Candace Jones With Performance Tax Group

Did you know the official date to start e-filing is Monday Jan.24th. The IRS will be accepting 2019-2021 tax returns.

📍Tax Filing Season Start - Did You Know?

📌The IRS has announced that the individual tax filing season will start on Friday, February 12, 2021 and the current deadline to file 2020 tax returns and pay any taxes owed is Thursday, April 15, 2021.

🔑 Although the IRS systems open for processing on February 12, you do not have to wait until then to begin preparing for your tax return.

‼️New mileage rates for 2020‼️

IRS issues standard mileage rates for 2020 | Internal Revenue Service IR-2019-215, December 31, 2019 — The Internal Revenue Service today issued the 2020 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.