by Patricia Parrilla Tax Services | Sep 29, 2020 | Tax Tips and News
Taxpayers affected by Hurricane Sally have been given tax relief by the Internal Revenue Service. They now have until Jan. 15, 2021 to file various individual and business returns and make payment of tax due. The IRS is offering the relief to areas designated...
by Patricia Parrilla Tax Services | Sep 26, 2020 | Tax Tips and News
The pandemic has affected everything in American life, even National Small Business Week. This year, the Internal Revenue Service spent all three days of the event highlighting online resources that can help small businesses dealing with coronavirus-related...
by Patricia Parrilla Tax Services | Sep 25, 2020 | Tax Tips and News
The American Institute of CPAs is adding its voice to others calling for an expansion of the Paycheck Protection Program (PPP) and seeks to extend the program’s lifespan. The PPP provides critical relief for small business hard-it by the COVID-19 pandemic. “From the...
by Patricia Parrilla Tax Services | Sep 24, 2020 | Tax Tips and News
American agriculture is in the grip of a major drought, with many farmers and ranchers forced to sell off major portions of their herds to avoid starvation. While the Internal Revenue Service can’t make it rain, the IRS can give struggling livestock producers other...
by Patricia Parrilla Tax Services | Sep 23, 2020 | Tax Tips and News
Anyone who has prepared tax returns professionally knows that change is the rule, not the exception. When tax laws change, the Internal Revenue Service has the unenviable task of making sense of legislation or executive actions that directly impact the tax industry....