Written by: Gene G. Smith, CPA With the availability of tax preparation software there are many Americans who are preparing their own tax return. According to one source I found in an internet search 33% of Americans file their own return, 56% have a professional prepare their return, and the other 11% were not sure.
Rightfully so, the Internal Revenue Service announced late today that it will allow an extension to victims of recent North Carolina storms whose towns or businesses fall in areas designated as Federal Disaster regions. The IRS is moving the tax deadline to June 30 for those affected. Read the full story here. Any thoughts about