by Integrated Tax Services | May 2, 2022 | Taxes
As social distancing turns convenience into necessity, the number and types of activities moving to the internet is exploding. It’s important to remember that these virtual events often trigger real-world tax implications. Here are some things to keep in mind:...
by Integrated Tax Services | Mar 1, 2022 | Taxes
Delayed tax refunds, penalties for not filing 2020 tax returns on time that were actually filed on time, and timely tax payments being flagged as late are just some of the headaches taxpayers are grappling with due to a massive backlog of several million...
by Integrated Tax Services | Feb 2, 2022 | Taxes
With tax season now officially underway, here are several tax documents that may be easy to miss in your mailbox or inbox: Child tax credit letter. From July through December 2021, the IRS paid out 50% of projected child tax credit payments to qualified households....
by Integrated Tax Services | Feb 2, 2022 | Taxes
Whether you own cryptocurrency or not, everyone should know the tax rules surrounding this type of property as it becomes more popular. If you have one take away regarding cryptocurrency, it should be this: Remember that Uncle Sam is watching you! Here’s what...
by Integrated Tax Services | Jan 6, 2022 | Taxes
Tax return filing season usually gets a little crazy, and this year isn’t different. Due to new tax legislation and guidance from the IRS, we’ll have to cope with a wide variety of tax changes, some of which relate to the pandemic. We’re here to...
by Integrated Tax Services | Dec 1, 2021 | Taxes
In 2020 voters approved two new income taxes effective January 1, 2021: The Portland Metro Supportive Housing Services Income TaxIncome tax on net income of a business with gross receipts above $5MPersonal income tax of 1% on taxable income above $125K or single...
