Top 10 Tips for Year-End Tax Planning
Does it feel like you just finished last year’s taxes? Well, believe it or not it’s almost time to do it again. Every year the tax laws and policies change, so each year you will have to be aware of these changes and additions. However, there are some things that never seem to change. With that in mind let’s review some of the top tax tips for year-end tax planning.
Federal Tax Return Filing Deadline Moved to July 15, 2020
Federal Tax Return Filing Deadline Moved Now that both California and the Federal IRS April 15 tax deadlines have been extended, most taxpayers and businesses will have more time to file and make tax payments without interest or penalties. From the IRS Website “WASHINGTON — The Treasury Department and Internal Revenue Service announced today that…
Tax Payment Due Dates – Updated Information as of March 19, 2020
Federal and some state tax authorities have responded to the Coronavirus by announcing extensions of some tax payment deadlines for most taxpayers. At BPM we are monitoring these announcements and will provide updates as additional information becomes available and as additional formal guidance is issued. Federal Coronavirus Update Treasury Secretary Mnuchin stated publicly on March…
Filing Deadline Updates, IRS and California FTB
Filing Deadline Updates, IRS and California FTB. The IRS has set up a “Coronavirus Tax Relief” page on their website. We expect, as additional information becomes available and formal guidance is issued, it will be accessible on that webpage. Federal and state tax authorities have responded to the Coronavirus by announcing extensions of some tax…
Assessing the Impact of the Coronavirus on Your Business and Staff
Impact of Coronavirus on your Business In a press conference on March 11, the World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus announced that the outbreak of the coronavirus (COVID-19) can be characterized as an official pandemic, with the risk of further global spread. As the WHO and the Centers for Disease Control and Prevention (CDC) continue to…