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COVID-19 Relief Bill Update

To our Valued Clients and Associates, At long last, the House and Senate have agreed to a second significant stimulus package.  We will highlight some of the more salient points from the over 5,500-page bill.  As is with most government bills, there is a lot...

Massachusetts Grants for Small Businesses

To our Valued Clients and Associates, On Thursday October 22, the Commonwealth of Massachusetts announced a new grant program for small businesses.  The two-tiered program offers grants of up to $25,000 for businesses with five or less employees, while companies with...

PFC Loan Summary – March 30, 2020

To our Valued Clients and Associates, With the passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act (the third stimulus bill related to the Covid-19 pandemic) on Friday, the Government has provided much needed relief to small businesses. However,...

Dear Valued Client,

As we prepare for the start of tax season we wanted to remind you of important dates and items that relate to the 2023 tax season.

2022 4th Quarter Estimates
As a reminder the 2022 4th quarter individual tax estimates are due Monday January 16th.

2022 1099 filings
We want to remind you that Paresky Flitt & Company, LLP does not prepare 1099s. 1099s should be prepared in house, by your payroll provider or your bookkeeping service.

2023 Tax Filing Season

S-Corporation and Partnership Tax Return Filing Deadline
The 2022 S-Corporation and Partnership tax return filing due date is currently Wednesday March 15, 2023. We will attempt to complete your tax return by this filing deadline, however, if we receive your information after February 8, 2023, we may have to file an extension due to insufficient time available to prepare a complete and accurate tax return. If an extension of time is required, any tax due with this tax return must be paid with that extension.

Individual, C-Corporation and Trust Tax Return Filing Deadline
The 2022 Individual, C-Corporate and Trust tax return filing due date is currently Tuesday April 18, 2023. We will attempt to complete your tax return by this filing deadline, however, if we receive your information after March 7, 2023, we may have to file an extension due to insufficient time available to prepare a complete and accurate tax return. If an extension of time is required, any tax due with this tax return must be paid with that extension.

We would like to thank you for your business. We are so very appreciative that you have selected us as your CPA firm. We look forward to speaking with you soon!

Your friends at Paresky Flitt & Company, LLP