A record number of Americans applied for unemployment compensation this year due to the COVID-19 outbreak. Lawmakers passed the CARES Act in March, which boosted unemployment benefits across the country and expanded eligibility for benefits. With many new terms and guidelines, taxpayers should prepare for the upcoming tax season to avoid unexpected bills on their tax … [Read more...] about What you need to know about your unemployment benefits
Abandoned – a term that strikes fear and pain. In addition to the emotional distress incurred by an abandoned spouse or one in the midst of a messy divorce, the Internal Revenue Service strikes you as ineligible for many credits and deductions when you file your income taxes as married filing separately. “There’s a myriad of tax benefits that are automatically lost the … [Read more...] about Where law and taxes intersect
Tax season is upon us. It’s time to gather the documents, be aware of any changes that affect you and decide how you’ll file. Dr. Kerri Tassin, assistant professor in the School of Accountancy at Missouri State University, offers taxpayers some helpful tips and advice. It's tax time Read the full transcript Once again this year, Missouri State accounting students will … [Read more...] about Filing your taxes: some tips and advice
Missouri State University and Evangel University have strengthened and expanded their cooperative relationship, making it easier for Evangel students to enroll in MSU’s accelerated master’s programs in business, accounting and cybersecurity. A new memorandum of understanding (MOU) for each of the three programs was signed in July. “Because Evangel students have been such a … [Read more...] about MSU, Evangel enhance accelerated options for students
The 2019 tax return filing season is here, and there are some major changes thanks to the Tax Cut and Jobs Act. From updates to tax rates to deductions and more, filing your taxes this year can seem a bit more daunting than in years past. Dr. Kerri Tassin, assistant professor in the School of Accountancy at Missouri State University, highlights what taxpayers should look out … [Read more...] about What to pay attention to this tax season