Exodus Insurance Group LLC

Tax Filing Season Begins

The IRS starts processing tax returns today and the deadline to file 2024 tax returns and pay any taxes owed is Tuesday, April 15, 2025.

Once filed, the status of your tax return can be checked at: https://www.irs.gov/wheres-my-refund.

Check out the valuable tax benefits available to parents from the #IRS: irs.gov/parents #NationalAdoptionMonth

If you are self-employed, including persons in the gig economy, you may need to pay IRS in quarterly installments. The deadline for estimated taxes is today, September 15. Make sure you check out, http://ow.ly/hN9a50KBis4 to learn more.

IRS Provides Penalty Relief to Millions of Taxpayers – Did You Know?

As part of ongoing COVID-19 tax relief efforts, the IRS is waiving penalties for many businesses and individuals who file their 2019 or 2020 tax returns late. Eligible taxpayers will not have to pay a late filing penalty in relation to returns for those two years. Those who have already filed their 2019 and/or 2020 returns and paid late filing penalties will receive a refund of the penalty.

This penalty waiver will be automatic for all eligible taxpayers. However, in order to receive penalty relief, taxpayers must file their 2019 and 2020 federal tax returns by September 30, 2022.

Note that this waiver generally applies only to penalties for late filing, and not to penalties assessed for late payment of tax or other reasons.

S!?@ just got real, real quick like.

U.S. Planning to Ban Russian Oil Imports The Biden administration is planning to ban Russian oil imports into the U.S. and an announcement on the issue is imminent, according to people familiar with the matter.

DYK the IRS offers the option to check your payment history for the past 24 months online? This online tool allows you to check your balance and details if you owe federal taxes. Learn more, www.irs.gov/account