2020

  • IRS Reminds Taxpayers About Extension Deadline

    The IRS suggests electronic filing and payment options. More than 150 million tax returns have been sent to the Internal Revenue Service, but many taxpayers still need to file for tax year 2019. That’s why the IRS recently reminded taxpayers that the extension deadline is less than a month away. (Those serving in combat zones…

  • Aug. 31 is the Deadline to Return Distributions to Retirement Accounts

    IRA owners, beneficiaries and workplace retirement plan participants who got a Required Minimum Distribution (RMD) this year have until Aug. 31 to rollover or repay the distribution in order to avoid being taxed on the payments. The Coronavirus Aid, Relief, and Economic Security Act – also known as the CARES Act – waives RMDs during…

  • Truckers Reminded to e-File Highway Use Tax Return by August Deadline

    The Internal Revenue Service is reminding owners of most heavy highway vehicles to timely file their Form 2290, Heavy Highway Vehicle Use Tax Return. The highway use tax applies to those motor vehicles with a taxable gross weight of 55,000 pounds or more. Generally, this includes large trucks, truck tractors and buses. The tax is…

  • IRS Issues “Plus $500” Last Call for SSI, VA Beneficiaries with Dependents

    May 5, 2020, is the EIP-reporting deadline for SSI and VA beneficiaries with qualifying dependents. The Internal Revenue Service today issued a “plus $500” last call for Supplemental Security Income and Veterans Affairs beneficiaries who can claim dependents. After May 5, they will not be able to use the Non-Filers: Enter Payment Info Here tool…