The IRS Announces that July 15, 2020 is the New Tax Deadline!

As a part of the Coronavirus tax relief, the IRS has extended the tax filing and payment deadline.

In order to aid taxpayers, the tax filing deadline was extended. The IRS has stated that they are working with the Treasury and with Congress to help individuals during this time.

Many taxpayers will wonder if this new tax deadline has any limitations based on your tax situation.

Does this deadline apply to everyone?

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Don’t Be Fooled By These IRS Scams

IRS scams 2019

With the upcoming tax season, here are the tax changes for the 2020 tax season.

Scammers are targetting countless innocent taxpayers claiming to be the IRS.

First, these scammers attempt to impersonate IRS agents or organizations affiliated with the IRS, debt collectors, other government employees, and even the police. Once they get a hold of your personal information, they move onto another victim.

Here’s how to spot a fraudulent phone call and how to report it to the real IRS.

How they reach out to you

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Avoid These Mistakes If You’re A Small Business Owner

small business

Whenever tax time comes around, being a small business owner can be stressful.

You have to keep track of tax deadlines, distribute your employees’ income statements, and complete your business and personal tax return all at once.

With that in mind, you may slip up and make a few tax errors. Here are some common mistakes and how to avoid them.

Underpayment of estimated tax

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