BLOG: Tax Returns and Estimated Taxes Now Due July 15
Due to the coronavirus pandemic, the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020. Taxpayers can also defer federal income tax… Read More
taxes
Five Things to Know for April 2 in Montgomery County
It’s Thursday, April 2 and here are five things to know in Montgomery County. 1.Virtual Community Briefing: Montgomery County Executive Marc Elrich will host a virtual community briefing from 7:00 p.m.… Read More
¿A Quién le llegará Dinero como Parte del Estímulo Económico?
El Senado estadounidense aprobó un paquete de estímulo económico de $2,000 millones de dólares para aliviar parte de la crisis generada por la pandemia COVID-19. Como parte de este paquete… Read More
Comptroller Franchot Speaks on Economic Impact of COVID-19 Outbreak
The state mandated Executive Order that has been put in place requires social distancing to limit the spread of the novel coronavirus. As a result, several small businesses have been… Read More
BLOG: Are Social Security Benefits Taxable?
Social Security benefits include monthly retirement, survivor, and disability benefits; they do not include Supplemental Security Income (SSI) payments, which are not taxable. Generally, you pay federal income taxes on… Read More
IRS Extends Deadline to File, Pay Taxes Until July 15
The Internal Revenue Service (IRS) announced Saturday, that the deadline to file and pay federal income tax has been extended from April 15 to July 15 in response to the… Read More
ACTUALIZACIÓN: Extensión de Fecha para Declaración de Impuestos
Actualización del Servicio de Rentas Internas (IRS): La fecha de vencimiento para la presentación de impuestos se extiende del 15 de abril al 15 de julio. Todos los contribuyentes –… Read More
BLOG: What to Do If You Are Missing Important Tax Forms
If you are ready to file your taxes but you are missing important tax forms here’s what you should do: Form W-2 You should receive a Form W-2, Wage and Tax… Read More
Solicite Seguro Médico en la Declaración de Impuestos
Leslie Martínez, Directora de Programa del Departamento de Salud y Servicios Humanos del condado de Montgomery habló a MyMCMedia sobre todos los detalles de la nueva opción que se incluyó… Read More
BLOG: Six Facts About Form 1040-SR
Taxpayers aged 65 or older now have the option to use Form 1040-SR, U.S. Tax Return for Seniors, thanks to the Bipartisan Budget Act of 2018, which required the IRS to create… Read More
BLOG: Tax Extenders, Retirement Plan Changes, and Repeals
The Further Consolidated Appropriations Act, 2020, signed into law on December 20, 2019, extended a number of expired tax provisions for business and individuals through 2020. It also included several… Read More
BLOG: Tax Filing Season Begins
January 27 marked the start of this year’s tax filing season. Complicating matters is a newly revised Form 1040, U.S. Individual Income Tax Return. With more than 150 million individual… Read More