September 28, 2020

2020 Tax Season approaching

Soon the 2020 tax season will be upon us. The 4th quarter of the year is a good time to evaluate your current year taxes and determine if there are adjustments to be made.  LFC can evaluate your situation and determine if you need to make changes on withholding taxes or estimated tax payments for 2020 before the the year closes.

The 2020 tax season is shaping up to be much different for taxpayers than prior years.  Covid lockdown, unemployment or furlough, or unexpected IRA distributions are some of the issues facing taxpayers in 2020.  The CARES Act has imposed major changes on taxpayers.  LFC is available to address the CARES ACT and its impact on taxpayer.

Schedule appointments by visiting the website:  wwww.lfconinc.com