Before You Pay the IRS With a Card, Read This
2/5/2026If you owe federal tax, you can generally pay the debt using a credit or debit card or through certain third-party apps. However, there are restrictions. T...
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- Federal and State Tax
MyCPA LLP Admin
If you owe federal tax, you can generally pay the debt using a credit or debit card or through certain third-party apps. However, there are restrictions. T...
MyCPA LLP Admin
Are you eligible for the Earned Income Tax Credit (EITC)? Each year, roughly 1 in 5 eligible taxpayers don’t claim this credit. To raise awareness, the I...
MyCPA LLP Admin
The IRS has published new FAQs on Executive Order 14247, which calls for eliminating paper checks to and from the IRS. This change is to reduce fraud, enha...
MyCPA LLP Admin
Americans living abroad generally have more time to file their federal income tax returns than their stateside peers. If your tax home and abode are outsid...
MyCPA LLP Admin
Chapter 13 bankruptcy is intended to protect financially distressed individuals and sole proprietors so they can repay creditors and get out of debt. But i...
MyCPA LLP Admin
As you’ve probably heard by now, the One Big Beautiful Bill Act introduced a deduction for qualified overtime compensation for 2025 through 2028. The ded...
MyCPA LLP Admin
Personal theft losses generally aren’t deductible unless they’re attributable to a federally declared disaster. Even then, the write-off is available o...
MyCPA LLP Admin
In the lead-up to this year’s tax filing season, which officially begins on Jan. 26, the IRS has announced significant leadership and operational changes...
MyCPA LLP Admin
The One Big Beautiful Bill Act reshapes charitable tax planning for 2026. Itemizers can still deduct gifts to qualified charities, but only the amount that...
MyCPA LLP Admin
Closing a business can be overwhelming. But don’t let tax duties fall through the cracks. File a federal income tax return for your business’s final ye...
