Associates Business Services of North Texas

Tax law changes have extended or changed many expiring tax law provisions, including:
*Treatment of mortgage insurance premiums as qualified residence interest
*Reduction in medical expense deduction floor
*Deduction of qualified tuition and related expenses
*Energy efficient homes credit
*Emplo...

Updated August 3, 2020

The Internal Revenue Service reminds taxpayers and tax professionals to use electronic options to support social distancing and speed the processing of tax returns, refunds and payments.

To protect the public and employees, and in compliance with orders of local health au...

IR-2020-117, June 9, 2020

WASHINGTON — The Internal Revenue Service reminds taxpayers that estimated tax payments for tax year 2020, originally due April 15 and June 15, are now due July 15. This means that any individual or corporation that has a quarterly estimated tax payment due has until Ju...

May 5 deadline approaching for VA, SSI recipients with eligible children to quickly add money to their automatic Economic Impact Payment

Texas Small Businesses
Update on "Retail-To-Go" Operations: On April 17, 2020, the Governor announced that select activities and services that pose minimal to no threat of spreading COVID-19 are allowed to reopen, including a "Retail-To-Go" model for Texas businesses. The "Retail-To-Go" model wil...