Brian Streig

IRS could extend April 15, 2020 deadline due to Coronavirus

Update March 21, 2020:The IRS released Notice 2020-18 on the evening of March 20, 2020 and I have a new post about that notice. Notice 2020-18 extends the time to file and to pay your taxes from April 15, 2020 until July 15, 2020. The New York Times and Wall Street Journal are reporting today, […]

IRS could extend April 15, 2020 deadline due to Coronavirus Read More »

When Free File isn’t Free

Last year there was a big dust up in the tax world when ProPublica published a number of articles showing how the Free File option for American taxpayers is being hidden in a concerted effort to trick the taxpayers into paying for a similar product. Due to this revelation, the IRS and the tax preparation

When Free File isn’t Free Read More »

What tax pros want from their small business clients

If you have a small business, or are an accountant working for a small business, chances are you use a tax professional to prepare your tax returns. Now that we’re in the heart of “Busy Season”, I thought I’d take a moment to talk about the information you send to us and what you can

What tax pros want from their small business clients Read More »

IRS Identity Protection PIN

The IRS has a program to help taxpayers prevent unauthorized use of their Social Security Number and the filing of fake tax returns. Once enrolled, the taxpayer uses this the Identity Protection PIN, frequently shortened to IP PIN, to make sure no one files a tax return with their information on it without their knowledge.

IRS Identity Protection PIN Read More »

What’s your one word for 2020?

I’ve mentioned before that I am not a big fan of New Year’s Resolutions but do think of it as a time to reflect on the past year and motivate myself for coming year. To be honest, at this time last year, I didn’t know what 2019 would hold in store. It held the same

What’s your one word for 2020? Read More »

What I got out of the Video Per Day Experiment

When you accept a challenge with the intention of making positive change in yourself, sometimes you don’t know at the outset what that change will be. This was my case with the Video Per Day Experiment (#VPDExperiment). I knew it would be a change generator but I didn’t know what exactly that change would look

What I got out of the Video Per Day Experiment Read More »

Why I did the Video Per Day Experiment

Every once in a while you scroll through social media and see something that peaks your curiosity. In this case, I’m talking about seeing multiple posts about this thing called the Video Per Day Experiment (#VPDExperiment) and I immediately want to learn more. It sounded very interesting, challenging and worthwhile. I guess it would help

Why I did the Video Per Day Experiment Read More »

IRS increases retirement savings contribution limits for 2020

Every year the IRS releases inflation adjustments to amounts used in tax policy. One of these adjustments is the amount that can be contributed to retirement savings accounts. Here is your comparison of contribution amounts to your retirement accounts for 2019 and 2020. For more details on these saving accounts and amounts, visit the IRS

IRS increases retirement savings contribution limits for 2020 Read More »

Back to School – Tax tips for teachers as the new school year starts.

Wow, summer went by fast! Actually, it’s still “summer” and will be summer until Monday, September 23, 2019. And here in Texas, it’ll be summer well into October. But officially, summer break is ending for teachers and student. All the teachers I know start the new school year with excitement and engagement and then it

Back to School – Tax tips for teachers as the new school year starts. Read More »

Scroll to Top