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Safe Harbor Clarifies QBI Deduction for Some Rental Properties

by Reliance Tax Service | Sep 27, 2019 | Tax Tips and News

Taxpayers interested in taking the section 199A qualified business income deduction (QBI) for their rental property will be happy to learn that the IRS announced a finalized safe harbor rule this week.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Tax Relief Available When Disaster Strikes

by Reliance Tax Service | Sep 26, 2019 | Tax Tips and News

While current weather patterns point to an active hurricane season, the IRS wants taxpayers to know that disaster assistance and tax relief measures are in place should a natural disaster strike.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Tax pros should create recovery plan and report thefts immediately

by Reliance Tax Service | Sep 13, 2019 | Tax Tips and News

Tax pros should create recovery plan and report thefts immediately Tax Tip 2019-126, September 12, 2019 Tax Tip 2019-126, September 12, 2019 (Feed generated with FetchRSS) – Story provided by IRS Tax Tips…

IRS Waives Estimated Tax Penalty for Eligible 2018 Filers

by Reliance Tax Service | Sep 12, 2019 | Tax Tips and News

For some taxpayers paying estimated taxes who have filed their 2018 tax returns there’s a little bit of bad news—and some good news.The bad news is they failed to claim the special waiver that would… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Tax Tips for New Business Owners

by Reliance Tax Service | Sep 11, 2019 | Tax Tips and News

Owning your own business can be a very rewarding experience. The process of starting a business, however, can seem overwhelming to the uninitiated.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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About Us

Reliance Tax Service
PH: 850.260.0185

2403 w Cervantes
Pensacola, FL 32505

Recent Posts

  • A Little Preparation Now Means Smooth Tax Filing Later
  • IRS Recommends Direct Deposit for Fast and Flexible Tax Refunds
  • Employers Can Withhold, Make Payments of Deferred Social Security Taxes from 2020
  • IRS Notice Extends Relief for Qualified Opportunity Funds and Investors
  • Filing Season Set to Begin Feb. 12

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