Tax Return Due Dates

Tax Return Due Dates

https://youtu.be/t0SZVG7x7Oo Everybody knows about the April 15th tax deadline for individual income tax returns, but did you know that it can be extended? And do you know when your business’s tax return is due? The Automatic, “No biggie” Tax Return Extension It’s April 3rd, work is a disaster, and your house is flooded because a pipe just burst in your basement. You just don’t have time for this whole tax thing, and it’s stressing you out. You need more time but you hear the IRS is pretty strict about things. You’re not wrong — the IRS can be pretty strict.…
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What Does It Mean When You Sign Your 8879?

https://youtu.be/2ArMgKcUxSU What Does It Mean When You Sign Your 8879? Think back to the last time you had someone (hopefully us) complete your taxes for you. One of the most important steps you had to do for your tax preparer was to sign your 8879. Now, this is important: tax preparers operate under the assumption that you have read and fully understand the 8879. We can do a lot of things for you, but we can’t physically read the 8879 for you. We trust that every person who signs the form would have asked us questions about it if they…
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The SECURE Act and What It Means to You

The SECURE Act and What It Means to You

After spending several months languishing in an uncertain fate, the SECURE Act, which stands for Setting Every Community Up for Retirement Enhancement, just squeaked through Congress and a Presidential signature less than 2 weeks before the end of 2019. While the Act contains dozens of provisions, let’s focus on a few major categories, what they do, and why they were included in the Act. Employer Retirement Provisions One of the main focuses of the SECURE Act is to make retirement accounts available to more Americans. Several provisions included in the Act make it less expensive and easier for small businesses…
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