October 2020 Tax Deadline
In 9 days, the deadline to file for taxes will be reached. The IRS has extended the deadline for a second time to October 15, 2020, and it is quickly approaching. Due to the uncertainty that COVID-19 brought to many Americans and business owners, the IRS extended the deadline to help spare time for those whom are facing hardships.
The year 2020 has seen so many different and interesting turns in both the markets and in everyday life. Instead of the usual stocks and bonds performing at their usual performance year after year, we saw the rise in precious metals. Precious metals, like gold, have controlled all investors this past year. Investors like Warren Buffett, who saw the rise in gold, made the decision to switch his investment strategy and invest in precious metals other than his usual investment portfolio in the financial banking system. We saw the unemployment rate skyrocket as millions of Americans were laid off due to income and revenue loss for thousands of businesses and departments within businesses. The year 2020 has been nothing but a nightmare that has become a reality with all the hardships that have occurred.
The IRS has taken notice and has been kind to extend the tax deadline to October 15, 2020. MBA Financial & Accounting Solutions have been providing the best in quality for tax preparation. Our QuickBooks certified team works around the clock, especially in the time for filing taxes and making sure our clients receive the best service. PowerAgent News Magazine and the Motion Picture and Television Directory Magazine have both labeled MBA Financial & Accounting Solutions as a “Top 10 Accounting Firm in Los Angeles”. Trust us to to make your tax preparation easier for you in these stressful times. Contact us today at (800) 576-5746.