What You Need to Know About the May 17th Tax Deadline Extension
On March 17th the IRS extended the filing deadline for individual tax returns for the 2020 tax year from April 15 to May 17. Since then, the IRS has issued…
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The American Rescue Plan Economic Impact “Stimulus” Payments
One of the highlights of the American Rescue Plan Act is another round of Economic Impact Payments (EIPs), also known as “stimulus checks”. Here is what you need to know…
The American Rescue Plan Act of 2021 Highlights
President Biden signed into law yesterday (Thursday March 11, 2021) the American Rescue Plan Act of 2021. This is the third major piece of tax legislation in the past twelve…
What Business Owners Need to Know About 1099’s
An important aspect of tax compliance for business owners is the requirement to file a 1099 for certain payments made during the normal course of business. If you are a business owner,…
Do You Need a Tax Professional to Prepare Your Taxes?
While many taxpayers may not require professional help to prepare their tax return, those taxpayers with even a modestly complex tax situation can often benefit from professional help. These benefits…
Tax Deadline Update
Last month, the IRS extended the April 15th payment deadlines and filing deadline to July 15th. Since then, they have also clarified that the June 15th estimated payment deadline has…