Apr 6, 2021 | Tax Credit, Tax Deductions, tax season
Tax season is here and sadly, taxes are an annual occurrence for most of us. With all of the changes to our current economy, it is easy to forget some minor details. There are some slight changes to tax policy since this year was the start of a new administration...
Mar 18, 2021 | tax season
The Treasury Department and Internal Revenue Service announced on March 17, 2021 that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. The IRS will be providing formal...
Dec 10, 2020 | COVID-19, tax season
Taxes 2020 Many people start planning for their taxes in the Winter months. We begin to think about taxes around the holidays and gathering our tax records towards the end of the year. You may be at home right now with lots of free time creating plenty of time to...
Mar 20, 2020 | IRA, tax season
U.S. Treasury Secretary announces on Twitter This morning, U.S. Treasury Secretary Steven Mnuchin announced via Twitter: “At @realDonaldTrump’s direction, we are moving Tax Day from April 15 to July 15. All taxpayers and businesses will have this additional time...
Feb 12, 2020 | tax season
Gathering records before preparing tax return makes filing go smoother. As taxpayers are getting ready to file their taxes, one of the first things they’ll do is gather their records. To avoid refund delays, taxpayers should gather all year-end income documents before...
