IRS Tax Tip 2023-125 Paid tax return preparers with a PTIN expiring on Dec. 31, 2023, need to renew their PTIN with the online renewal process. It takes about 15 minutes to renew online. Anyone who’s paid to prepare or helps prepare any U.S. federal tax return or a claim for refund must have a valid […]
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Welcome to the thrilling world of couponing, where saving becomes an art form! Our Couponing Class at Minding My Business is your passport to mastering the intricate details of couponing and making a powerful impact on your budget and, ultimately, your bank account. In today’s financial climate, strategic coin-saving is essential, and this class is
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In a groundbreaking collaboration, Price Waterhouse Cooper (PwC) and Minding My Business have joined hands to bring an invaluable gift to our youth – free online financial literacy workshops for elementary, middle, and high school students. This initiative aims to equip young minds with the essential tools to navigate the world of finances, setting the
Keeping vital records safe can make disaster recovery easier IRS Tax Tip 2023-107 Natural disasters can strike without warning. Sometimes even the most diligent taxpayers are left without the important personal and financial records they need. People may need documentation for tax purposes, federal or state assistance programs or insurance claims. Here are some steps
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Educator Expense Deduction helps teachers cut classroom costs IRS Tax Tip 2023-104 Teachers often buy classroom supplies with their own money. The Educator Expense Deduction helps them get some of that money back. Eligible teachers and administrators can deduct part of the cost of technology, supplies and training from their taxes. They can claim this
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IRS reminds extension filers to have all their info before visiting a tax professional IRS Tax Tip 2023-117 The deadline is around the corner for taxpayers with an extension to file. It’s important for taxpayers to gather all their records and get copies of any missing documents before they sit down to prepare their return,
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IRS Tax Pro Account has new tools for tax professionals IRS Tax Tip 2023-118 Tax Pro Account is a digital self-service portal for tax professionals to manage authorized relationships with their clients and view clients’ tax information. The IRS recently updated Tax Pro Account to enable tax professionals to send power of attorney and tax information authorization requests
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A bunch of the stresses we deal with in life. Guess what, most of them are self-inflicted. Not because of what we do, but because of what we don’t do. We forget that life’s got curveballs waiting for us, and we ignore the fact that we’re more likely to face a disability before hitting 65
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Do’s: More Do’s: Even More Do’s:
25 Ways to Enhance Your Relationship with Money Read More »
IRS Tax Tip 2023-108, Sept. 5, 2023 Starting a new business can seem overwhelming for new entrepreneurs or even seasoned professionals. The IRS has resources to help new business owners understand the tax responsibilities of running a business. Here are a few things any entrepreneur needs to do when starting their business. Choose a business structure The form of
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