Check IRS.gov for the latest information: No action needed by most people at this time IR-2020-61, March 30, 2020 WASHINGTON — The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most people. However, some seniors and others who typically do not file returns will need to submit a simple tax return to receive the stimulus paym...More

To our valued clients, First and foremost, we hope you are all staying healthy during these difficult times. At Arlyce Cleveland, Ltd. we want you to know that the needs of our clients hold great importance to us, and we appreciate the trust you put in our firm to handle your Tax needs. With that being said, the COVID-19 situation needs to be considered as we move forward into the final weeks of Tax Season. With the current regulations placed around the state of Minnesota, we have decided it...More

1099's & W2's are Due January 31st! Remember to make sure you are sending all of your 1099'S and W2'S out as soon as possible. If we are processing them for you, make sure to get all the relevant information to us so that we may assist you in sending those out. There are penalties for failure to file those forms. The baseline fine for failing to file these forms in a timely manner is $260.