Tax Season & Filing

IRS EXTENDS FIRE VICTIMS TAX DEADLINES

IRS extends fire victims tax deadlines. Internal IRS Revenue publication 2022-01, the IRS has extended the filing deadline until May 16, 2022, for victims of the wildfires in COlorado. This applies to both individual and business tax returns a... Read More

TORNADO VICTIMS TAX FILING DEADLINES

Tornado victims tax filing deadlines. Victims of tornadoes in parts of Tennessee will have until May 16, 2022, to file various individual and business tax returns and make tax payments. This is the same relief already provided to storm victims ... Read More

BACK TO SCHOOL SALES TAX HOLIDAY

Back to school sales tax holiday. With the government trying to kickstart the economy into gear after the Covid pandemic's onslaught on the U.S. economy, the Biden Administration and many local government's are doing what they can to give tax b... Read More

IRS EXTENDS TAXPAYER ADVOCACY DEADLINE

IRS extends taxpayer advocacy deadline. With budget cuts rampant in the government over the last few decades, due to a increasing budget deficit, the IRS has seen its share of cutbacks in funding for over 20 years. The shortfalls have led to a ... Read More

SHOULD TAX DEADLINE BE PUSHED BACK FURTHER

Should tax  deadline be pushed back further. After a brutal tax year, fighting thru COVID-19, changes to the Tax Code due to President Trump's Tax Cuts and Jobs Act, then President Biden's $1.9 trillion stimulus bill, and administering the stimulu... Read More

IRS DELAYS FILING DEADLINE ONE MONTH

IRS delays filing deadline one month. The IRS said it's pushing the tax filing deadline from April 15th, to May 17th. After hearing from multiple Senators and many tax professionals about the strain of the filing season, due to the COVID pandemic.... Read More

TAX FILING DELAY SHOULD BE LONGER

Tax filing delay should be longer. Many tax professionals welcomed the Internal Revenue Service stating it was going to hold off on the April 15th tax filing deadline and payment deadline until May 17th, 2021, but stated that the date should have ... Read More

AMERICANS FILING TAX RETURNS QUICKLY

Americans filing tax returns quickly. Americans are not messing around this tax season. In just one week since the tax filing period opened on February 12th, the IRS received nearly 35 million individual tax returns, according to data released by ... Read More

SHOULD YOU WAIT BEFORE FILING RETURN

Should you wait before filing return. Multiple tax breaks that are available should be looked at prior to filing your tax return, to take advantage of potential savings for taxpayers. Some of these came with the newly enacted American Rescue Plan,... Read More

FRENZY OF TAX FILING FOR TAX REFUNDS

Frenzy of tax filing for tax refunds. People are filing their taxes at a blistering pace so far this year, underscoring how serious Americans are about getting any tax refund due or any stimulus check money they missed last year. The IRS began acc... Read More