Getting your tax documents together to send to your tax preparer can be overwhelming, but we can help! One of the most common questions we are often asked is, “What documents are needed for individual tax returns?”. Below is a list of some basic...
On March 11, 2021, The American Rescue Plan Act included a provision to exclude $10,200 of unemployment compensation from taxable income if the taxpayer’s modified AGI was $150,000 or less. On April 1st, the State of Michigan notified taxpayers that they would...
It is important to file your income tax returns and pay any taxes that you owe, on time. The fees and interest will continue to accumulate until your balance is fully paid. If you didn’t file your taxes by the deadline, the penalties will be much higher than if...
Do you have questions regarding the third round of Economic Impact Payments? As most people are aware, the third round of Economic Impact Payments was authorized this month. The details, however, can be a little confusing. For your convenience, we have gathered...
Now Accepting eSignatures! As of January 2021, Senter CPA is now allowing our clients to sign their tax documents electronically! What Does This Mean for You? It means convenience and faster service. No more printing, signing, scanning, then emailing, delivering, or...
