Meet our Tax Preparers

IRS Temporarily Suspends Some Payments, Among Other Things

By Peoples Tax | April 23, 2020

Posted in: Individual Tax IRS Newsroom Tax Planning Tax Resolution Tax Tips

The IRS is taking extra measures to help Americans during the COVID-19 pandemic. In addition to extending the filing and payment deadline to July 15, 2020, the IRS has also temporarily suspended certain payments and other items due between April 1 and July 15, 2020. Here is a summary…

Economic Impact Payment Tools to Help Filers & Non-filers Get Their Checks

By Peoples Tax | April 14, 2020

Posted in: Individual Tax IRS Newsroom Tax Planning Tax Tips

Provide Updated Information to the IRS & Check the Status of your Economic Stimulus Payment with these Tools… Are a You Filer?New Tool Allows You to Update IRS Info & Track Your Payment If you do file a tax return, you can use the “Get My Payment” application to:…

Economic Impact Payment FAQs

By Peoples Tax | April 13, 2020

Posted in: Individual Tax IRS Newsroom Tax Planning Tax Tips

Due to the COVID-19 pandemic, many Americans are facing economic hardships right now. The U.S. government has approved Economic Impact Payments, also called stimulus payments, to help provide some relief to Americans and they have just starting going out. Find Out Who IS Eligible Eligible taxpayers who filed tax…

The Filing Deadline is Delayed, But You Should Still File. Here’s Why

By Peoples Tax | April 2, 2020

Posted in: Individual Tax IRS Small Business Tax Tax Planning Tax Tips

The stimulus bill passed by Congress can help individuals and small businesses in need now, but you may need to file your taxes as soon as possible to get the benefits. Due to the outbreak of the covid-19 virus, the US Treasury announced that both the tax filing and payment…

Treasury Announces Delayed Tax Filing Date

By Peoples Tax | March 20, 2020

Posted in: Individual Tax IRS Newsroom Small Business Tax Tax Law Updates Tax Planning Tax Tips

In a tweet Friday morning, March 20, 2020, Secretary of Treasury Steven Mnuchin announced that the IRS is moving the federal tax filing deadline from April 15, 2020 to July 15, 2020 due to the coronavirus outbreak. At @realDonaldTrump’s direction, we are moving…

Tax Tips: The Difference Between a Tax Credit and a Deduction

By Peoples Tax | March 19, 2020

Posted in: Individual Tax IRS Tax Planning Tax Tips

With April 15 now less than a month away, it’s important to know how to file your taxes properly and claim all the credits and deductions you can. Unfortunately, most people still don’t know the difference, which can cost them hundreds or even thousands in unclaimed refunds. The…

Treasury Announced 90-Day Payment Extension

By Peoples Tax | March 18, 2020

Posted in: Individual Tax IRS Newsroom Small Business Tax Tax Law Updates Tax Planning Tax Tips

Treasury Secretary, Steven Mnuchin, announced yesterday that the IRS is extending the payment due date by 90 days for all individual taxpayers and businesses who owe additional federal income tax for 2019 to the IRS. This new payment deadline of July 15, 2020. Individual taxpayers and small businesses can defer…

Tax Tips: Don’t Let Your Dependent File Before You Do

By Erik Zeberlein | March 12, 2020

Posted in: Individual Tax IRS Tax Planning Tax Tips

We see it every year. Parents come in to get their taxes done and claim their college student(s) as dependents, only to find that their child has already filed their taxes and accidentally claimed themselves. These young adults might be trying to do the right thing by getting their taxes done…

Peoples Tax Addresses Coronavirus concerns by providing clients with its Virtual Tax Pro

By Peoples Tax | March 2, 2020

Posted in: Individual Tax Small Business Tax Tax Planning Tax Tips

Worried about the recent spread of the Coronavirus? Don’t want to risk going out in public? Here’s one public space you can avoid: you local tax office. Peoples Tax founder and CEO, Chuck McCabe, announced today that his firm offers a Virtual Tax Pro℠ service for clients who prefer…

Deciding if Someone Qualifies as a Dependent on Your Tax Return

By Peoples Tax | March 2, 2020

Posted in: Individual Tax IRS Tax Planning Tax Tips

Deciding if someone qualifies as a dependent on your tax return can be confusing. Let’s first talk about why a taxpayer would want to claim someone else as a dependent. Well, if you’re helping to care for someone, it can get expensive. Having the ability to claim that person…

Meet our Tax Preparers

IRS Temporarily Suspends Some Payments, Among Other Things

Economic Impact Payment Tools to Help Filers & Non-filers Get Their Checks

Economic Impact Payment FAQs

The Filing Deadline is Delayed, But You Should Still File. Here’s Why

Treasury Announces Delayed Tax Filing Date

Tax Tips: The Difference Between a Tax Credit and a Deduction

Treasury Announced 90-Day Payment Extension

Tax Tips: Don’t Let Your Dependent File Before You Do

Peoples Tax Addresses Coronavirus concerns by providing clients with its Virtual Tax Pro

Deciding if Someone Qualifies as a Dependent on Your Tax Return

Subscribe to Blog via Email

Categories

Recent Posts

2 Richmond Locations

West End

South of the River