Tax and Legal Educational Articles

2021 Tax Deadline Changes Summarized

2021 Tax Deadline Changes Summarized

The special extension to May 17th ALSO applies to Traditional IRAs and Roth IRAs. Taxpayers now have until May 17th to contribute these special retirement accounts and still have them apply to 2020.

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Do I need to File an Extension for my Business Taxes

Do I need to File an Extension for my Business Taxes

Many business owners don't realize that their new entity/business they created last year, even if it didn't make any money, is still required to file a tax return. Even some experienced business owners don't even know when the deadline is and rely on a professional...

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What to do If I can’t pay my Taxes by October 15th

What to do If I can’t pay my Taxes by October 15th

So many people think all is lost when they can’t pay their taxes by October 15th and just decide not to file. The worst thing you can do on October 15th, is throw up your arms in exasperation and not file!! This is when things can quickly go from bad to worse. There are also several strategies to pay the taxes and keep the IRS off your back and not knocking on your front door.

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