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Tax Implications of the Elderly

There are laws that govern retirement taxes in Ohio. The state also offers retirees or the elderly a cost of living that is slightly below the national average however, its retirement taxes are somewhat higher than average as compared with other...

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Damawa Tax & Accounting Services, LLC

Taxpayers Can Add Bank Information – IRS

Taxpayers who file income tax in 2018 or 2019 without their bank information, can now add it to this IRS link https://sa.www4.irs.gov/irfof-wmsp/login… for direct deposit of their "Economic Impact/Stimulus Payment" check due to COVID-19....

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Damawa Tax & Accounting Services, LLC

The IRS is now depositing coronavirus stimulus checks Here’s what you...

Who is getting the money first The people getting theirs first are the ones who filed tax returns in 2018 or 2019 and received funds through direct deposit. People who didn’t file taxes, are very low income or are older and don't need to...

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Damawa Tax & Accounting Services, LLC

Treasury, IRS launch new tool to help non-filers register for Economic...

IRS.gov feature helps people who normally don't file get payments; second tool next week provides taxpayers with payment delivery date and provide direct deposit information IR-2020-69, April 10, 2020 WASHINGTON — To help millions of...

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Damawa Tax & Accounting Services, LLC

Economic Injury Disaster Loan Emergency Advance

Small business owners, call us at 614-864-1700 Ext. 2 to HELP file the “Economic Injury Disaster Loan Emergency Advance” application FREE OF CHARGE. Please don’t miss this GREAT OPPORTUNITY to help your business from going down. Once...

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Damawa Tax & Accounting Services, LLC

IRS Extend 2019 filing & federal tax payments to July 15

The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020. Taxpayers can also defer federal income tax payments due on...

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