Tax Updates

Here is the latest update on the preparation processes for business and individual income tax returns and the upcoming deadlines. 2020 Individual Income Tax Return As many of you know, your 2020 Federal Individual Tax Return is due on Monday, May 17, 2021. The date was extended from t
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Update to Communications with BWTP

Now that we are deep within tax season, we want to revisit communications with our office and your expectations. With COVID still around, we are continuing our no face-to-face meeting policy, so transfer of documents and information will be taking place through the mail or our drop-of
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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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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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