If you filed for an extension on your tax return in the spring, your new deadline is approaching quickly. Filing a tax extension provides you with an additional six months to prepare and file your return, but if that time has passed more quickly than...
The business tax extension deadline is September 15th. What happens if you don’t file before then? Read this blog from The Accounting Guys to find out....
We're moving! Beginning June 6, be sure to visit us at our new office in Provo. You can contact us using the same phone numbers if you have any questions....
Many people take a passive approach to taxes: You fill out your return, pay what you owe (or collect your refund), then do the exact same thing again next year. However, this reactive strategy can result in you paying thousands more in taxes over the...
With the standard deduction increase provided by the Tax Cuts and Jobs Act of 2017, many Americans are now opting to take the standard deduction instead of itemizing. However, if you’re one of the millions who still itemizes deductions, it’s important that you include every...
As part of the American Rescue Plan, the Child Tax Credit has been increased for 2021 and the IRS will be sending out monthly payments to qualifying families. These payments are set to begin next month, with the first one scheduled to hit taxpayers’ accounts...
Last year was a difficult one for many businesses. Even with assistance from the Paycheck Protection Program, a lot of small businesses experienced significant financial losses in 2020. But what you might not know is that the CARES Act enacted last year offers more than...
