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 | 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...
by Jonathan Bill | May 20, 2019 | IRS, Tax Season
The Tax Cuts and Jobs Act (TCJA) was announced with much fanfare at the end of 2017. The Act amended the Internal Revenue Code of 1986, including reducing tax rates for businesses and individuals. It simplified personal tax by increasing the standard deduction and...
by Jonathan Bill | Dec 6, 2016 | Tax Season
Get Ready for Tax Season! Are you ready for tax time? There are a couple of steps you can take now to alleviate some of the stress of filing your return. Plan to get organized early. Begin by putting together a tax folder with W-2s from your employer, 1099s for other...
