Satty, Levine & Ciacco, CPAs, P.C. Blog

Filing your taxes can be very confusing and complicated to navigate. Now with the coronavirus still around, things can get more complicated. While the tax deadline has been pushed to July 15 to allow citizens more time to file their taxes, you may want to consider hiring a tax accountant. Give yourself one less thing to worry about this tax season and let the experts take over.

The deadline for filing your taxes may have been pushed back until July 15, 2020, but that doesn’t mean it’s no less important to file them as soon as possible. Due to COVID-19, some things are taking longer to process than normal, so making sure you’re filing your taxes soon will be beneficial to you and your IRS tax refund. 

People and businesses all over the country have had to make adjustments to their daily routines due to the coronavirus. The tax deadline date, April 15, is right around the corner, but if you haven’t filed your taxes yet because of everything going on, don’t fret. The Treasury Department has extended the filing date by 90 days in order to give people a little relief from the effects of the coronavirus.

Tax season is here, and it’s time to stop procrastinating. Don’t learn the hard way about not paying your taxes on time. Use these helpful tax tips to figure out how to get through the process in the most efficient way before April 15.  While filing your taxes may be an obtuse activity to do in your free time, it is still extremely important.

During tax planning and preparation, you must first decide whether to take the standard deduction. Even if you elect not to itemize on your Federal return, you should be aware that you can still claim New York State tax deductions for medical expenses, interest and some other personal expenditures.

With tax season 2020 about to begin, it’s time to get those calculators out of the closet. It’s smart to start preparing today, because April 15 will be here before you know it.

The IRS tax code is constantly in flux. From major overhauls to minor tax law changes, each year there are new opportunities to earn a larger tax refund check. As you begin planning your tax preparation, learn about what’s new for 2020.

Tax season is still a few months away, but it is never too early to start personal income tax preparation. What you do today will help reduce stress when April rolls around.

Did anyone ever tell you that married people must prepare joint income tax filings? If so, you are not alone. This common falsehood and other tax myths are frequently repeated around April 15. Before filing your return, learn the real facts about income tax.

Of course, you don’t have to be a certified public accountant to file an income tax return. But, there are many times when it pays to have a local CPA on your side. Whether you are newly married or just opened a business, you have a lot to gain by hiring an accounting firm.