This year the IRS moved the deadline for filing the 2020 federal income tax returns from April 15 to May 17, 2021. This change comes after lawmakers, tax professionals, and others put intense pressure on the agency to "help taxpayers navigate the unusual circumstances related to the pandemic" by giving them more time to file their 2020 federal income tax returns. The IRS issued Notice 2021-21 with … [Read more...]
COVID-19: IRS and SBA Assistance for Small Businesses
At Ten Key, we’re ready to help you through the difficulties your business may be experiencing due to the novel coronavirus pandemic. There are a number of resources becoming available for small businesses who are impacted by this situation. We’ve provided details and links below, and will continue to update as we receive more information. THIS PAGE WAS LAST UPDATED ON FRIDAY, MARCH 27, 2020 … [Read more...]
Tax Tips from Your Bookkeeper
Need tax tips? Every year, we help clients pull together their financial documents for their tax preparer. And every year, we see it all: from the box of receipts to the nicely filed papers, from the pulling-their-hair-out to the calm, cool, and, collected client. Here are a few tax tips to make life easier this tax season! 1) Start early. We cannot emphasize this enough. Tax Day is usually the … [Read more...]
Simple Strategies for Tax Season Success
Tax tips from Ten Key, Inc. Tax season can be a taxing time of year. With changes in the tax code, each year presents new challenges in making sure your taxes are correct and complete. The professionals at Ten Key, Inc., can provide the latest information on current tax procedures and requirements. Whether it’s adjusted gross income, bond premiums or capital gains, we have the ABCs on state and … [Read more...]
IRS Scams: Don’t be a Victim!
How to spot and report IRS scams Your home phone rings. You’re surprised--who even calls a landline nowadays? It’s an unfamiliar number, and when you answer, you’re in for an unpleasant surprise:You’re being prosecuted by the government because you owe the IRS thousands of dollars in taxes, and you need to act now to avoid jail!Or DO YOU?Chances are, you’re being targeted for one of … [Read more...]