Tag Archives: Tulsa State Tax preparations

Interest rates remain the same for the first quarter of 2021

WASHINGTON – The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning Jan. 1, 2021.  The rates will be:  three (3) percent for overpayments [two (2) percent in the case of a corporation];one-half (0.5) percent for the portion of a corporate overpayment exceeding $10,000;three (3) percent for…
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Here’s what taxpayers can do now to Get Ready to file taxes in 2021

There are steps people can take now to make sure their tax filing experience goes smoothly in 2021. First, they can visit the Get Ready page on IRS.gov.Here are a few other things people can do now:Check their withholding and make any adjustments soonSince most taxpayers typically only have a few pay dates left this…
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IRS to mask key business transcript details; protect taxpayers from identity theft

WASHINGTON – Moving to protect business taxpayers from identity theft, the Internal Revenue Service today announced that starting Dec. 13 it will begin masking sensitive data on business tax transcripts. The announcement provides 30 days for stakeholders to make any adjustments. The IRS began informing tax professionals of this change during the summer Nationwide Tax…
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