IRS provides helpful Q&A addressing the filing extension The Internal Revenue Service has released a helpful Q&A on their website addressing questions and concerns regarding the automatic filing and payment dates due to the Coronavirus Disease. You can click the link below to learn more. As more
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Although the 2019 income tax filing deadline for Arizona has been automatically extended to July 15th, the deadline for making State tax credit donations is still April 15th. If you plan to take advantage of redirecting your 2019 Arizona tax dollars, you will want to do this
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Arizona moves state income tax filing deadline to July 15 The Arizona Department of Revenue has announced it will join the Internal Revenue Service with moving the income tax filing deadline to July 15th. Click the link below to read more about this change. We will continue
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IRS moves federal income tax filing deadline to July 15 The Internal Revenue Service has announced it has moved the federal income tax filing deadline to July 15th. Click the link below to read more about this change. There has still been no release from the states
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IRS provides extension for federal income tax payments due April 15 On March 17, 2020, Treasury Secretary Steven Mnuchin announced that certain tax payments could be postponed without interest or penalty. For Taxpayers, the due date for making federal income tax payments due April 15, 2020, up
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New IRS Identity Theft Website The Internal Revenue Service (IRS) has announced it has launched a new website, designed to improve online access to information on identity theft and data security protection for taxpayers, tax professionals and businesses. Click here to access the new website.
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The Arizona Department of Revenue (ADOR) treats detecting and stopping fraud with paramount importance and reminds taxpayers that tax filing season is a time to be aware of identity thieves looking for ways to commit tax fraud. Click here for tips to prevent being the victim this tax filing season.
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It’s never too early to start planning for retirement, right? Have you thought about retirement planning for your children? We recently came across an article addressing retirement planning tips for your children with Roth IRAs. Click below to read more about this type of IRA and how
Read more →IRS to Begin Visiting Taxpayers The IRS has announced it will be visiting taxpayers who have ongoing tax compliance issues. They intend to focus effort in areas where there have been limited number of revenue officers available. Their primary goal for these visits is to make face-to-face
Read more →Good record keeping for your business Record keeping is an important part of running any business whether it be a side hustle or one pulling net profits of six figures. According to the IRS, good record keeping is just good business. A recent Tax Tip article from
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DOL Releases Final Overtime Exemptions Rule – Pescatore Cooper, PLC
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The Department of Labor has revised the Fair Labor Standards Act’s overtime exemptions, impacting executive, administrative, and professional employees. Starting July 1, 2024, the salary threshold f...