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...
by somichcpa | Mar 30, 2020 | Business, Corporate Taxes, Individual Taxes, Retirement Planning
To date, we have helped 58 business owners, and families navigate through the CARES Act. And yes – it’s LAW. But we are still WEEKS away from this law becoming implemented fully. We must be proactive through this entire process! We’ll keep you updated daily via...
by somichcpa | Mar 19, 2020 | Business
The U.S. Small Business Administration (SBA) is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). We can assist you...
by somichcpa | Mar 10, 2020 | Individual Taxes, Tax Tips
Your kids are getting older. Before you know it they’ll be dating, driving and entering college (if they aren’t already!). Tax breaks drop dramatically as your children grow up, but you may be able to offset the losses with some timely tax planning. Consider the...
