Ruiz Accounting & Tax Group, Inc.

12/01/2021

https://www.irs.gov/newsroom/treasury-irs-provide-guidance-on-tax-relief-for-deductions-for-food-or-beverages-from-restaurants

05/17/2021

Deadline to file your taxes or request an extension to file is today!

04/23/2021

03/18/2021

Treasury Dept. announced today that the federal income tax filing due date for the 2020 tax year will be automatically extended from
April 15, 2021 to May 17, 2021.

03/12/2021

The American Rescue Plan Act of 2021, which was signed into law on March 11, includes a third round of stimulus payments. The IRS will begin the process of depositing payments into accounts immediately, with the first wave of direct deposits hitting accounts early next week.
It is our understanding the IRS will use direct deposit (DD) information from 2020 and 2019 tax returns, with 2020 taking precedent if available. If DD info is not present on tax returns, the IRS will likely use DD info entered by the taxpayer into the Get My Payment (GMP) tool. If no DD info is available, the taxpayer will receive a check or debit card.
The GMP tool will not be updated with EIP3 data before Monday, March 15. Also, we don't believe the IRS will be collecting any additional DD info through the GMP tool for EIP3.
Payments received in this third round of stimulus do not impact 2020 tax returns.

06/01/2020

Annual Report extended until June 30

NOTE: The annual report does not permit you to change the name of your business. To change the name, download and complete the appropriate amendment form. Mail the completed form with payment to the Division of Corporations.

04/02/2020

ANNUAL REPORT FILING DEADLINE EXTENDED UNTIL JUNE 30, 2020

Pursuant to Executive Order No. 20-52 and Department of State
Emergency Order 2020-01 signed March 27, 2020, the time requirements
for business entities to file annual reports are suspended and
tolled until June 30, 2020. Any profit corporation, limited
liability company, limited partnership or limited liability limited
partnership annual report filing will have until 12:01 am Eastern
Time on July 1, 2020, before a $400 late fee is assessed. Nonprofit
corporations are not subject to the late fee.

04/02/2020

Social Security Recipients Will Automatically Receive Economic Impact Payments.

You will not need need to file a simple tax return to have your payment direct deposited or a check mailed to the address on record.

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