Connolly, Steele & Company, P.C.

Did you file an extension until Oct. 15 to file your 2019 tax return? After finishing, you may find yourself with piles of tax-related documents. You might not want to toss them out for fear of trashing something important. Here are some tax recordkeeping guidelines. http://ow.ly/ovQC50Ci7gT

Planning to buy or sell mutual fund shares? Here are some tax hazards to avoid. http://ow.ly/QbBr50BZiku

Employees pay Social Security tax on their wages up to the current tax year’s wage base. The Social Security Administration just announced the base amount for 2021. http://ow.ly/R0ZR50BZicG

In some cases, a married couple files a joint tax return and one spouse doesn’t disclose all of his or her income. The IRS goes after the other spouse for payment. But there may be innocent spouse relief. http://ow.ly/rXkX50BLzLl