Author Archives: William Murphy

About William Murphy

William F. Murphy is the owner of Murphy Financial Group, P.C. The firm emphasizes in providing tax consulting and financial planning services to corporations, professional practices and individuals. He also provides consultation services on tax and financial planning issues to various news and publishing organizations on current tax law changes occurring within federal and state government. He is also the author of the “Murphy Minute” that is syndicated through various news organizations. Mr. Murphy is also associated with the law firm of Mallor Grodner LLP. The firm has offices in both Indianapolis and Bloomington Indiana. He assists in providing tax, valuation and financial analysis services focusing in the areas of Family law and business tax planning. https://www.linkedin.com/in/william-f-murphy-cpa-pfs-abv-cff-cgma-b38aa713/.

What are your options if you still owe the IRS for old tax debts? Here are the answers from “The People First Initiative” that I hope will HELP.

Posted on July 12, 2020 by William Murphy

As we approach the end of the 2019 filing season on July 15, 2020  the prospect of owing additional monies to the IRS is not a happy thought. Even worse many taxpayers find themselves adding this new debt to their … Continue reading →

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Taxpayers should file by July 15 tax deadline but automatic extensions to Oct. 15 are available

Posted on July 1, 2020 by William Murphy

IRS will not postpone July 15 deadline If you were hoping for an additional deadline…think again. Cancel that summer road trip and get those extensions DONE! If you missed it please be aware that  IRS announced late on Monday ( … Continue reading →

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Senate approves 5-week PPP extension until August 8, 2020

Posted on July 1, 2020 by William Murphy

In case you missed it last night the U.S. Senate passed by unanimous consent a five-week extension of the Paycheck Protection Program (PPP) until August 8, 2020. The SBA website should reflect this extension of time within the next several … Continue reading →

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