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Monthly Archives: September 2020

TaxLiab

Reporting Income Earned From a Hobby

By Ronald Cutler, P.A. |

These are uncertain times and many people are attempting to make ends meet by earning side income. This does, however, often come with tax-related obligations, so if you need help determining whether you need to report income earned from a hobby or side job, you should speak with an experienced Florida tax and IRS… Read More »

TaxFile

Requesting an Automatic Tax Deadline Extension

By Ronald Cutler, P.A. |

Recognizing that many taxpayers are facing unprecedented financial turmoil as a result of the COVID-19 pandemic, the IRS recently implemented an automatic filing deadline extension. Those who qualify for this extension will have until October 15, 2020 to file their 2019 tax returns. It’s important to note, however, that the extension only provides additional… Read More »