COVID Tax Updates

Heartland Tax Solutions- We're With You:

Daily updates and changes can be challenging to keep up with, especially as your day-to-day routine has likely pivoted, even if you work in an essential industry.  Don’t worry – you don’t need to be a tax expert – that’s what we’re here for. Every member of Heartland Tax Solutions team is dedicated to creating the right solution for every client, no matter how complex your situation may be. A thorough consultation enables our team to fully understand your tax scenario, goals, and pain points before suggesting a strategic path forward. 

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Heartland Tax Solutions’ Quick to the Paycheck Protection Program (PPP)

The Paycheck Protection Program (PPP) is a loan plan from the CARES (Coronavirus Aid, Relief, and Economic Security Act). It is an approximately $350 billion initiative aimed to offer eight weeks of cash-flow aid to American small businesses via 100 percent loans backed by the federal government. The Small Business Administration (SBA) funds the loans

Tax Deadline Has Been Extended to July 15th

According to the IRS website,

“This deferment applies to all taxpayers, including individuals, trusts and estates, corporations and other non-corporate tax filers as well as those who pay self-employment tax.

Taxpayers do not need to file any additional forms or call the IRS to qualify for this automatic federal tax filing and payment relief. Individual taxpayers who need additional time to file beyond the July 15 deadline, can request a filing extension by filing Form 4868 through their tax professional, tax software or using the Free File link on IRS.gov. Businesses who need additional time must file Form 7004.

The IRS urges taxpayers who are due a refund to file as soon as possible. Most tax refunds are still being issued within 21 days.”

How to Get Your Stimulus Check:

If you haven’t finished your 2018 tax return, you file as soon as possible to get the correct payment. Submitting today can help you make sure that your bank account and home address details are current and there’s no doubt where the money will be going.

If you did not submit your refund by the time the checks go out, the federal government will use your 2018 AGI to calculate the payment.industry.  Don’t worry – you don’t need to be a tax expert – that’s what we’re here for. Every member of Heartland Tax Solutions team is dedicated to creating the right solution for every client, no matter how complex your situation may be. A thorough consultation enables our team to fully understand your tax scenario, goals, and pain points before suggesting a strategic path forward. 

IRS Informative Links

Testimonials

Diana O.

They were exquisite! I was with another legal team before them, and Heartland Tax Solutions corrected all their mistakes, they gave me the best options that fit my financial situation, and gave me a peace of mind. I would recommend them to anyone!

Dale H.

I had a unbelievable experience with heartland tax solutions. Trenton F***** did an incredible job along with his partner Joseph B*****. Together they saved us nearly $ 40,000 they took the stress and worry off of us. They were great about checking in with us and reassuring us that they would be able to resolve our tax problems. I can’t say enough good things about Heartland and there incredible staff I have already recommended them to other people that have tax problems. Sincerely Dale H****

Kenneth M.

Kenneth M This year after an IRS Revenue Officer made a scary visit to my house, it seemed like I became the most sought after potential tax client in America. It was nerve wrecking wondering how I was either come up with almost $400,000 to satisfy the IRS or loose everything. Everyday mail poured into the house from companies across the country and constant phone calls all day long! One company assured me that I needed to work with them…why?.. because everybody does and ALL of their clients are happy. They assured me they would work out an easy payment

Brian C.

Great honest service; felt like a person – not a profit center.