IRS Trouble Solvers - January 2024

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Explore the Celestial Highlights of 2024 Keep Your Eyes to the Sky You could easily miss a lot happening above our atmosphere if you didn’t stay up late or watch the news beforehand. Once the sun sets tonight, look up at the sky. As long as you’re not in an area with heavy light pollution, you should be able to see brilliant constellations. On some nights, you may even see more than you expected. No, we’re not talking about UFOs or little green men but about naturally occurring phenomena deep in outer space.

It’s the beginning of a new year and a time for renewal, personal growth, and New Year’s resolutions. It’s a time to assess your goals and plan habits to realize your dreams. This fresh start is also the time to focus on your financial and business aspirations by setting goals to prepare for an incredible year. It’s also a time for those with quarterly estimated tax payments to pay their taxes. Here at IRS Trouble Solvers, we urge you to resolve to keep current with your estimated tax payments.

Earnings not subject to federal withholding, including capital gains, prizes, non-wage earnings, and freelance income, are subject to estimated tax payments. Without the benefit of federal and state withholdings, many people are forced to guess what they owe, leading to many underpayments.

Several unique events take place in 2024. Here are the highlights you don’t want to miss!

Underpaying taxes can lead to a host of expensive

problems. The IRS

Meteor Showers Seeing a shooting star is magical, but witnessing a meteor shower is awe- inspiring. Meteor showers occur when interstellar dust particles enter our planet’s atmosphere at high speeds. The first meteor shower of the year is the Quadrantids Meteor Shower, which should take place a few days after New Year’s, but if you miss it, you won’t have to wait long to see another. April, May, July, August, October, and November should also have meteor showers. Be aware that if the moon shines too brightly, you likely won’t be able to see the meteors. Saturn Looking at other planets can be fascinating but not always possible, especially without a telescope. Thankfully, you won’t need a telescope to see Saturn and its rings on Sept. 8. Once the sun sets, head outside and look to the east. You should see a bright yellow star that’s not usually visible. That’s Saturn! Total Lunar Eclipse You won’t have to wait until night to see this rare occurrence. On April 8, the moon will pass perfectly between the Sun and Earth, creating an eclipse. Residents of Texas, Oklahoma, Arkansas, Missouri, Illinois, Kentucky, Indiana, Ohio, Pennsylvania, New York, Vermont, New Hampshire, and Maine will see a total eclipse for only a handful of minutes. The rest of the country will still see an eclipse, but it won’t be as extreme. The next total lunar eclipse won’t occur until August 2044, so get out there and see it this year! Just be sure to wear protective eyewear!

Baked Salmon

With Garlic and Lemon

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