The Treasury Department and Internal Revenue Service (IRS) are extending the deadline to file 2020 federal income taxes from April 15 to May 17. The IRS said in a statement that it will provide further guidance on the extension in the coming days. The guidance is likely to be related to tax law changes issued in […]
¿No ha Recibido Dinero como Parte del Estímulo Económico Federal?
El gobierno de Estados Unidos, a través del Servicio de Impuestos Internos (IRS) envió dinero, a las personas que califican, como parte del paquete de estímulo económico debido a la pandemia COVID-19. Algunas personas, que creen que califican, aún no han recibido el dinero y otras pueda que deban dar información adicional al IRS. Dendry […]
¿A Quién le llegará Dinero como Parte del Estímulo Económico?
El Senado estadounidense aprobó un paquete de estímulo económico de $2,000 millones de dólares para aliviar parte de la crisis generada por la pandemia COVID-19. Como parte de este paquete de estímulo el gobierno anunció que van a enviar dinero a través de la Oficina de Servicios de Rentas Internas IRS. Dendry Aguilar del Centro […]
Comptroller Franchot Speaks on Economic Impact of COVID-19 Outbreak
The state mandated Executive Order that has been put in place requires social distancing to limit the spread of the novel coronavirus. As a result, several small businesses have been required limit their hours, while some have had to close their doors completely until further notice. This pandemic is impacting not only businesses but individuals […]
IRS Extends Deadline to File, Pay Taxes Until July 15
The Internal Revenue Service (IRS) announced Saturday, that the deadline to file and pay federal income tax has been extended from April 15 to July 15 in response to the COVID-19 outbreak. This applies to individuals and businesses. And there is no need to file Form 4868 (individual taxpayer) or Form 7004 (business) for the […]
North Potomac Ranked Nationally, Locally as Great Place to Live
The website Niche has ranked North Potomac as the 13th best U.S. suburb to raise a family, as well as the best place to live in Maryland. In an email, Jessica Hair, who works in media relations for Niche said, “North Potomac rose to #13 by excelling in factors like area public schools, cost of living, […]
Gaithersburg-Germantown Chamber Celebrates National Small Business Week
At the Gaithersburg-Germantown Chamber of Commerce (GGCC) every day is a celebration of business. Lucky for us, we get one week a year to go above and beyond to recognize the critical contributions of the Upcounty’s entrepreneurs and small business owners. This year, the IRS marked the Small Business Administration’s (SBA) National Small Business Week […]
Franchot Extends Tax Deadline Because of IRS Glitch
The deadline for Maryland 2017 tax returns has been extended to tonight, Maryland Comptroller Peter Franchot announced today. The April 18 is in response to the outage of the IRS’ online tax processing and payment platform yesterday, according to a news release from Franchot’s office. The IRS encountered issues Tuesday morning with its online system. […]
IRS Issues Scam Alert for Erroneous Refunds
The Internal Revenue Service is warning taxpayers of a scam that involves erroneous tax refunds being deposited into their bank accounts. One version of the scam, according to the IRS, involves criminals posing as debt collection agency officials on behalf of the IRS. They contact taxpayers to say a refund was deposited in error, and […]
Scammers Using W-2 Forms to Obtain Your Personal Information
Officials are warning businesses about a new scam involving W-2 forms. Thieves are gaining access to employee W-2’s to access sensitive information. W-2 scams put workers at risk for tax-related identity theft. The IRS recommends that all employers educate employees about this scheme, especially those in human resources and payroll departments. Here are five warning […]
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