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https://www.irs.gov/newsroom/tax-day-for-individuals-extended-to-may-17-treasury-irs-extend-filing-and-payment-deadline

Tax Day for individuals extended to May 17: Treasury, IRS extend filing and payment deadline | Internal Revenue Service IR-2021-59, March 17, 2021 — The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021.

https://www.cpapracticeadvisor.com/tax-compliance/news/21211288/irs-extends-tax-deadline-to-june-15-for-texas-winter-storm-victims

IRS Extends Tax Deadline to June 15 for Texas Winter Storm Victims The tax relief postpones various tax filing and payment deadlines that occurred starting on Feb. 11. As a result, affected individuals and businesses will have until June 15, 2021, to file returns and pay any taxes that were originally due during this ...

https://apple.news/AAOYkIVDXQRKfH4Srb9fvKg

IRS says start of tax filing season delayed until Feb. 12 — The Hill Tax filing season, which normally starts at the end of January, will begin on Feb. 12 this year, the IRS announced Friday.

https://www.journalofaccountancy.com/news/2021/jan/sba-treasury-issue-ppp2-guidance.html?fbclid=IwAR0GYXlDZXMB7ZL5xfN_SN6kLoenrHiwOS_x75Tz_AA8fTrz5yU-ME9-cZc

New PPP guidance issued by SBA, Treasury The US SBA and Treasury released guidance for the revived and reconstituted Paycheck Protection Program. The guidance came in the form of two interim final rules, including one that details the guidelines for new PPP loans to businesses that previously received PPP funding.

https://apple.news/AgIiJYi-NRSueCmPiC-2JqQ

These Tiny Last-Minute Tax Changes Could Be a Big Deal in 2021 — The Wall Street Journal From stimulus checks to early retirement-plan withdrawals, here are some late-breaking items that could alter either your 2020 return or how you approach your taxes in the year to come.

IRS issues standard mileage rates for 2021

IRS issues standard mileage rates for 2021 | Internal Revenue Service IR-2020-279, December 22, 2020 — The IRS today issued the 2021 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Expenses With PPP Money Are Tax Deductible, Congress Reverses IRS

Expenses With PPP Money Are Tax Deductible, Congress Reverses IRS PPP loans are forgivable, and despite normal tax rules, if the loan is forgiven, that will not be income. The IRS said no to tax deductions with PPP money, but Congress reversed the IRS. Now you can still claim normal tax deductions.

Here’s what’s in the new $900 billion stimulus package.

Here’s what’s in the new $900 billion stimulus package — The Washington Post Jobless benefits, aid to small businesses, stimulus checks and money for vaccine distribution are in. Aid for local governments, plus corporate liability shields, are out.

Like everything else 2020, taxes will be like no other year

https://www.click2houston.com/business/2020/12/09/like-everything-else-2020-taxes-will-be-like-no-other-year/?utm_source=facebook&utm_medium=social&utm_campaign=snd&utm_content=kprc2&fbclid=IwAR2RGF1SlZnRC4qn1CW9cR4WREG40QlcbKsTtv4wlTxncsxMm7GWYv5HyHQ&__vfz=medium%3Dsharebar

Like everything else 2020, taxes will be like no other year It’s the time of year to start thinking about taxes _ what's ahead and what can be done now to manage.

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