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Students and other young people who earn summer income, including gig economy and other self-employment income, should prepare now for potential federal tax obligations. In

Attention Business Owners and Individuals who filed an Extension on your 2021 Income Tax return. Your deadlines of September 15th, 2022 for business, and October 14th, 2022 for personal are quickly approaching.  RTW

Here is an answer to one of the most common questions about the new over $600 1099-K rule. Why have I never gotten 1099-K forms

Here is an answer to another one of the most common questions about this new over $600 1099-K rule. When will I receive a 1099-K

Here is an answer to one of the most common questions about this new over $600 1099-K rule. Do payments from friends and families (splitting

In ordinance with our government holiday calendar, our offices will be closed for operation on Monday, July 4th, and will resume all in-office work on

A new IRS rule may affect millions of taxpayers who receive payments through third-party processors like PayPal, Venmo, Zelle and Square. The rule applies to

The IRS has added a new feature to the “Where’s My Refund?” tool, available online (link below) and in the IRS2Go mobile app. Previously, you

We would like to thank you for choosing RTW Xxact Enterprises for your financial needs. We value your business and as we continue moving through the year

On Tuesday, the Ohio Supreme Court announced that it will hear a case which targets municipal tax refunds that were denied to otherwise qualified remote