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  • March 27, 2020
  • 7:59 pm

Tax Day Postponed from April 15 to July 15

On Friday March 20, it was announced by Treasury Secretary Steven Mnuchin that Tax Day has been postponed from April 15 to July 15 to coincide with the delayed tax…

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  • March 25, 2020
  • 5:27 pm

Small businesses eligible for disaster assistance loans from SBA

Small businesses are now eligible for up to $2 million in Economic Injury Disaster Loans from the Small Business Administration (SBA) after President Trump called for an additional $50 billion…

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  • March 19, 2020
  • 3:42 pm

Tax payment deadline postponed 90 days, filing remains April 15

The April 15 tax payment deadline for individuals and corporations has been extended 90 days in an effort to provide relief by the U.S. government in the wake of COVID-19…

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  • February 18, 2020
  • 2:03 am

Hamilton Tharp Celebrates 40th Anniversary!

Our firm was founded in 1980, and this year we are honored to celebrate 40 years of service! As we reflect on our journey, we remain focused on an equally…

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  • February 17, 2020
  • 11:15 pm

Consider these incentives when setting your charitable contribution plan in 2020

When the Tax Cut and Jobs Act went into effect in January 2018, many taxpayers stopped itemizing their returns. The reality, however, is that unique tax situations require a unique…

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  • January 9, 2020
  • 9:48 pm

How Will the 2020 Form W-4 Impact Income Tax Withholding?

The Internal Revenue Service (IRS) recently debuted a new Form W-4 to the public. The new design aims to simplify the withholding system, replacing complicated worksheets with questions designed for…

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  • January 9, 2020
  • 9:43 pm

These Tax Mistakes Are Easy to Avoid and Costly to Make

Many small business owners approach tax season with a can-do attitude. This entrepreneurial spirit is admirable, but when it comes to compliance, it is usually best to leave tax preparation…

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  • January 3, 2020
  • 5:09 pm

2020 Standard Mileage Rates

The Internal Revenue Service recently issued the 2020 optional standard mileage rates to be used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving…

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