by Candy | Apr 14, 2020 | Taxes
Similar to previous years, the IRS had once again extended the deadline for sending health care statements such as Forms 1095-B (Health Coverage) and 1095-C (Employer-Provided Health Insurance Offer and Coverage) to individuals. Due to the requirements enacted by the...
by Candy | Mar 31, 2020 | News, Taxes
In response to the COVID-19 pandemic, the IRS recently announced that the tax deadline to file 2019 returns has been moved from April 15th, 2020 to July 15th, 2020. This change was publicized after President Donald Trump’s emergency declaration according to the...
by Candy | Mar 27, 2020 | Community, Featured, Taxes
With many small businesses struggling under the new regulations surrounding the global pandemic of COVID-19, also known as Coronavirus, the IRS has announced measures that it plans to take to assist entrepreneurs. If your business is considered small or medium...
by Candy | Mar 6, 2020 | Taxes
While preparing and filing your taxes might not be the most enjoyable experience, there is one facet of tax season that many businesses look forward to each year: refunds. If you have paid more than your fair share of taxes throughout the year and can prove so through...
by Candy | Feb 25, 2020 | Featured, Taxes
IRS Requires Tax Exempt Organizations to E-file Forms Due to a change in legislation, tax exempt organizations who previously filed hard copies of Forms 490 (Return of Organization Exempt from Income Tax,) 490-PF (Return of Private Foundation or Section 4947(a)(1)...
by Candy | Feb 11, 2020 | Featured, Taxes
In the event that you owe taxes to the IRS and do not have an arrangement to pay such as an extension, payment plan, offer in compromise, or “currently not collectable” status, the IRS may seek wage garnishment. IRS wage garnishments are funds taken directly out of...