A Message Regarding Tax Return Processing

The IRS extended the filing and payment of 2020 Individual Tax Return Form 1040 to May 17, 2021. This is due, in part, to the Coronavirus relief legislation passed earlier this year. While our office is working diligently to get the tax paperwork we’ve already...

A Message Regarding Tax Return Processing

The IRS extended the filing and payment of 2020 Individual Tax Return Form 1040 to May 17, 2021. This is due, in part, to the Coronavirus relief legislation passed earlier this year. While our office is working diligently to get the tax paperwork we’ve already...
Treasury, IRS provide guidance on tax relief for deductions for food or beverages from restaurants

Treasury, IRS provide guidance on tax relief for deductions for food or beverages from restaurants

On April 8, 2021, the Treasury Department and the Internal Revenue Service issued Notice 2021-25 providing guidance under the Taxpayer Certainty and Disaster Relief Act of 2020. The Act added a temporary exception to the 50% limit on the amount that businesses may...

Treasury, IRS provide guidance on tax relief for deductions for food or beverages from restaurants

On April 8, 2021, the Treasury Department and the Internal Revenue Service issued Notice 2021-25 providing guidance under the Taxpayer Certainty and Disaster Relief Act of 2020. The Act added a temporary exception to the 50% limit on the amount that businesses may...

IRS to recalculate taxes on unemployment benefits; refunds to start in May

WASHINGTON — To help taxpayers, the Internal Revenue Service announced today that it will take steps to automatically refund money this spring and summer to people who filed their tax return reporting unemployment compensation before the recent changes made by the...