Blog | ClickMyTax

Oct 222 min read

Beneficial Ownership Information Report (BOIR)

The US department of treasury has introduced this new compliance starting year 2024. Beneficial ownership information is reported to...

Nov 29, 20233 min read

2023 Year End Tax Saving Strategies for US Small Business Owners

Year 2023 is near ending. Below are some of the tax planning/saving strategies that you as small buisness owner should discuss with your...

Apr 8, 20231 min read

Tax deadline extension for residents of disaster affected areas in California

On Mar-17-2023 IRS announced that Victims of severe winter storms, flooding, landslides and mudslides in California, now have until...

Mar 25, 20212 min read

Third Round of Stimulus Checks

Below are common FAQs on this subject. 1. Who are eligible? a) Must be US Residents for Tax Purpose Generally all individuals other than...

Nov 24, 20202 min read

Penalty free distributions from Retirement Plans due to COVID-19

This blog discusses how individuals impacted by Covid 19 can take advantage of changes to retirement plan distributions rules. In...

Jun 20, 20204 min read

Individuals Moving from US to Canada

This blog is recommended for individuals recently moved or planning to move from US to Canada. It covers broad informational & actionable...

Apr 21, 20202 min read

Where Is My Stimulus Check?

In this blog, we have summaries common issues faced by taxpayers on the subject. 1. “Payment Status Not Available” / “We Cannot Determine...

Apr 10, 20202 min read

Paycheck Protection Program (PPP)

The Paycheck Protection Program (PPP) is a Small Business Administration (SBA) loan created to help businesses continue to employ their...

Apr 10, 20204 min read

Tax Relief Provisions for Businesses

Brief summary of tax relief provisions in the Coronavirus Aid, Relief and Economic Security (CARES) Act, and the Families First...

Apr 10, 20202 min read

Tax Relief Provisions for Individuals

Brief summary of tax relief provisions in the Coronavirus Aid, Relief and Economic Security (CARES) Act, and the Families First...

Apr 5, 20204 min read

IRS Recovery Rebates (Stimulus Checks)

IRS has announced to pay non-taxable recovery rebate payments to American Taxpayers. Please see below common FAQs on this subject. 1. Who...