Friday, May 3, 2024
Happening Now

Tag Archives: IRS

Tax Deadline Extended Due To Stimulus Package

The deadline to file taxes has been extended by just over a month, providing relief to people filing and preparing taxes this season. Cannon, Clark, Holman & Associates CPA Jim Cannon said the latest stimulus package played into moving the deadline to May 17. Cannon said the IRS also started processing tax returns two weeks later into the season. “They ... Read More »

Crunch Time: Taxes Due Wednesday

July 15 is the new April 15 in 2020. And taxpayers are down to less than 48 hours to submit tax returns. Maxx Taxx Owner Danielle Herren said if you cannot file your taxes by Wednesday, you can submit an extension to file. Herren said that is not an extension to pay. “It’s going to be tough to get a ... Read More »

Confusion Over Stimulus Checks Common

As COVID-19 stimulus checks arrive in local accounts, confusion surrounding the payment’s affect on taxes continues. Certified Public Accountant Jennifer Phipps said, despite rumors to the contrary, the stimulus money is not directly connected to your tax returns. “The reason why I think people are thinking it is something related to your future income taxes is because this is actually ... Read More »