by Patricia Parrilla Tax Services | Mar 25, 2020 | Tax Tips and News
IRS Taking Steps to Avoid Virus Spread While the delay of tax deadline day to July 15 has grabbed a lot of headlines, the IRS is continuing to look for ways to avoid spreading the coronavirus. The agency has shut down all Taxpayer Assistance Centers and discontinued...
by Patricia Parrilla Tax Services | Mar 23, 2020 | Tax Tips and News
The Treasury Department, along with the IRS and the U.S. Department of Labor, have unveiled a package of tax credits for small and midsize employers can use to “immediately and fully” reimburse them, dollar-for-dollar, for the cost of providing Coronavirus-related...
by Patricia Parrilla Tax Services | Mar 21, 2020 | Tax Tips and News
Last Updated: March 20, 2020 at 6:19 p.m. Treasury Secretary Steven Mnuchin announced on Friday, March 20, 2020 that the federal filing deadline was being moved to July 15, 2020 due to the COVID-19 outbreak. State departments of revenue are expected to follow suit, so...
by Patricia Parrilla Tax Services | Mar 20, 2020 | Tax Tips and News
Tax Day is now July 15! Treasury Secretary Steven Mnuchin announced on Twitter that taxpayers now have an additional 90 days to file their tax returns. On Tuesday, March 17, 2020, Mnuchin announced in the president’s coronavirus task force press conference that...
by Patricia Parrilla Tax Services | Mar 19, 2020 | Tax Tips and News
Taxpayers now have more time to PAY, but the deadline to FILE has not yet changed. COVID-19 has disrupted daily life for taxpayers across the country. Whether due to school closures or businesses shutting down, change is the one thing that feels inevitable. In a...