Friday March 6, 2015
News
Gifts of Stock
What will the market do this year? Perhaps the best answer is, "It will go up and down." Stock returns vary to a significant degree each year. However, long-term stock returns have been reasonably...MORE
Do You Need To File A Tax Return in 2015?
What are the IRS income tax filing requirements for retirees this tax season? I didn’t have to file last year, but I picked up a little income from a part-time job in 2014 and I’m...MORE
$6.3 Billion in Direct Pay Taxes
In IR-2015-34 the IRS reminded taxpayers that they may use Direct Pay to make their tax payments this year. Direct Pay is a free online tool that may be used either for tax payments or quarterly tax amounts.
The IRS suggested that taxpayers should go to irs.gov/directpay and learn about this method. The tax payments may be scheduled from your bank or savings account up to 30 days in advance.
As of February 26, the IRS reports that it has received over 50 million returns. There are 40 million refunds that add up to approximately $125 billion.
There were over 158 million visits during tax season to...MORE
