SBR Taxes & More

06/07/2022

IRS income tax extensions are due by October 17, 2022, if you haven't filed your tax return give us a call!

07/30/2021

𝗡𝗘𝗪: Today, SBA announced $300,000 for up to two new grant opportunities for established and aspiring Women’s Business Center host organizations. When funded, the WBC’s will provide outcome-oriented business services for women entrepreneurs in Puerto Rico. 🇵🇷

➡️ Find out how organizations can apply for funding: https://www.sba.gov/article/2021/jul/28/sba-announces-300000-fund-womens-business-centers-puerto-rico
➡️ Learn more about SBA’s programs and services for : https://www.sba.gov/women
➡️ Find WBCs and other SBA resource partners near you: https://www.sba.gov/local-assistance

06/04/2021

What someone should do if they missed the May 17 deadline to file and pay taxes

The federal income tax deadline has passed for most individual taxpayers. However, some haven’t filed their 2020 tax returns or paid their tax due.

If an individual taxpayer is owed a refund, there’s no penalty for filing late. On the other hand, tax owed and not paid by May 17, 2021 is subject to penalties and interest.

Anyone who didn't file and owes tax should file a return as soon as they can and pay as much as they can to reduce penalties and interest.

SBR Taxes & More can help taxpayers review their payment options with the IRS.

Filing soon is very important because the late-filing and late-payment penalties on unpaid taxes add up quickly. However, in some cases, a taxpayer filing after the deadline may qualify for penalty relief.

Taxpayers who have a history of filing and paying on time often qualify for administrative penalty relief. A taxpayer usually qualifies if they have filed and paid timely for the past three years and meet other requirements.⌚️💰

06/02/2021

Haven't filed? We can still help you file your taxes to reduce penalties & interest and avoid these fees from adding up.

03/18/2021

IRS has announced the Filing & Payment deadline until May 17, 2021!

07/15/2020

https://www.facebook.com/94018172953/posts/10158456560422954/?substory_index=0

GIVE US A CALL OR EMAIL US FOR A FREE ESTIMATE. Phone:(424)456-7254 or Email: [email protected]

It's TAX DAY!!! The deadline was moved from April, because of the pandemic.
Click here if you're looking for last-minute info on getting it done: https://cnn.it/2CcEDss

07/09/2020

Taxpayers should file on time even if they can’t pay their full tax bill, otherwise, they may end up owing even more because penalties and interest can cause a taxpayer’s debt to grow.
If a taxpayer owes taxes, but can’t pay by the July 15, 2020 deadline, they should:
- File their tax return or request an extension of time to file
- Pay what they can by the deadline. An automatic extension of time to file will process when taxpayers pay all or part of their taxes electronically by the Wednesday, July 15 due date.

07/02/2020

Unclaimed income tax refunds worth more than $1.5 billion await an estimated 1.4 million individual taxpayers who did not file a 2016 federal income tax return, according to the Internal Revenue Service.
The IRS extended the due date for filing tax year 2016 returns and claiming refunds for that year to July 15, 2020, as a result of the COVID-19 pandemic. As the IRS is issuing Economic Impact Payments to Americans, the agency urges taxpayers who haven't filed past due tax returns to file now to claim these valuable refunds!

Call us and ask for the special multi year filing discount if you need to file!