As of March 22, 2021 these are the due dates for the following state returns. Should dates change we'll update this page. When in doubt, always check your state's webpage for taxation.
Alabama - May 17
Alaska - No state income tax
Arizona - May 17 pending
Arkansas - May 17
California - May 17
Colorado - May 17
Connecticut - May 17
Delaware - May 17
Florida - No state income tax
Georgia - May 17
Hawaii - No changes announced
Idaho - April 15
Illinois - May 17
On March 11,2021, the president signed into law the American Rescue Plan Act. This bill includes provisions that have major tax impacts for the 2020 and 2021 tax returns.
The RELIEF Act of 2021 is an emergency economic impact and tax relief package that will provide more than $1 billion for Maryland working families, small businesses, and those who have lost their jobs as a result of the COVID-19 pandemic.
RELIEF Act Economic Impact Payments
COVID-19 Relief Law Boosts Temporary Tax Deductions and Credits
Embedded in the COVID-19 relief law is $900 billion for financial assistance.
As you would expect in these unusual times, some of the relief is in the form of direct government financial assistance and some is from tax benefits that can impact both tax year 2020 and tax year 2021.
Most of the provisions create extra deductions or credits where Uncle Sam puts cash directly into your wallet.
Who Qualifies for First-Draw PPP Money Today?
Two things to know about the Paycheck Protection Program (PPP) first draw enacted on December 27, 2020:
At the end of 2020, the new $900 billion coronavirus relief package became law. This relief expanded the existing "Economic Impact Payment" program with an additional $600 stimulus payment to taxpayers provided that they had previously filed a 2019 tax return. Unlike the first economic impact payment released in April of 2020 where the IRS determined the amount of the payment based on either a taxpayer's 2018 OR 2019 tax return, this payment is again only based on the taxpayer's 2019 tax return.
We are super excited to be rolling out a brand new client portal system this month to replace our current client portal. Our new portal system is from a company called Canopy, and just like our current portal, it will be the most secure gateway for you to send us important documents and for us to send you important documents.
Here's some of the new features that come with the portal:
Hi Friends, what a crazy year it's been!
In January 2020, I thought my largest challenge would be running the practice my mother founded, with her now in retirement. Turns out I was wrong. I could not have predicted the challenges that have faced us all. While we met with many of you in person this year, we did close the office to the public starting in March 2020 for a virtual tax year and it worked out well for everyone.
