Miss the Tax Deadline? What to Do If You Forgot to File Your Taxes
Filing your tax return late (or never) can come with costly consequences. If you didn’t file your 2019 federal tax return or request an extension by July 15, don’t let that stop you from submitting your 1040 and paying your tax as soon as...Read More →
SBA provides safe harbor for PPP loans under $2 million
Businesses that together with their affiliates accepted Paycheck Protection Program (PPP) funds of less than $2 million will be assumed to have performed the required certification concerning the necessity of their loan requests in good faith, according to guidance posted...Read More →
Remote Access Solutions: Work From Home
With the need to work from home we are pushing to help keep productivity up, we will continue the day-to-day operations that are necessary and we are working to help companies do the same to remain profitable and thriving! Regardless...Read More →
IRS Delays Tax Deadline by 90 Days: How This Affects You
In response to the Covid-19 infection, U.S. tax payers are getting a full 90 day tax payment deferment from the IRS. This applies to income taxes due up to $1 million Corporations have been given the same deferment period on...Read More →
It’s Tax time again…
It’s about that time. There are fewer than 8 weeks left to file your income taxes. Choosing a professional to assist with your tax preparation isn’t a decision you should make lightly. You need to work with someone who has...Read More →
Tax Filing Season Begins
Its Tax Time…. If you have any questions about the new tax forms or need assistance preparing and filing your tax return, help is just a phone call away. 850-435-8844 January 27, 2020, marked the start of this year’s tax...Read More →
When Can I Start Filing Taxes?
Its Tax Time…. Contact us today at 850-435-8844 or send us a message at support@pharrcpa.com! The IRS starts accepting tax returns this year on Jan. 27. If you’re anticipating a refund, you may want to start filing as soon as...Read More →
Changes for Your Upcoming Tax Return
Last year was a tough one for taxpayers, new laws took effect that dramatically changed how people had to file their tax returns. The returns looked different, with the old forms going away which requiring everyone to use the same...Read More →
Is a Roth your best choice for an IRA?
If you expect to be in a higher tax bracket in the future, the answer may be yes. Roth and traditional retirement accounts are taxed differently. Which account you choose should be based on your current and future tax rates....Read More →
A New W4, How Does It Help You?
Most taxpayers have had questions the last two years regarding their federal withholdings on their tax returns. The withholding tables were adjusted after the big tax change (Tax Cuts and Jobs Act) and it left taxpayers questioning if they were going to get a refund or not like in the past. The IRS has finally provided a solution to those questions and it comes in the form of a new W4.