From Amy, Saye & Associates 1.5

Saye & Associates version 1.5

While we are not ready to launch Saye & Associates 2.0 – The Next Generation, we are in the middle of passing the baton from Ralph & Evelyn to me, their younger daughter, who has worked side-by-side with them for the past 26 years. Hence the 1.5 designation.   Ralph & Evelyn have floated the term “retirement” around and yet, they…

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From Amy

Background…

The articles here are written by me for you. The best answer in taxes is “it depends.” The constant changes and complicated interplay of each code section is a challenging puzzle to solve. My goal is to take the puzzle pieces and turn them into a discussion. Feel free to look through the articles and send me questions or topic…

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taxes, Update

What We Know So Far

The American Rescue Plan Act of 2021 created a unique situation to benefit families who are working to recover from the economic impact of the COVID-19 Pandemic. As with all new programs, there are lots of questions; add in the complicated nature of our tax code and the only answer you will get is, it depends. Here are the highlights,…

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taxes, Update

An Update from the Front Lines

The IRS has a page they keep updated and I just found this update from last Friday. I know we have several clients who have found themselves in this situation. https://www.irs.gov/newsroom/irs-operations-during-covid-19-mission-critical-functions-continue Filed an Individual Tax Return  (Form 1040) for tax year 2019 or tax year 2020, a Business Tax Return or an Amended Return (updated April 30, 2021) The IRS…

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