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  • April 25
  • Posted By: Magda Abdo-Gomez
  • Posted In: Tax Laws - Changes
  • Date: April 25, 2020
    • 0
    • 1708

Stimulus Payment Updates and May 5 Deadline

The IRS complied with its promise of prompt distribution of the stimulus payment, and as of April 15 many taxpayers had automatically received the payment. At first only social security recipients and those who had filed their 2019 return and indicated banking information received the payments autom...
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  • April 25
  • Posted By: Magda Abdo-Gomez
  • Posted In: Tax Laws - Changes
  • Date: April 25, 2020
    • 0
    • 1654

IRS Registry for Stimulus Payment Available

The IRS has just launched the web tool to allow those who are not required to file tax returns to register so that they can get the stimulus payment. Generally, these are low income taxpayers, and not recipients of social security or railroad benefit. The tool is only available at irs.gov and users ...
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  • April 10
  • Posted By: Magda Abdo-Gomez
  • Posted In: Tax Returns - Filing Deadlines
  • Date: April 10, 2020
    • 0
    • 1479

Update on Tax Filing Deadlines

The IRS has just announced that additional tax return filing and payment deadlines have been extended. All taxpayers who have a tax return or tax payment due on or after April 1, 2020 and before July 15, 2020 have until July 15, 2020 to file and pay without penalty or interest. This includes individ...
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  • April 06
  • Posted By: Magda Abdo-Gomez
  • Posted In: IRS Scam Alerts
  • Date: April 6, 2020
    • 0
    • 1463

Scams Involving Stimulus Payment

Apparently not even a pandemic stops a scammer. The IRS and the Criminal Investigation Division of the IRS have detected new and evolving phishing schemes targeting the upcoming stimulus payment. The IRS is warning all taxpayers to be alert. These scams can lead to tax related fraud and identity the...
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  • March 31
  • Posted By: Magda Abdo-Gomez
  • Posted In: Tax Laws - Changes
  • Date: March 31, 2020
    • 0
    • 1383

Update on Stimulus Payment

The IRS announced last night that stimulus payment distribution will begin in the next three weeks. The checks will be distributed automatically. Those who are not generally required to file returns, such as social security recipients and low-income taxpayers, will need to file a return in order to ...
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  • March 30
  • Posted By: Magda Abdo-Gomez
  • Posted In: Tax Laws - Changes , Tax Returns - Filing Deadlines
  • Date: March 30, 2020
    • 0
    • 1903

Impact of Recent Legislation on your Taxes

I must start by hoping that as you read this, you and your loved ones are in good health and remain in good spirits during what has been a very difficult time for all of us here at home, throughout our country, and the world. Over the course of the last two weeks Congress has […]...
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  • March 02
  • Posted By: Magda Abdo-Gomez
  • Posted In: Tax Returns
  • Date: March 2, 2020
    • 0
    • 1459

Errors to Avoid when Filing your tax Return

The best way to avoid errors on your tax return is to file your return electronically instead of filing a paper return. An electronically filed return is less likely to have math errors or missing information as the tax preparation software does the math, flags common errors and prompts a user to en...
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  • February 03
  • Posted By: Magda Abdo-Gomez
  • Posted In: Retirement , Tax Laws - Changes , Tax Planning
  • Date: February 3, 2020
    • 0
    • 1549

New Tax Law May Affect Your Retirement

On December 20, 2019 the SECURE Act became law. The goal of the new law is to encourage more Americans to begin saving for retirement or to boost already established retirement plans. What does this new tax law mean for you? IRA CONTRIBUTIONS Starting in 2020 individuals may contribute to a traditio...
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  • January 06
  • Posted By: Magda Abdo-Gomez
  • Posted In: Tax Planning , Tax Returns
  • Date: January 6, 2020
    • 0
    • 1630

Tips for Tax Season

Welcome to 2020! While it may seem as if April 15 is a long way off, now is the time to start preparing for tax season. Below are some helpful tips which may help filing your tax return less stressful. Gather your records. You should develop a recordkeeping system that keeps all your important infor...
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  • December 02
  • Posted By: Magda Abdo-Gomez
  • Posted In: Year End Tax Planning
  • Date: December 2, 2019
    • 0
    • 1657

End of Year Tax Planning

It does not seem that long ago we were ringing in the new year and yet here we are facing the end of another year. This means that April 15, 2020 will be here before you know it. There is still time to plan for tax season, but time is quickly running out. Here are […]...
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Magda Abdo-Gomez

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Phone: 305-559-7478
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Recent Posts

  • Amending your tax Return
  • Steps to take if you Missed the April 15 tax Filing Deadline
  • IRS’s Dirty Dozen for 2026

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