September 21, 2020

2020 tax season

Mnuchin Announcing Extension of Tax Filing Deadline On Twitter Is the Most 2020 Thing Ever

Americans get three extra months to file their 1040s, per this tweet from Treasury Secretary Steven Mnuchin. At @realDonaldTrump’s direction, we are moving Tax Day from April 15 to July 15. All taxpayers and businesses will have this additional time to file and make payments without interest or penalties. — Steven Mnuchin (@stevenmnuchin1) March 20, […]

The AICPA Really Wants Tax Professionals to Flood Steve Mnuchin’s Inbox

The AICPA was pretty damn confident the Treasury Department and the IRS would extend the April 15 filing deadline for individuals due to the COVID-19 pandemic, so confident that the AICPA told CPAs in an emailed message last weekend that they anticipated this week that Tax Day would be extended by 90 days and that […]

The AICPA Is Pretty Sure the April 15 Filing Deadline Is Gonna Be Extended, You Guys

Several CPAs have posted on Twitter, Fishbowl, and Reddit the following communiqué they received Sunday afternoon from the AICPA regarding both the April 15 and the March 16 filing deadlines: While tax season 2019 was considered by most as one of the worst tax seasons on record, tax season 2020 might go down as the […]

This Tax Season Is Going to Be Easier Than Last Year’s, Right? RIGHT?

“A lot of CPAs would agree that last year was the worst tax filing season in their professional career. But it would be a mistake to think the upcoming season will be easy just because everyone is now familiar with the Tax Cuts and Jobs Act. There may be a slight reduction in the complexities […]

Tax Season’s Greetings, Everyone

Coming off the heels of one of the worst tax seasons on record, the 2020 tax season can’t be any worse, can it? Well #taxtwitter has been kinda quiet so far today, the first day of tax season 2020, so you guys have either been super busy right out of the gate or you’ve had […]