by somichcpa | May 4, 2020 | Individual Taxes, Tax Tips
COVID-19 uncertainty abounds. Thankfully, by monitoring tax changes on your behalf, we can work together to navigate the right path for you and your family. Here is a round-up of tax-related laws and information to help with tax planning for 2020. Early distribution...
by somichcpa | Apr 26, 2020 | Financial Planning, Individual Taxes
The Cares Act is continuing to provide program letters on the expanded unemployment benefits. This has not been fully implemented across the country and it will be administered by each state’s local benefits programs. Fortunately, Ohio is one of the states that...
by somichcpa | Apr 11, 2020 | Business, Corporate Taxes
Families First Coronavirus Response Act provides worker benefits The Families First Coronavirus Response Act is a new law passed last week that offers COVID-19 assistance for both employees and employers. This new law provides businesses with fewer than 500 employees...
by somichcpa | Apr 11, 2020 | Individual Taxes
The April 15 federal income tax filing due date has been moved to July 15, the U.S. Treasury Department and IRS recently announced. Here is what you need to know: The due dates for all tax payments normally due April 15 have been pushed back 90 days to July 15,...
by somichcpa | Apr 6, 2020 | Uncategorized
Here’s what you need to know about stimulus payment processing in order to protect yourself from scammers:Be alert for phone scams The Internal Revenue Service (IRS), Treasury Department, or any other government agency will not contact you by phone to collect...