Newsletter April 1,2021

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IRS Extends Individual Income Tax Filing Deadline to May 17

April 1, 2021

The IRS has announced a filing deadline extension for all 2020 federal personal income tax returns. This decision moves the filing due date from April 15 to May 17, 2021. Individual taxpayers, including joint filers …

Third Round of Stimulus Payments Going Out to Eligible Americans

April 1, 2021

The IRS has started sending out a third round of Economic Impact Payments (EIP3s, also called stimulus payments) shortly after the American Rescue Plan became law on March 11. The vast majority of eligible Americans …

Upcoming Tax Deadlines

April 1, 2021

April Day 12 Employees Who Work for Tips – If you received $20 or more in tips during March, you must report them to your employer (employees are required to keep a daily record of tips). All tips …