Cooper Financial Solutions

02/05/2024

https://turbotax.intuit.com/tax-tips/family/rules-for-claiming-a-dependent-on-your-tax-return/L8LODbx94?gad_source=1&gclid=CjwKCAiAq4KuBhA6EiwArMAw1BZJ_aHC2wXItZVYTBCvoBQ_ykJqxU_kwfgOV1DowFb2KFd4XLIlHBoCvxYQAvD_BwE

Claiming dependents can help you save thousands of dollars on your taxes each year. Yet many of us aren't aware of who may qualify as our dependents.

12/03/2023

https://www.forbes.com/sites/matthewerskine/2023/01/17/get-ready-for-the-corporate-transparency-act/

Effective January 1, 2024, every existing, amended or new corporation, Limited Liability Company or other entity, report to the Financial Crimes Enforcement Network (FinCEN) all of its Beneficial Owners or face fines and possible jail time.

01/26/2022

Capital improvements can help increase the value of your home and provide a significant tax benefit. Learn more about how they affect you as a homeowner.

01/26/2022

https://www.foxbusiness.com/lifestyle/ppp-fraud-charges-ceo-celebrities-georgia

Charges were recently brought against several celebrities, entertainers and business leaders in Georgia for allegedly defrauding the Paycheck Protection Program for a total of more than $3 million.

01/25/2022

https://www.wxii12.com/article/north-carolina-state-tax-season-filing-delayed-ncdor-shares-filing-information/38874235 #

The delay means North Carolina will begin accepting and processing taxes several weeks after the start of the national tax season, which began Monday.

03/18/2021

https://www.yahoo.com/news/tracking-1-400-stimulus-check-150607450.html

What it means if you get an error message when trying to track your stimulus check.

03/13/2021

https://www-washingtonpost-com.cdn.ampproject.org/v/s/www.washingtonpost.com/business/2021/03/12/irs-tax-refund-delays/?amp_js_v=a6&_gsa=1&outputType=amp&usqp=mq331AQFKAGwASA%3D =16156568628573&csi=0&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.washingtonpost.com%2Fbusiness%2F2021%2F03%2F12%2Firs-tax-refund-delays%2F

Nearly 7 million tax filers are in limbo and facing substantial delays in getting refunds, as the Internal Revenue Service struggles to keep up with the demands of issuing stimulus checks and implementing a myriad of tax code changes from the coronavirus relief packages.

03/07/2021

https://www.yahoo.com/news/highlights-1-9t-covid-bill-172634287.html

The Senate approved a sweeping pandemic relief package over Republican opposition on Saturday, moving President Joe Biden closer to a milestone political victory that would provide $1,400 checks for most American and direct billions of dollars to schools, state and local governments, and businesses....

02/20/2021

https://www.fox9.com/news/absolutely-stunned-businesses-face-minnesota-tax-hit-from-ppp-loans

Some Minnesota business owners are finding that the forgivable PPP loan they received during the pandemic is subject to the state's corporate income tax.

02/11/2021

02/10/2021

This week, the IRS will start to collect taxes, but before you file, know there are a number of changes this year.

02/09/2021

If you became a gig worker during the pandemic, beware: Your taxes just got more complicated. Here's how - and what to do.