Deadline Today for Individual Income Tax Returns: Extensions, Other Help Available

Internal Revenue Service

The Internal Revenue Service reminds taxpayers that the deadline for filing most individual income tax returns this year is May 17. The agency also wants taxpayers who have yet to file their tax returns to know that there are a variety of options available to help them. IRS tax help is available 24 hours a day on IRS.gov. Whether filing a tax return, … [More]

Avoid a Tsunami of Business Bankruptcies

by D. Lamar Hawkins and J. Phillip Glasscock

Recent bankruptcy announcements from Neiman Marcus, Garden Fresh Restaurants and J.C. Penney are the beginning of a cresting tidal wave. The retail and restaurant industries have been devastated by the COVID-19 pandemic and related quarantine orders, with many other businesses on the brink of bankruptcy. However, bankruptcy isn’t always necessary, even when a business is in … [More]

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