When considering starting a business there are multiple factors to consider. Whether you are a solopreneur, entering business with a partner, or operating as a gig contractor… Read more “Which Business Entity Is Right For Me?”
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10 Tips While Working From Home
There is a large amount of the work force working from home for the first time. This remote work while it can be rewarding requires diligence, focus,… Read more “10 Tips While Working From Home”
$2,000 Per Month Stimulus Package, will it happen?
There are a few new proposals concerning additional stimulus payments or aid to individuals that have many people wondering if any of them will be approved. In… Read more “$2,000 Per Month Stimulus Package, will it happen?”
$2 Trillion Stimulus Package – What’s in it for you?
$2 Trillion Stimulus PackageWhat’s in it for you? An historic bill has been passed by the Senate to provide much needed assistance to individuals, families, and businesses.… Read more “$2 Trillion Stimulus Package – What’s in it for you?”
IRS defers 2020 tax payments by 90 days | Fortune
Due to the impact of COVID-19, the IRS & Treasury have extended the deadline for paying taxes by 90 days. However, there is currently no extension for… Read more “IRS defers 2020 tax payments by 90 days | Fortune”
Tax Withholding Estimator
Just in time for the 2019 Tax Season! The new and improved IRS Tax Withholding Estimator is now available! The new tool better allows you to analyze… Read more “Tax Withholding Estimator”
Apple needs a next act – Axios
Apple has been the standard in computing & mobile device technology for decades. Is that reign coming to an end? Read the post below and provide your… Read more “Apple needs a next act – Axios”
IRS Withholding Calculator | Internal Revenue Service
The 2018 tax law changes are still confusing to many people. However, if you haven’t made adjustments to your withholding, take a look at this tool from the #IRS. Be sure to have a recent paystub handy; this you can usually access online from your employer. Follow the link to try out the calculator: IRS Withholding Calculator | Internal Revenue Service
After you have tried the tool, if you have questions or are unsure of what to do next, send your questions to info@kcallp.com and we will do our best to assist you.
CHALLENGE MET | News Services | ECU
Amazing Pirate Challenge at East Carolina University’s Miller School of Entrepreneurship. We are honored to have been a sponsor and look forward to working with the brilliant… Read more “CHALLENGE MET | News Services | ECU”
Rules and Limits for the Student Loan Interest Tax Deduction
There are many changes in the tax law that have impacted taxpayers this year. There are some items that have remained relatively unchanged. One of those is the deduction for student loan interest paid. The most student loan interest you can claim as a tax deduction is limited to $2,500 as of the 2018 tax year.
Read more of the details in this article from the balance via Rules and Limits for the Student Loan Interest Tax Deduction.
At K & C Accounting, we are here to maximize your tax savings.