Gig Worker Taxes

The IRS has extended the filing deadline from 4/15/2021 to 5/17/2021, so taxpayers have an extra month to file. Schedule a free video consultation with us to discuss your tax filing needs.

Tax Day for individuals extended to May 17: Treasury, IRS extend filing and payment deadline | Internal Revenue Service IR-2021-59, March 17, 2021 — The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021.

Did you receive Form 1099-G even though you didn't collect unemployment benefits? If so, you may be a victim of identity theft.

People should be on the lookout for identity theft involving unemployment benefits | Internal Revenue Service COVID Tax Tip 2021-24, February 24, 2021

Per the Taxpayer Bill of Rights, you have the right to pay no more than the correct amount of tax. Read on for more information.

All taxpayers have the right to pay no more than the correct amount of tax | Internal Revenue Service Tax Tip 2021-23, February 23, 2021

To itemize, or not to itemize. That is the question.

Things taxpayers should know when choosing between standard and itemized deductions | Internal Revenue Service COVID Tax Tip 2021-22, February 22, 2021

The IRS automatically provides filing and penalty relief to any taxpayer with an IRS address of record located in the TX disaster area.

Victims of Texas winter storms get deadline extensions and other tax relief | Internal Revenue Service IR-2021-43, February 22, 2021 — Victims of this month’s winter storms in Texas will have until June 15, 2021, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today.

The IRS reminds taxpayers that the fastest way to get their tax refund is by filing electronically and choosing direct deposit. Direct deposit is free, fast, simple, safe and secure. Taxpayers can even split their refund to have it deposited into one, two or three different accounts.

Gig Worker Taxes is registered with the IRS to electronically sign and file your return with direct deposit straight into your account(s).

Get a federal tax refund faster with direct deposit | Internal Revenue Service IR-2021-19, January 22, 2021 — The Internal Revenue Service today reminds taxpayers that the fastest way to get their tax refund is by filing electronically and choosing direct deposit.

The Internal Revenue Service is reminding those with income from a farming or fishing business can avoid making any estimated tax payments by filing and paying their entire tax due on or before March 1.

IRS reminds farmers and fishers of March 1 tax deadline | Internal Revenue Service IR-2021-42, February 19, 2021 — The Internal Revenue Service is reminding those with income from a farming or fishing business can avoid making any estimated tax payments by filing and paying their entire tax due on or before March 1.

Employers may allow participants to carry over unused amounts in FSA and Dependent Care accounts under this new law. Click below for more information.

New law provides additional flexibility for health FSAs and dependent care assistance programs | Internal Revenue Service IR-2021-40, February 18, 2021 — The Internal Revenue Service today provided greater flexibility, due to the pandemic, to employee benefit plans offering health flexible spending arrangements (FSAs) or dependent care assistance programs.

Whether it's a side business or a primary source of income, all taxpayers need to understand how their gig work affects their taxes.

Taxpayers must report gig economy income on their tax return | Internal Revenue Service COVID Tax Tip 2021-21, February 18, 2021

The first step of tax preparation is gathering records. Are you ready? Click below to read a few suggestions from the IRS on how to prepare for tax filing.

The first step of tax preparation is gathering records | Internal Revenue Service COVID Tax Tip 2021-16, February 9, 2021

Taxpayers with dependents who don't qualify for the child tax credit may be able to claim the credit for other dependents. Read this IRS Tax Tip for more information.

What taxpayers need to know about claiming the credit for other dependents | Internal Revenue Service Tax Tip 2021-18, February 11, 2021

Most people who are eligible for the Recovery Rebate Credit have already received it, in advance, as "Stimulus" Payments. If individuals didn't receive a payment – or if they didn’t receive the full amounts – they may be eligible to claim the Recovery Rebate Credit and must file a 2020 tax return.

As required by law, all first and second Economic Impact Payments issued; eligible people can claim Recovery Rebate Credit | Internal Revenue Service IR-2021-38, February 16, 2021 — The IRS announced today that, as required by law, all legally permitted first and second round of Economic Impact Payments have been issued and the IRS now turns its full attention to the 2021 filing season.

Good news for educators.

Educators can now deduct out-of-pocket expenses for COVID-19 protective items | Internal Revenue Service IR-2021-28, February 4, 2021 — Eligible educators can deduct unreimbursed expenses for COVID-19 protective items to stop the spread of COVID-19 in the classroom.

Gig Worker Taxes is a licensed CPA firm registered with the IRS to electronically file your return so you can get your refund quickly. You can verify our credentials online with the IRS as well as the Department of Business and Professional Regulation. We are real people who would never "ghost" you, so schedule a free video consultation to discuss your tax needs live with a licensed CPA.

IR-2021-30: Beware of ‘ghost’ preparers who don’t sign tax returns WASHINGTON – The Internal Revenue Service reminds taxpayers to avoid “ghost” tax return preparers whose refusal to sign returns can cause a frightening array of problems. It is important to file a valid, accurate tax return because the taxpayer is ultimately responsible for it.

The IRS announced they will begin accepting and processing 2020 tax returns on Friday, February 12th. Are you ready? Now is a good time to start gathering your documents and talking to your CPA about your taxes! Schedule a FREE video consultation with Gig Worker Taxes to discuss your filing needs.

https://www.irs.gov/newsroom/2021-tax-filing-season-begins-feb-12-irs-outlines-steps-to-speed-refunds-during-pandemic

2021 tax filing season begins Feb. 12; IRS outlines steps to speed refunds during pandemic | Internal Revenue Service IR-2021-16, January 15, 2021 — The Internal Revenue Service announced that the nation's tax season will start on Friday, February 12, 2021, when the tax agency will begin accepting and processing 2020 tax year returns.

Gig Worker Taxes updated their phone number.

Gig Worker Taxes updated their business hours.

Gig Worker Taxes updated their website address.