Mar. 15th Deadline for Some Businesses – Update On Unemployment Benefits

Mar. 15th Deadline for Business Returns 
Tax Update On Unemployment Benefits 

If You Are A Business and Need to Meet the 3/15/2021 Deadline
Contact RTW to File Your Extension TODAY

  • Schedule an appointment click this link
  • Same day appointments are often available.
  • To speak with us right away call (855) 205-8486
  • RTW can complete the entire filing process remotely!!
  • Use RTW’s secure drop box to upload your tax information 
  • RTW can still submit your request for an extension after the 3/15/2021, but IRS will assess penalties for late filings.

Tax Update On Unemployment Benefits

  • With the latest passing of the COVID bill, $10,200 of unemployment benefits is NOT taxable
  • We are now waiting to find out for those who have filed tax returns, how to adjust their tax returns for this new development. 

Note that all tax software companies are now working with the IRS to account for this change.  We will keep everyone abreast to ensure that they receive a credit for the $10,200 in unemployment benefits.