Tax Day for individuals pushed back to May 17

Tax Day for individuals pushed back to May 17

Individual taxpayers now have until May 17, 2021 to file their 2020 federal income tax returns and make payments without penalties and interest, regardless of the amount owed. The Treasury Department and Internal Revenue Service (IRS) announced the official deadline...
What the Biden Administration’s First Tax Relief Legislation May Mean to You

What the Biden Administration’s First Tax Relief Legislation May Mean to You

The American Rescue Plan Act of 2021 brings a third round of economic stimulus checks, along with $1.9 trillion in COVID relief to the economy. President Joe Biden signed the American Rescue Plan Act of 2021 into law on Thursday, March 11. It’s a massive piece...
Tax Season: Safe Document Destruction

Tax Season: Safe Document Destruction

Tax season is a great time of year to clean out your filing cabinet; you are sorting through files, digging up paperwork, and deciding what to save and what to toss. Here are some items to consider for disposal: Bank and Brokerage Statements (because 10 years of...