With the wildfires in the west, hurricanes, and flooding in the southeast and eastern seaboard, we have had several presidentially declared disaster areas this year. Use the FEMA site to determine if you are within a federally declared disaster area. You can also use the Address Look-Up provided by the Federal government.
The normal April 15, 2021 filing deadline for 2020 individual tax returns was extended by the IRS to May 17, 2021 due to the continuing Covid-19 pandemic. If you could not complete your 2020 tax return … Read More
The vast majority of Americans get a tax refund from the IRS each spring, but what if you are one of those who end ends up owing?
Individual Planning Opportunities Did You Collect Unemployment Income This Year? If you did, you should be aware that it is taxable for federal purposes and that most states also tax unemployment benefits. Even if you had … Read More
by Alex Franch, Tax Specialist In 2012, Americans filed 145 million individual income tax returns. 1.4 million of those returns will receive some level of examination from the IRS. Here are a few ways to draw … Read More