by the Storen Team | Sep 1, 2021 | Resources, Taxes
*This blog was originally published on 2/22/19 and was updated 9/1/21. Reminder: proof of dependency is mandatory! Beginning with Tax Year 2018, taxpayers are required to bring proof of residency and relationship when claiming dependents on their tax return in order...
by the Storen Team | Jun 24, 2021 | Resources, Taxes
*Blog updated 6/24/21. If you have dependents on your tax return under the age of 18 – Please read! Monthly prepayments from the IRS of the Child Tax Credit will begin July 15th. In March of 2021, Congress passed the American Plan Rescue Act. This legislation could...
by the Storen Team | May 12, 2021 | Ed Slott, Education, Financial Planning, Resources, Retirement, Stock Market, Taxes, Videos
Over 200+ joined us virtually to learn from Ed Slott! What an amazing turnout and fantastic program! We are grateful to have hosted over 200 clients and non-clients alike, for our virtual educational event, featuring IRA expert, Ed Slott. If you missed it, don’t...
by the Storen Team | Apr 7, 2021 | Businesses, Resources, Resources for Businesses, Taxes
A common question we receive here is how to determine whether you have a hobby or a business. There is not just one determining factor, but many variables, as listed in the article below, that are taken into account. If an individual, partnership, estate, trust, or an...
by the Storen Team | Mar 18, 2021 | Resources, Taxes, Updates
The IRS has extended the 2020 tax filing deadline to May 17th, 2021. What this means for you: Federal deadline will move from April 15th to May 17th. States will soon follow. If you owe on 2020 taxes, payments will now be due May 17th If you owe quarterly estimates...
by the Storen Team | Mar 11, 2021 | Resources, Taxes, Updates
It’s not often that I find myself feeling sorry for the IRS, but life is a little tough for the IRS right now. Congress has enacted several new tax law changes in the past couple months and the IRS is implementing these and working hard to help you. The list of...
