by Exclusive Tax Services | Jun 1, 2020 | Blog
Mid-Year Tax Checkup As you complete your tax return this year, are you surprised by the amount of your balance due or refund? Many people are unpleasantly surprised by the balance due. How can you prepare so that tax time is, if not pleasant, at least less painful?...
by Exclusive Tax Services | May 1, 2020 | Blog
CARES Act Brings Relief to Individual Taxpayers The recently passed Coronavirus Aid, Relief, and Economic Security Act (CARES Act) provided relief to taxpayers in a number of ways. The due dates to file and pay income taxes have been extended to July 15, 2020....
by Exclusive Tax Services | Apr 1, 2020 | Blog
Tax Notes The IRS advised that high deductible health plans (HDHPs) can cover the costs for testing and treatment of COVID-19 without losing their status as an HDHP. As we all deal with the pandemic, keep informed by checking the IRS website for updates. Important...
by Exclusive Tax Services | Mar 1, 2020 | Blog
Do You Have a Balance Due? If planned correctly, tax time shouldn’t have to be unpleasant. I can help you with that. If you wind up with a balance due, however, you have several options to pay your tax debt. Pay the balance due. If you can pay either directly or via...
by Exclusive Tax Services | Feb 1, 2020 | Blog
Extenders Bill In December, the president signed the Further Consolidated Appropriations Act, 2020, which contains the SECURE Act and extenders. These acts affect you in many ways. First, the SECURE Act provides for several changes related to retirement plans....
by Exclusive Tax Services | Jan 30, 2020 | Blog
Dear Clients, I hope that 2019 was a fantastic year for each of you. We have been in the new office for a year now and we love our new location. We have had lots of wonderful things happen this year. We have also had some sadness. As many of you know we lost Marty...