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Reminder: File 2019 and 2020 returns by Sept. 30 

The Internal Revenue Service today reminded struggling individuals and businesses, affected by the COVID-19 pandemic, that they may qualify for late-filing penalty relief...

Plug-In EV Credit

New Final Assembly Requirement If you are interested in claiming the tax credit available under section 30D (EV credit) for purchasing a new...

October 17: Extension Deadline

This year, the IRS received over 19 million requests for tax extensions. If you chose to file an extension request on your tax...

Business Tax Extension Filing Deadline

S-Corps & Partnerships: Remember that the deadline for filing your extension is this Thursday! September 15

First-time homeowners

Making the dream of owning a home a reality is a big step for many people. Whether a fixer-upper or dream home, homeownership...

Student Loan Forgiveness: for borrowers who need it most

How much debt is getting canceled? Biden announced last month that most federal student loan borrowers will be eligible for some forgiveness: up to $10,000...

Attention Teachers! Take advantage of this out of pocket expense opportunity.

As the new school year begins, the Internal Revenue Service reminds teachers and other educators that they’ll be able to deduct up to...

Truckers! Make sure to meet your Highway Vehicle Tax Deadline

The Internal Revenue Service today is reminding those who have registered, or are required to register, large trucks and buses that it’s time...

IRS Provides Automatic Penalty Relief on both 2019 and 2020 tax returns

To help struggling taxpayers affected by the COVID-19 pandemic, the Internal Revenue Service today issued Notice 2022-36, which provides penalty relief to most people...
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