Financial, Tax, and Family Office Services
Treasury Secretary Mnuchin announced this morning (March 20, 2020) that the filing date for 2019 individual tax returns has been moved to July 15, 2020. You will not incur penalty or interest if the return is filed and paid by then. It appears that C corporations for calendar year 2019 are included in this announcement. …
Filing date is now extended to July 15, but please note the following Read More »
For those of you who have talked to me in the last three weeks you know it’s not been a happy time. I’ll try to keep my ranting down to an acceptable level and perhaps we can all learn something. Background: Microsoft is very proud of their Windows 10 operating system. In …
IRS Penalties and interest – The Very Basics for Individual Taxpayers Interest is the easiest. For the past several years, the interest rate has been 3%, per annum, compounded daily, for both underpayments and overpayments. There are three types of penalties most taxpayers will see: Underpayment of estimated tax Failure to file …
Sometimes a picture is worth more than a thousand words. Here’s the advertising.
Try to say this with all the enthusiasm of the Dunkin’ Donuts character. But it’s year end, and a good time to document the mileage of your business vehicle. Who knows, someday someone may ask you what the mileage on your vehicle was on December 31, 2015, and if you write it down today, you’ll …
