Paper Tax Return: The IRS Will Not Open Your Mail Right Away IRS Paper Tax Returns are just another item on the list that coronavirus is affecting our lives? The Internal Revenue Service has completely flipped … Read More
May 2020 Live Updates and News The world continues to shift with all the economic changes and fallout of COVID-19 outbreak. This is hitting people personally and professionally. Businesses are prematurely opening without authorization of the … Read More
Worthtax Has the Latest COVID-19 Economic News As the whole world grapples with the personal, professional, and economic fallout of the COVID-19 outbreak, we want to help our tax and small business clients stay up-to-date on … Read More
Are You Wondering Where Your Stimulus Check Is? The IRS has a new direct deposit tracking tools to look up and track it. Also, you can update your direct deposit information. We strongly suggest that when … Read More
Coronavirus Resource Guide for Business This Covid-19 Resource Guide for Business is to keep you up to date during the Covid-19 pandemic. Our goal to keep supporting the health, safety, and prosperity of our clients in … Read More
IRS Extends Over Tax Filing Deadlines According to Treasury Secretary Steven Mnuchin, “Treasury and the IRS are extending tax deadlines.” These deadlines include the “fiscal year businesses, tax-exempt organizations and more than 270 other tax-related deadlines.” … Read More
People Are asking, “Will Working From Home During Covid-19 Save Me Money On My Taxes?” Most people know that the best way to reduce your tax liability is through deductions and tax credits. Even if you … Read More
Massachusetts Extends the Tax Filing Deadline for 2019 Income Tax The announcement Massachussetts income tax filers have all have been waiting for has come through from Govenor Baker’s office. The deadline for tax filing in Massachusetts … Read More
Dear Valued Clients and Prospective Clients, As the Coronavirus disease (COVID-19) emergency continues to grow, we are sharing with you our office policy and the latest Coronavirus emergency news as it pertains to this tax season. … Read More
Estate and Gift Tax Lifetime Exclusion Amount The Tax Cuts and Jobs Act (TCJA, often referred to as tax reform) generally went into effect in 2018. Tax Reform increased the federal estate and gift tax lifetime … Read More