Tax Day for Individuals Extended to May 17: Treasury, IRS Extend Filing and Payment Deadline

The Treasury Department and Internal Revenue Service announced that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021 to May 17, 2021. The IRS will be providing formal guidance in the coming days. Individual
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Congress Passes The American Rescue Plan Act (ARP Act)

Today the House passed the American Rescue Plan Act (ARP Act) of 2021 (the stimulus package) with the amendments passed by the Senate, and the Act is expected to be quickly signed by the President. Below are some highlights of the ARP Act. $1,400 per person stimulus payments for taxpa
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BWTP Building Closures

As we have previously communicated, the BWTP office has extended our internal procedures through at least the next few months to safeguard our team members and clients. Though we are not holding client meetings in our office, clients have been coming to drop off their information in o
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IRS Stimulus Payments Update

The IRS says that they have completed distribution of all stimulus checks or payments. The first round of checks of up to $1,200 per person started going out last April. In the second installment, checks up to $600 per person started going out around the new year. Those who still have
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Internet Security and Communications with BWTP

In this electronic age, everyone must be watchful for internet hackers trying to obtain information that they can use to their advantage. With income tax filing season upon us, there will be communication between BWTP and our clients that will be done electronically. With COVID still
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