Please Note: These newsletters are published four times a year. Articles within them can ‘age’ or even become obsolete in the course of the quarter. For the most up to date tax law information, please read the 2015 Welcome Back Letter , my Blog or contact the office with any questions.
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July 15th 2020 Filing & Payment Deadline Approaching
In response to the COVID-19 (coronavirus) pandemic and the National Emergency declaration, the IRS and U.S. Treasury moved the deadline for filing 2019 federal tax returns and paying any tax due from April 15 to ...
IRS Economic Impact Payments – Veterans and Social Security/SSI Recipients Receiving Automatic Payments
The IRS is continuing to send COVID-19 Economic Impact Payments (EIPs, also called stimulus payments) to millions of Americans weekly. The vast majority of eligible recipients will get their EIPs automatically without taking any action. ...
Why Your Economic Impact Payment (EIP) Amount May Be Different Than You Expected
Throughout April and May, the IRS delivered well over 100 million Economic Impact Payments (EIPs, also called stimulus payments) to Americans. It was widely publicized that many individual taxpayers would receive EIPs in the amount ...
Scams Related to COVID-19 and Economic Impact Payments
The impacts of the COVID-19 (coronavirus) pandemic have caused economic hardship and uncertainty for millions of Americans. Unfortunately, scammers constantly seek new ways to target those in need. The IRS has therefore warned all Americans ...
Upcoming Tax Deadlines
June Day 10 Employees Who Work for Tips - If you received $20 or more in tips during May, report them to your employer. You can use Form 4070. 15 Employers - Nonpayroll withholding. If the monthly deposit rule applies, ...