What is the Payroll Tax “Holiday”?

What is the Payroll Tax “Holiday”?

As part of the economic relief efforts targeted towards helping people recover from the ongoing COVID-19 outbreak, the President recently issued an executive order declaring a Payroll Tax “Holiday.” However, it’s not a true Holiday – yes, you...
4 Executive Orders

4 Executive Orders

On Saturday the President signed executive orders that we’ll outline below with commentary: Federal Unemployment Continuation – the previous Covid unemployment up to $600/week enacted earlier by Congress terminated on 7/31.  This new extension order allows...
If I am late filing my taxes what do I do?

If I am late filing my taxes what do I do?

Life gets busy and a person can easily overlook his or her taxes, especially if it slips the mind and tax day passes. Due to this, you could forget to file your taxes and you don’t know what to do in this situation. If this has happened to you, then you should...
What Do I Need to File My Taxes?

What Do I Need to File My Taxes?

Due to the coronavirus (COVID-19) pandemic, the Internal Revenue Service (IRS) has extended the 2019 income tax filing and payment deadline to July 15, 2020. This means that if you haven’t yet contacted any tax service experts in Flower Mound TX, now is the time to do...
Tax deadline of July 15 is approaching

Tax deadline of July 15 is approaching

Amid the coronavirus pandemic affecting the nation, the United States government extended the tax filing deadline for 2020 to July 15, instead of the usual April 15. Many people have benefited from this new deadline, but, even with the extension, it’s...