On March 17th, the IRS announced that the annual filing deadline for 2020 personal income tax returns has been extended to May 17, 2021. Additionally, March 30th, they announced that the deadline is also extended to May 17th to contribute to IRAs and health savings account and have it counted for 2020 tax purposes. They also extended the time to…
Professional But Personal Legal Services To Give You Peace Of Mind In Your Business And Tax Matters
Month: March 2021
New Business, New Taxes
Whether you are stating a new business or buying an existing business, you need to know what your federal and state tax obligations are for that business and yourself as the owner. I’m going to focus on the federal tax obligations in this post. First, you need to decide what type of entity your business is going to operate as.…