This article was published by the IRS. The federal income tax filing due date for individuals for the 2020 tax year has been automatically extended from April 15, 2021, to May 17, 2021. The IRS will be providing formal guidance in the coming days. "This continues to be a tough time for many people, and the [...]
With stay-in-place guidelines extended due to the continuing spread of coronavirus, our offices will remain closed to the public at least through April 30, 2020. We have (understandably) been receiving many questions from our clients about taxes, as well as asking for clarification about recently enacted legislation impacting both individuals and small businesses. Unfortunately, we do [...]
[youtube https://www.youtube.com/watch?v=QNhweudHEWw]We are coming down to the wire – Tax Day is now just a day away. While most people have already filed their taxes, others are only just now ready to file. Still, there are those who will need to file an extension. The reasons for filing an extension are many, but are often due [...]
[youtube https://www.youtube.com/watch?v=x7jK9nq1CcQ] Own a small business? Trying to brainstorm to make sure you remember all the details you need to pull together at year end for tax season? Here are a handful of useful tips to keep in mind over the next few weeks and months. Document Donations - Make sure you keep a record of [...]
