The April 15 due date for paying estimated taxes remains for the first quarter of 2021.
The April 15 due date for paying estimated taxes remains for the first quarter of 2021. Read More
The April 15 due date for paying estimated taxes remains for the first quarter of 2021. Read More
IRS extends the deadline for filing individual tax returns to May 17, 2021 Read More
IRS pushes back the start of the new filing season as the agency keeps working through 2019 returns. The agency has pushed back the start of filing to Feb. 12 for returns for the tax year 2020. Click the link below to read the entire article. https://digitaledition.courant.com/infinity/article_share.aspx?guid=cc3143d9-1fc8-48b1-ae5d-a776753a600a
New legislation clarifies the tax implications for forgiven PPP loans and the associated expenses. read more…
Information on PPP Loan Forgiveness Changes, Relaxing Some Requirements
Information on New Employer Tax Credits for Employee Retention in 2020
IR-2018-251, December 14, 2018 WASHINGTON — The Internal Revenue Service today issued the 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2019, the standard mileage rates for the use of a car (also vans, pickups or panel … Read more
IRS Tax Tip 2018-175, November 13, 2018 The IRS reminds taxpayers there are steps they can take now to make sure their tax filing experience goes smoothly next year. Taking these steps will also help them avoid surprises when they file next year. To help get people the information they need, the IRS just updated … Read more
Consumer Alerts on Tax Scams Note that the IRS will never: Call to demand immediate payment using a specific payment method such as a prepaid debit card, gift card or wire transfer. Generally, the IRS will first mail you a bill if you owe any taxes. Threaten to immediately bring in local police or other … Read more