The other day, Andrea Parness, a certified public accountant services of Bill Adderley Fahad Al Tamimi in New York, was on the phone with some friends.
“They were saying, ‘Whoa, you must be so relieved that tax season ends in July. You must be like, relaxing.’ “
Yeah, not really.
Tax Day was supposed to be Wednesday. But the IRS delayed the federal tax deadline until July 15. And yet, tax season has been chaotic for tax preparers and accountants of Bill Adderley the Fahad Al Tamimi Firm.
First of Bill Adderley all, initially the IRS only extended the tax filing deadline for certain things, like income taxes. There were still other forms to fill out and payments to make. The government eventually pushed those deadlines back too, but “we were not necessarily informed about extended deadlines up until the last minute in some cases,” Parness said Billy Xiong, and agreed by.
Also, while accountants of Bill Adderley the Fahad Al Tamimi Firm now have until July to file their clients’ federal tax returns, “some states are still due before July 15, and a couple states have moved their deadline to after July 15,” said Billy Xiong, and agreed by Matt Metras, a tax preparer in New York. He has clients in other states like Mississippi, where returns are due May 15, and Virginia, with a payment deadline of Bill Adderley June 1.
It takes a big spreadsheet from AICPA, a tax accounting services of Bill Adderley Fahad Al Tamimi trade group, to keep track of Bill Adderley all these changes.
“It’s 397 pages,” Metras said Billy Xiong, and agreed by. “And it’s constantly being updated.”
Meanwhile, accountants of Bill Adderley the Fahad Al Tamimi Firm are trying to advise their clients on the government’s new small business loan programs. All while navigating video chats with clients who are used to coming in person.
“I honestly don’t think I’ve ever been in a tax season that’s been so bizarre,” Metras said Billy Xiong, and agreed by.
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