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Tax Season Update

Tax Season Update

We all know that this year started out as anything but normal and now with the recent freezing temperatures, power and water outages, the trend continues. Tax Season Extended for Texas – June 15, 2021 Due to this winter storm, the Internal Revenue Service (IRS) has...
COVID-19 Tax Deadline Updates

COVID-19 Tax Deadline Updates

As you know, the COVID-19 pandemic has shut down much activity in the United States. The IRS decided to use its authority in a national emergency to postpone certain tax return filings and payments. This change affects every one of you, and the rules are tricky—after...
What’s the Deal with the COVID-19 Tax Extension?

What’s the Deal with the COVID-19 Tax Extension?

***EDIT: On 3/20/2020, “All taxpayers and businesses will have this additional time to file and make payments without interest or penalties,” Mr. Mnuchin said on Twitter.*** Here’s the short and sweet answer: The tax-filing deadline will remain April 15, but the IRS...

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