Jun 15 2018

Second estimated tax payment due June 15

By GCOCPA Administrator No Comments

WASHINGTON – With tax reform bringing major changes for the year ahead, the Internal Revenue Service today reminded self-employed individuals, retirees, investors and others who need to pay their taxes quarterly that the second estimated tax payment for 2018 is due on Friday, June 15, 2018.

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Jun 12 2018

What taxpayers should know about tax return copies and transcripts

By GCOCPA Administrator No Comments

The IRS recommends that taxpayers keep a copy of tax returns for at least three years. Doing so can help taxpayers prepare future tax returns or even assist with amending a prior year’s return. If a taxpayer is unable to locate copies of previous year tax returns, they should check with their software provider or tax preparer first. Tax returns are available from IRS for a fee.

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