Meet our Tax Preparers

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…

How to Put Your Tax Refund to Good Use

By Ashley Ray | January 29, 2020

Posted in: Individual Tax Tax Planning Tax Tips

The following is a guest blog post from Jim McKinley. Jim is a retired banker with almost 30 years of experience. He created Money with Jim to share his advice and other resources on a variety of financial topics. In his spare time, he spends time with his family and…

New Decade. New Form W-4.

By Peoples Tax | January 16, 2020

Posted in: Individual Tax IRS Tax Law Updates Tax Planning Tax Tips

There is a new Form W-4 for 2020. We recommend that everyone complete a new one now. First, what is the difference between a W-2 and a W-4? Lots of taxpayers get confused about these two forms. A W-2 is a report compiled by your employer in January,…

Filing Early Can Have it’s Consequences…

By Peoples Tax | January 9, 2020

Posted in: Individual Tax IRS Tax Planning Tax Tips

The holidays are over and the bills are rolling in. Why not file your tax return now and get any refund due to you as soon as possible? Think again. Filing early can have its own complications. First of all, are you sure that you’re due a refund? If…

The Hidden Costs of Doing Your Own Tax Return

By Peoples Tax | January 2, 2020

Posted in: Individual Tax IRS Tax Tips

The first day of tax season will be here in a few weeks! With so many DIY tax software companies out there, it’s easy to think all will be fine preparing your own tax return. After all, the software prompts you from beginning to end. So, what do you have…

Meet our Tax Preparers

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

How to Put Your Tax Refund to Good Use

New Decade. New Form W-4.

Filing Early Can Have it’s Consequences…

The Hidden Costs of Doing Your Own Tax Return

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