Taxpayers should file by July 15 tax deadline; automatic extension to Oct. 15 available
IRS has easy ways to help taxpayers who need more time or payment options

WASHINGTON ― The Department of the Treasury and IRS today announced the tax filing and payment deadline of July 15 will not be postponed. Individual taxpayers unable to meet the July 15 due date can request an automatic extension of time to file until Oct. 15.

IRS Eases 2020 Retirement Account Distribution Rules… Again!

Do you have any 2020 taxable retirement account distributions you’d like to put back and make nontaxable? You probably can. The CARES Act eased distribution rules when it became law March 27, 2020. The IRS has twice since eased the rules further.

PPP Loan Program Links to useful information and forms

At our June 17 “Ask the Accountant” webinar, we shared the links below for help in locating forms and instructions. The actual links are listed, for your ease of use in differing formats.