Tax Changes You Need to Know Before Filing

The deadline to file your 2021 taxes is April 18th, 2022, the IRS encourages you to file early to avoid processing delays. Before you file your federal tax return be aware that there have been changes. Child Tax Credit Payments As you recall, in March of 2021 the...

Tax Deadline Extended for Texas Residents

Winter storm Uri affected many Texas residents leaving them without electricity and water for days.  The Internal Revenue Service (IRS) announced on Monday, February 22nd tax deadline for Texas residents would be extended until June 15, 2021.  The extension is for any...

Retirement Plans Tax Relief Due to Covid-19

In 2020, Americans facing financial hardship due to the Covid-19 virus received assistance from Congress through the Coronavirus Aid, Relief, and Economic Security (CARES) Act.  Eligible taxpayers were given a tax relief when funds were withdrawn from their 401K plan...

Tax Season Will Start February 12th

The Internal Revenue Service has announced you can file your 2020 tax year return starting Friday, February 12, 2021.  Due to the COVID-19 pandemic, the IRS urges all taxpayers to file electronically with direct deposit as soon as all required documents are in hand to...

Christmas Celebrations at Home

This holiday season will be unlike any other due to the ongoing Covid-19 pandemic.  The Center for Disease Control has recommended minimizing social gatherings due to health and safety concerns.  Christmas has always been a holiday full of traditions surrounded by...