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. 

424751_Heartland Tax - Photos_1-051019

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

D.S.

I had previously used a tax service for my issues with the IRS and came away with a positive experience, but I did want a second opinion. Heartland explained to me thoroughly about their process and I moved forward with them. There was a chance they could better my situation, but when their review was completed, they said my other service did well by me. While I have no evidence to back it up, I feel other agencies may not have been as honest and would have taken me for a bit of a financial ride. Heartland did not. They

Donald M.

I was lost and desperate! By accident and the grace of God, I stumbled into Mr. M****** He demonstrated true concern and compassion for my delema with my tyrannical HOA. They ran up a legal bill of $225,000 over a relatively minor issue. They did this to cover up their incompetence and false statements to the Court. Mr. M***** succinctly and immediately grasped the gravity of my plight. I am forever grateful to him.

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!

Darnell L.

Jessica and the team over at Heartland have been great to work with and do their best to get an arrangement that will work for your situation. It was great that they were able to communicate directly with the IRS for arrangements on our behalf!