Triangle Controlled Concepts

Time to gather all the little things.

Don't forget the time for taxes to be completed is May 17th.

Individual income tax returns: April 15 falls on a weekday in 2021, and it's not a holiday this year, so the filing deadline for your 2020 personal tax return is indeed April 15, 2021.

Time to start gathering your stuff.

Just a reminder to all my business owners out there with employes - The Internal Revenue Service today reminded employers that they must file Form W-2 and other wage statements by Feb. 1, 2021, to avoid penalties and help the IRS prevent fraud.

Taxes are due this 15th. Just a reminder.

UPDATE: As per te IRS on April 10th news release. The IRS conciders this a special tax credit that’ll appear on the tax return you file in 2021 for the 2020 tax year. This money is not considered income. It won’t be taxable and it won’t affect your income tax bracket for 2020. Fianlly good news everyone.

Please remember the Stimulus you are about to receive is NOT tax free, and may affect your tax refund for next year. Just do your self a favor and put some of that money aside to help you with your taxes next year.

Remember taxes have been extended to July 15th

Now would be a great time revisit your W4 for the 2019/2020 year. Tax codes are changing.