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Early Closing Due to Weather Alert
Our office will close at 2:00 pm CDT due to severe winds and lightning in the Arab area.
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Don’t Delay, Just Because You Can
Everyone knows the April 15th tax filing deadline was extended to May 17th, but… There are many reasons that you should go ahead and file as soon as possible, even if you think will owe additional taxes. Although the federal government is giving everyone this additional 30 days to pay, the State of Alabama will…
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Easily Scan Documents with iPhone
Some tax documents should be scanned rather than photographed before uploading to us. Occasionally we have problems enlarging photographed documents to a readable state. If you have a photograph of a document you are sending to us, be sure to select “Original Size” or “Large” when your iPhone asks what size you want to send.…
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Tax Filing Deadline Extended 30 Days, but…
This relief does not apply to estimated tax payments that are due on April 15, 2021. These payments are still due on April 15. Taxes must be paid as taxpayers earn or receive income during the year, either through withholding or estimated tax payments. In general, estimated tax payments are made quarterly to the IRS…
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2021 Economic Impact Payment Status
Find when and how the IRS sent your 2021 Economic Impact Payment with the Get My Payment tool. IRS, Treasury disbursed 90 million Economic Impact Payments from the American Rescue Plan The first batch of payments were mostly sent by direct deposit, which some recipients started receiving this past weekend. As of today, all recipients…
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The Best-Laid Plans…
of mice and men often go awry. That old Scottish proverb reminds us that things don’t always go as planned. Robert Burns wrote the poem “To a Mouse” in 1786. I was reminded of Burns’ poem back in early December when I was having all of the very old trees on the south side of…
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IRS Statement
American Rescue Plan Act of 2021 March 12, 2021 The IRS is reviewing implementation plans for the newly enacted American Rescue Plan Act of 2021. Additional information about a new round of Economic Impact Payments, the expanded Child Tax Credit, including advance payments of the Child Tax Credit, and other tax provisions will be made…
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Economic Impact Payments
IRS begins delivering third round of Economic Impact Payments to Americans WASHINGTON – The Internal Revenue Service announced today that the third round of Economic Impact Payments will begin reaching Americans over the next week. Following approval of the American Rescue Plan Act, the first batch of payments will be sent by direct deposit, which…
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Deferred Payroll Taxes
What employers need to know about repayment of deferred payroll taxes… To give people a needed temporary financial boost, the Coronavirus, Aid, Relief and Economic Security Act allowed employers to defer payment of the employer’s share of Social Security tax. IRS Notice 2020-65 allowed employers to defer withholding and payment of the employee’s Social Security…
