Expert Perspectives

Squire provides complete and personalized accounting solutions to meet your individual needs.

Expert Perspectives

Squire provides complete and personalized accounting solutions to meet your individual needs.

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Category: IRS

October Extended Due Date Just Around the Corner

October Extended Due Date Just Around the Corner

Article Highlights: October 15 is the extended due date for filing federal individual tax returns for 2020. Late-filing penalty Interest on tax due Other October 15 deadlines The normal April 15, 2021 filing deadline for 2020 individual tax returns was […]
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4 of the Most Common IRS Tax Problems

4 of the Most Common IRS Tax Problems

For years, politicians have been talking about simplifying the process of filing federal taxes, but despite the promises, the process continues to be complicated and stressful. But as bad as preparing taxes can be, it pales in comparison to the […]
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Unpaid Debt Taking Your Tax Refund?

Unpaid Debt Taking Your Tax Refund?

We all look forward to receiving our tax refunds, but what if you were expecting a refund and it never arrived? It may be because you have unpaid debt—and not just tax-related debts. The Treasury Department’s Bureau of the Fiscal […]
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Ready for the 1099-NEC?

Ready for the 1099-NEC?

Article Highlights: 1099-NEC Has Been Resurrected Non-Employee Compensation Combating Fraudulent Filings Due Dates Form W-9 Penalties 1099 Worksheet The Internal Revenue Service has resurrected a form that has not been used since the early 1980s, Form 1099-NEC (the NEC stands […]
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Should Employers Participate in the Payroll Tax Deferral?

Should Employers Participate in the Payroll Tax Deferral?

By Brandon Allfrey, Brandona@squire.com  On August 8th, President Trump signed a Presidential Memorandum to enable employees to defer paying in the social security tax withholdings on their wages between September 1 and December 31.  Eligible employees are those who make less than […]
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