The AICPA Is Starting Beef With the IRS on Behalf of Taxpayers
Did ya hear? There’s a global pandemic going on. And although we’ve had more than a year to figure things out, obviously there are still some areas where the “idk, just kick that can down the road and we’ll deal with it later” mentality is about all TPTB can muster. For example, the IRS announced […]
Happy 10/15, Here’s a Little Something to Help You ‘Space Out’ Just In Case
Welp, you made it. Somehow it’s already October and would you look at that, the 15th no less. For those of you grinding all the way to the finish line, I thought I’d drop this here. You know, just in case. See you on the other side, you got this.
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 […]
TurboTax’s Bob Meighan: There’s No Sense in Panicking About the April 15th Deadline
With a little more than just 24 hours to go until the end of the traditional filing season for 2010, some taxpayers might be freaking out. To help prevent this we got the chance to speak with Bob Meighan, TurboTax VP and CPA yesterday morning about what to do with just a few short hours away from the deadline, what taxpayers have been struggling with this filing season and if he had any special advice for a certain customer:
And that extension form you need? It’s Form 4868. Even if your preparer got nabbed in Operation Brass Tax, just make it easy on yourself and file the extension (we did). You’ll feel better.