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After you file your tax return: 3 issues to consider

After you file your tax return: 3 issues to consider

The tax filing deadline for 2019 tax returns has been extended until July 15 this year, due to the COVID-19 pandemic. After your 2019 tax return has been successfully filed with the IRS, there may still be some issues to bear in mind. Here are three considerations. 1....

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2020 – 06/29

2020 – 06/29

Taxpayers were given extra time to file and pay current tax liabilities, in response to the COVID-19 pandemic. Absent another extension, the deadline of July 15, is almost here. Those who owe a 2019 income tax liability as well as estimated tax for quarters one and...

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The IRS has issued a reminder that the 403(b) retirement plan extended remedial amendment deadline is fast approaching. Remedial amendment period actions that were otherwise required to be performed on or before March 31, 2020, must be taken by June 30, 2020. During...

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The Small Business Administration (SBA) continues to help businesses recover from the effects of the COVID-19 crisis. Taxpayers can apply for SBA loans through the Paycheck Protection Program (PPP) and, if they meet certain criteria, receive loan forgiveness....

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Some Economic Impact Payments (EIPs) were sent on prepaid debit cards. These EIP cards were sent in plain envelopes from “Money Network Cardholder Services.” Some recipients thought the envelopes were junk mail and they threw them in the trash. The IRS now explains...

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