IRS postpones April 15 deadline
March 18, 2021 8:09 pm Comments Off on IRS postpones April 15 deadlineThe IRS announced on Wednesday that it is postponing the deadline for all individual tax returns. Returns otherwise due April... View Article
Author Archives for Anthony Longano
AMERICAN RESCUE PLAN EXCLUSION OF UNEMPLOYMENT COMPENSATION
March 18, 2021 8:08 pm Comments Off on AMERICAN RESCUE PLAN EXCLUSION OF UNEMPLOYMENT COMPENSATIONThe American Rescue Plan Act includes changes that retroactively affect 2020 returns, including making the first $10,200 in unemployment benefits... View Article
THE RESTAURANT REVITALIZATION FUND GRANT
March 18, 2021 8:08 pm Comments Off on THE RESTAURANT REVITALIZATION FUND GRANTCongress has authorized a grant program for restaurants, bars, breweries, food trucks and caterers, with grants awarded based on the... View Article
SHUTTERED VENUE OPERATORS GRANT LAUNCH
March 18, 2021 8:07 pm Comments Off on SHUTTERED VENUE OPERATORS GRANT LAUNCHThe U.S. Small Business Administration (SBA) expects to begin accepting applications in early April for the Shuttered Venue Operators Grant... View Article
IRS PROCESSING ISSUES
February 21, 2021 2:30 pm Comments Off on IRS PROCESSING ISSUESIRS is open and processing mail, tax returns, payments, refunds and correspondence. However, COVID-19 continues to cause delays in some... View Article
TAX FILING SEASON TO BEGIN FEBRUARY 12
February 21, 2021 2:11 pm Comments Off on TAX FILING SEASON TO BEGIN FEBRUARY 12The IRS announced last week that it will begin accepting and processing 2020 tax returns on February 12, 2021, two... View Article
ECONOMIC IMPACT PAYMENTS
February 21, 2021 2:10 pm Comments Off on ECONOMIC IMPACT PAYMENTSFirst Economic Impact (Stimulus) Payment Most eligible taxpayers have received their first Economic Impact Payment. If you didn’t get the... View Article
Ohio Minimum Wage For 2021
February 21, 2021 2:07 pm Comments Off on Ohio Minimum Wage For 2021As of January 1, 2021, the minimum wage for non-tipped employees in Ohio will rise from $8.70 to $8.80 per hour,... View Article
OHIO IDENTITY THEFT UNEMPLOYMENT 1099-G’ ISSUED
February 21, 2021 2:06 pm Comments Off on OHIO IDENTITY THEFT UNEMPLOYMENT 1099-G’ ISSUEDIf you received unemployment in 2020 you will be receiving a 1099-G tax form in the mail sometime this month,... View Article
Standard Mileage Rates
February 21, 2021 2:04 pm Comments Off on Standard Mileage RatesThe following table summarizes the optional standard mileage rates for employees, self-employed individuals, or other taxpayers to use in computing the deductible... View Article
