We are delighted to announce the launch of our new website!

New Website Coming Soon!

• The IRS extended the federal tax deadline to July 15 due to coronavirus concerns.
• Now, state income tax deadlines have been extended in all 41 states with personal income tax.
• Most of the states have new due dates in July to line up with the federal tax deadline. A few states have due dates in June; Mississippi’s new deadline is May 15.
• Scroll to the bottom of this story for a state-by-state list of tax deadlines.

Recently passed tax bill denies (effective for amounts incurred after 12/31/17) the deduction for business entertainment (events, athletic events, recreation and amusement, etc.). The 50% deduction for business meals is still available assuming all the requisite requirements are maintained (documented as to who, what, when, where, and that a substantial business discussion takes place during the meal).