Category: Tax News

  • 2020 E-Filing Deadline: November 21st!
    If you have had your tax appointment with us but for some reason have not sent back you e-file authorization signature pages, please do so because the IRS e-file system […]
  • FBAR Deadline Now 10/31/2020 – An Honest Mistake :)
    While wildfires and hurricanes were making October interesting, the FBAR deadlines for those affected was extended to October 31, 2020. However, when the notice was issued, the writer failed to […]
  • You Ready?! Oct. 15th Tax Deadline Around the Corner!
    October 15th is just around the corner and you might be part of that group scrambling to get your paperwork turned in to us to file your 2019 return. We […]
  • CA Worker Classification Laws Gone Bad
    This article does a good job of showing how the CA laws and court decisions making it harder to work as a contractor are harming those the law was supposed […]
  • The Payroll Tax Deferral – Just a Short-Term Loan
    Recently, the President signed an Executive Order allowing deferral of Social Security taxes starting with pay periods on or after September 1, 2020 until the last pay period ending December […]
  • IRS to Pay Interest on Some Delayed 2019 Tax Refunds
    Due to a quirk in the extension of the filing deadline, refunds paid after April 15th, 2020 for returns filed by July 15th, 2020, may come with some bonus interest. […]
  • Are COVID Assignments Exempt from Social Security Tax?
    We have received a number of messages asking if those working temporarily in COVID disaster areas are exempt from Social Security taxes and Medicare taxes (please see image below). It’s […]
  • Where’s My IRS Refund?
    You might be asking, where is my refund? Check out this article by USA Today regarding the IRS refund delays. Also remember you can go check the status of your […]
  • Canada Revenue Agency Extends Individual Deadline to Sept 30, 2020
    Wow- are we going to be done with these changes? Below is a link to the announcement of the extension from the Canada Revenue Agency
  • Another Deadline Extension???
    We have already had one, but one of the proposals for the next stimulus bill is to extend the filing deadline to September 15 or even December 15 Here is […]
  • Really Dumb Tax Articles
    I have been reading articles like the one linked below and it reminds me yet again, how really ignorant the media is about taxes (or anything else requiring some thought). […]
  • Free Housing for Front Line Workers
    We’ve had this question multiple times in the last 2 weeks. Here is the scenario: “My pay package includes a housing stipend because I am finding housing on my own. […]