Michael J. Gollob, CPA

  • IRS Refunding Late Filing Penalties for 1040 & 1120 Returns

    tax return paperwork

    The IRS has announced that due to Covid-19, they will be issuing about $1.2 billion in refunds/credits for 1040 & 1120 filers who paid a late filing penalty. This could apply to you if you filed your 2019 return by August 1, 2020 or your 2020 return by August 1, 2021. Read the full article.

  • Are You Being Properly Withheld?

    calculator on stack of tax forms

    Did you know the IRS has a tax withholding calculator? You will be asked several questions about your filing status & your current place of employment. The only documents you need to help determine if you are being properly withheld are one of your most recent pay stubs, a recently filed tax return, and any…