IRS Announces Extension to File Tax Returns
The IRS and Treasury Department announced the deadline for filing individual taxes for tax year 2020 has been extended to May 17th, 2021.
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What You Can Do Now To Prepare For Tax Season
For many, the 2020 tax season will likely look quite different. As we enter that time in the calendar year when we start thinking about tax-related topics, it becomes even more important to start organizing early.
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Being Tax Aware Now, Can Save You A Big Surprise At The End Of The Year!
Hints of Spring are starting to pop up and March Madness is just around the corner and all this can only mean one thing…income tax season is upon us. Whether you are receiving a W2 or 1099 or filling out a Schedule C or a Schedule A, there is a flurry of forms that you are receiving, sending, filling out, and signing for the IRS. If you are anticipating a refund you are probably moving forward with that quickly, and if you’re anticipating you owe money…you may not be moving quite as quickly. Of course, all the while being mindful of that April 15th due date.
