilitates taxpayers in the United States to pay their taxes free with IRS Free File. With this facility, most of the taxpayers can early start to file and pay…
IRS New Economy Tax Center; The Internal Revenue Service (IRS) launched a brand new Gig Economy Tax Center on its official website. The purpose to launch new IRS Gig Economy Tax Center is to help taxpayers to meet their tax obligations…
Receive Fastest Federal Tax Refund; The Internal Revenue Service (IRS) is all in action in making necessary reminders to the taxpayers throughout United States as the taxation season approaches. In a series of reminder, the IRS reminds all taxpayers to…
Married Filing Jointly v/s Married Filing Separately; If you are a married individual and wants to file your tax returns in the United States, the option to file one or two tax returns is available each year. Due to the…