We are excited to announce that James (Jim) B. Wagoner, CPA will become the Managing Partner of Greenwalt CPAs effective January 1, 2022. Jim is becoming just the 5th Managing Partner in the firm’s 76 year history and his enthusiastic approach to excellent client service will ensure the continued success of the firm and our […]
As you may have heard, yesterday the IRS announced it is extending the Federal tax due date by one month to May 17, 2021. Per IRS Notice (IR-2021-59), this only extends the Federal individual income tax return and any 2020 tax payment. This does not extend the state income tax return, nor does it extend […]
Individuals can begin filing tax returns with the IRS later this week and many are in the process of gathering tax documents. As you look back over 2020, below are a few reminders. Charitable contributions. In the past couple of years most individuals have been claiming the standard deduction. For 2020, if you use the […]