Tax

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Getty If you’re a small business owner, it’s likely that the COVID-19 pandemic has left you little time to think about the upcoming tax filing deadline on July 15. Over the last few months, you’ve dealt with temporary lockdowns, lost revenue and layoffs—all while applying for desperately needed assistance.  Many small business owners understandably breathed […]
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Donald Trump has taken to Twitter to vent his frustration after US Supreme Court justices on Thursday ordered him to hand over his tax returns.   The United States’ highest court ruled that the documents be handed over to New York prosecutors as part of a probe into whether he paid hush money to porn […]
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Getty Will he or won’t he? That’s the question on the minds of taxpayers and tax professionals alike as Treasury Secretary Steven Mnuchin continues to mull extending the tax filing deadline for 2020. As it currently stands, the 2019 tax filing deadline remains July 15, 2020.  Last year, the Internal Revenue Service (IRS) received and processed […]