What to Expect for the 2024 Tax Season
With a new year comes new deadlines and changes. In this blog post, we’ll give you an overview of important tax deadlines, what you should expect when filing your 2023 tax return, and key updates to tax laws for the year.
Working Families Tax Credit
The Working Families Tax Credit is a new tax credit available for low-to-moderate income Washington residents.
Tax Season begins January 23, 2023!
Tax season officially begins on Monday, January 23, 2023! We look forward to seeing you this year. Like previous years, we are offering tax prep filing services in a variety of ways.
What to Know for the 2023 Tax Season
A new year means new changes! In this post, we’re going over the changes made for the 2022 tax year that you will see when filing your taxes this year.
IRS Error Regarding CP14 Notices
Balance due notices (CP14) have been incorrectly issued to some taxpayers who filed married filing jointly.
1099-K | The Basics & What’s New
Updates to the threshold requirements for Form 1099-K mean that more people will receive this form than ever before.
Tax Season Begins January 24, 2022
The IRS will begin accepting and processing 2021 tax year returns on January 24, 2022.
Special Tax Considerations for 2021 Charitable Contributions
If you donate to a 501(c)3 organization, then you can claim charitable donation as a deduction on your tax return.
About IRS Letter 6470
IRS Letter 6470 addresses a taxpayer's right to appeal changes the IRS made to the amount of the Recovery Rebate Credit you claimed on your 2020 tax return.
What You Should Know About the Advance Child Tax Credit Payments
This blog post will go over some information you may want to know about how these payments may affect your taxes next year and why you may want to unenroll for future payments.
Advanced Child Tax Credit | FAQs
The Child Tax Credit (CTC) is a credit available to individuals who claim a child as a dependent and meet certain conditions.
IRS Letter Regarding 2020 Recovery Rebate Credit
Taxpayers who claimed the Recovery Rebate Credit (RRC) on their 2020 tax return may receive a letter from the IRS notifying them that the credit amount has been changed and corrected.
Filing 2020 Unemployment Compensation
The IRS has released additional guidance on how to include unemployment compensation on your tax return and how they will handle refunds for those who have already filed.
Tax Deadline Extended to May 21, 2021
This is an automatic extension and gives taxpayers an extra month to file and pay most federal income tax.
Economic Impact Payments | Round Three
The American Rescue Plan Act of 2021 issues the third round of Economic Impact Payment. Here’s what we know.
Recovery Rebate Credit
Eligible individuals who did not receive these Economic Impact Payments or the full amount may claim them as a credit, known as the Recovery Rebate Credit, on their tax return for 2020.
Important 2021 Tax Season Dates
Here are some of the most important dates for the 2021 tax season. However, depending on your tax situation, there may be other important dates you need to be aware of.
IRS Identity Protection PIN (IP PIN)
On January 12, 2021, the IRS expanded the Identity Protection PIN Opt-In program to all taxpayers who can verify their identities.
What’s New in 2021
2021 is here and here’s what you should know about this year’s tax season.