Tax season for 2020 has begun. The IRS officially began accepting tax returns for the 2019 year on Jan. 27. Taxpayers initially had until April 15 to file their returns and avoid penalties. But the IRS extended the deadline to July 15 in response to pandemic concerns and hardships related to COVID-19. July may seem … Continue reading Taxpayers have until July 15 to file their returns
IRS ups contribution limits on 401(k) plans
The IRS has some good news for taxpayers who are looking to aggressively save for retirement.
IRS says business meal deductions are staying
The IRS says employers still can deduct expenses for client-related business meals.
How the IRS wants you to prepare for natural disasters
With hurricane season in full force, the IRS is calling on businesses to update their emergency preparedness plans.
Peekz ConsultiN to close office for Independence Day
Peekz ConsultiN will be closed over the Fourth of July.
Mid-March IRS deadline approaches for partnerships, other businesses
March 15 is the deadline for partnerships to submit their 1065 forms to the IRS. Some LLCs and S corporations share the deadline.
What questions do you have for Amy the accountant?
As part of our new series, "Ask Amy the Accountant," Amy Peek, owner of Peekz ConstultiN, is throwing open the doors of our blog, so to speak, to clients and readers. We invite you to share with us any general questions you have about taxes or finance -- and we may use your question as inspiration in one of our upcoming blogs.