by Jonathan Bill | Jun 7, 2021 | General Info, IRS, Personal
If you have one or more children age 17 or under, you may automatically begin receiving advance payments of the Child Tax Credit on July 15th. Roughly 39 million households — covering 88% of children in the United States — will begin receiving the payments as part of...
by Jonathan Bill | May 6, 2021 | General Info, IRS, Small Business
When you first start a business, you don’t know what you don’t know. This can be especially true when it comes to taxes. As a new business owner, you may not be aware of the many tax deductions available that can help take the sting out of starting up. The IRS defines...
by Jonathan Bill | Apr 21, 2021 | Biz Taxes, IRS, Tax Season
Tax Return Deadline: May 17 While the IRS has extended the federal income tax filing due date for individuals to May 17, we can no longer accept returns to meet that deadline. If we have NOT yet received your paperwork, we will be happy to file an extension for you....
by Jonathan Bill | Apr 13, 2020 | Biz Taxes, IRS, Tax Season
Notice #1: Additional Returns Postponed As previously announced, the IRS has provided filing and payment relief for federal income tax returns and payments due April 15, 2020. Last week, additional automatic (no application required) tax-filing and payment-deadline...
by Jonathan Bill | Apr 13, 2020 | GA Taxes, IRS, Personal, Small Business
The first round of stimulus money should start arriving this week for those who already have direct deposit set up with the IRS. But that’s just the beginning … the process could take several months to get money to every taxpayer — more than 100 million of us! Also,...
by Jonathan Bill | Feb 2, 2020 | IRS, Tax Season
This tax season, it’s estimated that the IRS will handle roughly 150 million returns. Chances are, you will never face an IRS audit — only 0.45% of taxpayers were audited last year. However, you may encounter other types of more-frequent IRS inquiries, such as...