BLACKBURN, CHILDERS & STEAGALL, CPAS

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July 24, 2017

How to Pay Federal Tax Payments Online

By Jill Bickford IRS DIRECT PAY Link: https://www.irs.gov/payments/direct-pay Using this method, the taxpayer will be asked to verify their identity by using a prior year tax return (Filing status, name, social, date of birth and address used on the tax return). Example: Verification year is 2016 – taxpayer will use 2016 information filed on that […]
July 5, 2017

TNPAWS – MAKING YOUR PAYMENT

By Sherri Dugger When you file your 2nd quarter Tennessee State Unemployment Tax Return via TNPAWS, please be aware that there are now only options available to file and PAY your Quarterly Wage and Premium Reports online. Paying online is not yet a mandatory requirement, however, it will be in the near future. If you […]
June 20, 2017

WHAT IS BASIS?

By Sarah Presnell WHAT IS COST BASIS AND WHY DOES IT MATTER? Determining basis can be confusing whether the transaction is simple or complex. It is easier to determine basis when an asset is first acquired rather than determining basis at the time the asset is sold. Therefore, the purpose of this article is to […]