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Tag Archive

Below you'll find a list of all posts that have been tagged as “#tax”

Another Rough Tax Season for IRS and Taxpayers?

Melissa Clary January 17, 2022 Uncategorized 0 Comments

This could be another rough tax season for the IRS and taxpayers. Although this year’s filing season opens January 24, 2022 (i.e., it is the first day the IRS will accept and start processing 2021 returns), the Service still has …

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#IRS#tax

Relocating? How to Do It with Taxes in Mind

Melissa Clary July 7, 2021 Tax 0 Comments

If you’re thinking about moving from your current locale, you’re not alone. Americans are on the move for many different reasons: Remote work is increasingly popular and allows employees to live wherever they have access to WiFi, while tax changes …

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#taxmovingrelocating

Did You Get a Letter from the IRS? Don’t Panic.

Melissa Clary June 25, 2021 Tax 0 Comments

Now that most tax refunds are deposited directly into taxpayers’ bank accounts, the dream of opening your mailbox and finding an IRS refund check is all but a thing of the past. However, since the IRS now does most of …

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#IRS#taxIRS LETTER

SBA Raises Loan Limit For COVID-19 EIDL Loans to $500,000

Melissa Clary April 29, 2021 Business, News, Tax 0 Comments

As U.S. businesses continue to recover from COVID-19’s economic devastation, the U.S. Small Business Administration (SBA) is expanding loan opportunities. The agency announced that beginning the week of April 6th, nonprofits and small businesses will be able to borrow up …

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#taxcoronavirusCOVID-19EIDLIncome taxesSBAsba loan

IRS to Automatically Adjust Prior Filed 2020 Returns with Unemployment Income

Melissa Clary April 29, 2021 Tax 0 Comments

The IRS announced on March 31, that it will take steps to automatically refund money this spring and summer to people who filed their tax returns reporting unemployment compensation before the recent law change made by the American Rescue Plan …

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#taxTax ReturnsUnemploymentUnemployment compensationUnemployment Income

SBA Raises Loan Limit For COVID-19 EIDL Loans to $500,000

Melissa Clary April 15, 2021 Tax 0 Comments

As U.S. businesses continue to recover from COVID-19’s economic devastation, the U.S. Small Business Administration (SBA) is expanding loan opportunities. The agency announced that beginning the week of April 6th, nonprofits, and small businesses will be able to borrow up …

Read More
#taxcoronavirusCOVID-19Income taxesSBAsba loan

Individual Estimated Tax Payments for the First Quarter of 2021 – CAUTION

Melissa Clary April 15, 2021 Tax 0 Comments

The IRS did not extend the deadline for the first installment of the 2021 estimated tax payments, which continues to be April 15, 2021. Even though the filing due date for individual returns has been extended, in many cases the …

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#IRS#taxindividual returnstax payments

Tax Filing Deadlines Are Rapidly Approaching!

Melissa Clary April 15, 2021 Tax 0 Comments

Just a reminder to those who have not yet filed their 2020 federal tax return that thanks to the IRS extending the filing due date, May 17, 2021 is the due date to either file your return and pay any …

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#IRS#taxfederal tax returntaxpayers

Employee Retention Credit Extended

Melissa Clary March 16, 2021 Payroll, Tax 0 Comments

In order to help trades and businesses to retain employees and keep them employed during the COVID-19 crisis, the Coronavirus Aid, Relief, and Economic Security (CARES) Act created the Employee Retention Credit for 2020. As part of the Consolidated Appropriations …

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#employee#tax

What Does the New Stimulus Package Include?

Melissa Clary January 8, 2021 Payroll, Tax 0 Comments

Paycheck Protection Program (PPP): The relief package creates a second loan from the Paycheck Protection Program, called a “PPP second draw” and allocates $325 billion in aid to small businesses, with a total $284.5 billion of that going to reauthorize …

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#PPPLoans#stimuluscheck #tax#tax#taxpayers
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Key2 Accounting Fort Collins
375 E. Horsetooth Rd. #2-101
Fort Collins, Colorado 80525
Phone: (970) 682-6600
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590 Farrington Highway #529
Kapolei, Hawaii 96707
Phone: (808) 200-1141

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