Owe taxes? International air travel will be tough for you

If flying abroad is on your to-do list, then you better hope you’re on good terms with the IRS.

How Congress’ new tax code changes will affect your tax return

The tax overhaul that Congress passed in 2017 includes a lot of changes for your future returns. Here’s a look at some of the big ones.

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.

IRS offers tips to avoid Presidents Day rush

The IRS expects a “surge” of tax returns on Presidents Day weekend, urging taxpayers to use online tools so they can avoid long wait times and busy signals.

Why you should file your tax return ASAP this year — before someone else files it for you

Amy Peek, accountant and owner of Pittsburgh-based Peekz ConsultiN warns taxpayers to file as soon as possible this year in light of Equifax and other security breaches.

Hurricane Irma victims slated for IRS tax relief

As victims of Hurricane Irma grapple with the aftermath of the storm, the IRS is providing some tax relief. For now, people living in the U.S. Virgin Islands, plus the islands of St. Thomas and St. John, are eligible for the the assistance, which will provide tax filing and payment relief. The relief is slated … Continue reading Hurricane Irma victims slated for IRS tax relief

Time is running out for taxpayers who received IRS extensions in 2017

For those who filed for extensions on filing their taxes in April, IRS deadlines are creeping up fast. 

Why you might not have to pay estimated quarterly taxes this year

Not everyone needs to make these payments. And that may be confusing for business owners or independent contractors worried about penalties or fines. Here's a breakdown from Peekz ConsultiN accountant owner Amy Peek.

Tax deadline procrastinators face ‘stiff’ penalties

The 2017 tax filing deadline is upon us. That means life will calm down a bit for accountants, but things could heat up for taxpayers who miss the April 18 deadline. Anyone who owes taxes and doesn't file by midnight April 18 risks federal penalties for failing to file and pay on time, plus possible … Continue reading Tax deadline procrastinators face ‘stiff’ penalties

IRS may delay returns for some taxpayers in 2017

The IRS recently warned that the returns of taxpayers claiming two credits could experience a delay in 2017.