Gerardo Aguirre, CPA

If you haven’t done so, take a few minutes and update your bank account information.

This demonstrates the need across the country. Let’s hope additional funding is approved.

The SBA issued guidance for independent contractors, sole proprietors and others with self-employment income to apply for forgivable loans under the $349 billion Paycheck Protection Program. Details at https://bit.ly/2yjGlWs

The IRS is encouraging taxpayers to file their taxes electronically during the three-month extension period.

The IRS deposited the first wave of stimulus checks to Americans, part of the $2.2 trillion economic relief package Congress passed in March.

Some brief info on the CARES Act for individuals. Much needed assistance in a time of financial crisis. Stay safe everyone.

Direct deposit refund filers to start receiving payments within 3 weeks.

The U.S. will extend the individual tax filing deadline until July 15, Treasury Secretary Steven Mnuchin said on Twitter.

Proceed with caution...and plan ahead. Never too late to get your books in order and have full confidence in your business’ financials.

Tax season is upon us! Reminder: Certain compliance filings are due end of January. Feel free to contact me to discuss the recent changes to tax law that may impact you and your business.