Happy New Year! As many of you know, we have had a challenging year and a year full of change. We have A LOT of new updates for 2023 and the upcoming tax season and A LOT of detailed information to share. It will take some time to go through it all (& digest it […]
Tax Preparation Q&A Videos
We use several different forms to ensure we’re providing quality service in prepare your tax return. Below are a series of videos giving a brief overview of the forms that we receive the most questions about so that you have an idea of what each one is and how to use it. After viewing the […]
Presidential Election Campaign Fund
Siobhan Murphy, CPA, explains what the $3 to the presidential election option is on your tax return (and tax preparation questionnaire)
Completing Tax Packets via RightSignature
You will receive an email from RightSignature.com with a link to sign the tax packet and complete the questionnaire digitally. You must complete all the required signature, date and questionnaire boxes and select “Submit Signature” before we will be notified that the document is complete. If there is more than one signer, each person has […]
Transcripts
We are requiring verification of your stimulus payment amounts, estimated tax payments and any advance child tax credits received for tax year 2021. The easiest way to provide this information is with an account transcript from the IRS. IMPORTANT NOTE: If you are Married Filing Jointly, it needs to be the TAXPAYER that creates the […]
Employee Retention Credit – Important Updates
On August 4th, the IRS released Notice 2021-49 regarding the Employee Retention Credit (ERC). This notice includes some very important updates to how the IRS is interpreting the rules of the ERC and includes some complete changes from guidance they released previously. Here are some of the critical points (please note this is not comprehensive). […]