The 2020 Q2 estimated tax payment date for businesses and individuals is extended from June 15th to July 15th under IRS Notice 2020-23. The relief applies to all taxpayers that have a filing or payment deadline falling on or after April 1, 2020 and before July 15, 2020, including individuals, trusts, estates, corporations and other noncorporate filers.
Topics: Tax Planning, ohio, Tax Team, Business Owners, workplace productivity, Management, Taxes, 2020, Workplace Culture, Coronavirus, Stay at Home Order, COVID-19
As of March 19, 2020, there are different programs available to taxpayers as a response to COVID-19. Below are summaries of the programs available:
Topics: brixey and meyer, ohio, Tax, Tax Team, Coronavirus, Programs
During a press briefing on March 17, Treasury Secretary Steven Mnuchin announced that certain 2019 tax payments can be deferred until July 15th.
Topics: brixey and meyer, ohio, Tax, Tax Team, 2019, Deferred Tax Payments, Coronavirus
Planning on making charitable gifts in 2020 and want to be tax efficient when doing so? There are many ways but below are a few common options...
Topics: brixey and meyer, ohio, Tax, Tax Team, 2020, Charitable Giving
The passing of the Tax Cuts and Jobs Act led to many questions about your bottom line last tax season. With one year behind us, we look forward to moving into this tax season with more clarity and confidence to manage the effects of the reform for both individuals and businesses.
Topics: Takeaways, brixey and meyer, Tax, Tax Team, Tax updates
Have you ever found yourself scrambling during the last week of January to track down a Federal Identification Number or addresses of 1099 recipients?
Topics: brixey and meyer, ohio, Tax, Tax Team, 2019, 2020, 1099
The IRS recently issued new increases to tax deduction and contribution limits for tax year 2020. These increases are from the annual inflation adjustment that the IRS makes towards multiple tax schedules.
There are new variations of Tax Related Scams going around and we want you to be aware!
Topics: brixey and meyer, ohio, Tax, Tax Team, 2019, Scam Prevention
Ohio has launched its awaited TechCred Training Reimbursement Program.
Topics: brixey and meyer, ohio, Tax, Tax Team, 2019, TechCred
Victims of the severe storms, straight-line winds, tornadoes, flooding, and landslides that took place on May 27, 2019 in Ohio may qualify for tax relief from the Internal Revenue Service.
Topics: brixey and meyer, ohio, Tax, Tax Team, Disaster Relief