When an individual or business has unfiled tax returns it can lead to some of the most severe consequences possible in both IRS and State tax situations. Most individuals or business owners don’t realize that failing to file tax returns...
Struggling companies can now defer paying a portion of their payroll taxes to the IRS according to the multi-trillion-dollar economic stimulus package that cleared Congress on Friday. Companies will still be required to collect and pay each employee’s share to...
The IRS has been tasked with collecting an unprecedented amount of taxes owed to fund the COVID-19 stimulus packages totaling more than $2.2 trillion ($2,200,000,000,000). The following release includes more information about the Federal tax payment deadline extension and related...
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