Welcome to Circle Tax & Accounting

Circle Tax & Accounting is a virtual tax & accounting firm.  What this means for our clients is we have several options for mailing, emailing, faxing, or dropping off documents so we can meet your needs.  Please click on the Important Docs tab for information.  If you'd like to email or call us please use the information on the contact page. 

On March 17, 2020 the IRS announced it would be extending the deadline for paying your taxes.  "If you owe a payment to the IRS, you can defer up to $1 million as an individual.  Businesses can defer up to $10 million in payments."  This does not extend the deadline for filing so returns still need to be complete by April 15th or an extension needs to be filed.
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2020 Important Tax Dates:
  • January 27, 2020--First Day to e-file 2019 tax return (note that IRS is advising as always refunds will take approximately 21 days; however if part of your refund is from EIC or CTC you should not expect your refund until the end of February)
  • January 31, 2020--Tax Documents must be postmarked to recipients.  (Note that this does not include 1099's, investment documents, and K-1s.)
  • February 28, 2020--Property Tax Declarations are due as well as Kansas City, MO Business Licenses.
  • March 16, 2020--Business returns or extension are due (Form 1120S & 1065).
  • May 15, 2020--Non-Profit returns or extensions are due. 
  • July 15, 2020--New deadline for Individual returns or extensions as well as C-Corporation returns.  Payments are extended to this time as well without additional penalties/interest.  Both MO and KS have also extended their deadlines as well as 1st quarter estimated payments are due.  Please have information to us by June 15.  You can still file an extension at this point if you need more time.
  • September 15, 2020--Business returns with extensions are due.
  • October 15, 2020--Individual returns with extensions are due.
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 The IRS updated the W-4 for 2020.  If you're trying to fill out a new W-4 and you're not sure how to fill it out you can use the IRS estimator.  Please visit the IRS website for this estimator--https://www.irs.gov/individuals/tax-withholding-estimator