Category: Tax Reform
Treasury and IRS to Issue Interest Payments
Per IR-2020-183, the Treasury and IRS have announced that interest payments will be sent to around 13.9 million individual taxpayers. Taxpayers who filed a 2019 return by the July 15, 2020, deadline and either received a refund in the past three months (or are...
Preparing for the Tax Filing Deadline: Things that You Can Still Do Before July 15, 2020!
We’re getting closer and closer to that July 15, 2020, date, but there are still things that can you can do to reduce your 2019 taxes. And when the IRS and the states actually extended the tax due date, they also extended just a number of other provisions. So, people...
Save the Date: The Tax Filing Deadline is Coming Up on July 15, 2020!
I just want to remind people that if you haven’t filed your tax return as of yet, those returns are going to be due in less than a month, or July 15, 2020. So what happens if someone can’t file before July 15? Is there an extension, and if so, how does that work? It...
COVID-19: Welcome PPP Changes
We recorded this show on June 9, 2020, and things are changing daily. So this is what we know as of the time of recording. In a welcome change to many business owners, Congress passed and the President signed what’s called the Paycheck Protection Program Flexibility...