ESH Accounting Ltd.

As predicted, we have many extensions this year. We are working hard today to reach out to as many clients as possible to confirm the extensions. We will be closing our office this Wednesday (4/19) and Thursday (4/20) to give our staff a much needed break, but we will be back Friday (4/21).

If we filed an extension for you, we will contact you when everything is completed.

Hi all! As we inch closer to the April 18th deadline, we wanted to give a quick update. Obviously, we have been moving much slower trying to operate with one less person. We have been working as fast as we can, but for obvious reasons, it is not as quick as previous years. At this point, anyone that has not dropped off their tax documents yet is guaranteed to get an extension. We will be reaching out to clients throughout next week to notify you if we will be filing an extension or not. Thank you for your understanding.

We've been quiet on here because we have been VERY busy. We want to thank you all for being so kind and understanding and all the well wishes during this time. Ed is doing really well, and we're feeling very hopeful that he will be back in the office part-time before the end of tax season! 🥳

A quick note on our Saturday hours: Starting Saturday March 4th, we will be changing our Saturday hours to 9 am until 2 pm. We're trying to give ourselves a little grace during this time, and it gives us a few more hours to buckle down and get your taxes worked on.

Again, thank you, thank you, THANK YOU for all the understanding and kindness you have showed our office, Ed, and the family. We have some of the best clients around!

A note from Shannon:

Hi All,

I wanted to touch base with everyone about this tax season. As you all know, this is a family business, and with that, family always has to come first. Yesterday morning, my dad, Ed, had a heart attack. He is okay, but he is in the hospital and waiting to have surgery. We aren't sure when he will be back in commission, so as of right now, not only are we down one person for now, we are obviously dealing with the emotional toll of this. We had planned on doing appointments this year, but with this, it just isn't possible. We are going to ask everyone to proceed as we did last year with just dropping off your tax documents. We will be making calls tomorrow to cancel appointments that had already been scheduled.

We will get through this, but we hope everyone will understand if getting through everything takes longer this year or if some folks need extensions when they normally do not.

I know that many of our clients have been coming to us since much longer than I have been with the company, and I know many of you love Ed too. I wanted to be honest with everyone about what is happening. Because this just happened, we are still trying to get our bearings and figure out some small logistics, but I will try to keep everyone as up to date as possible.

Thank you in advance for the understanding and love at this time.

Reminder: We are using the Taxes To Go app again this year!

With this app, you can securely submit your tax documents, chat with our professionals, and sign for your taxes all in one place.

Download the app at the link below with referral code 8625. Once you get all of your documents uploaded, send Shannon an email at [email protected] with the assigned Tax Code, and we will get started on your return!

ESH ACCOUNTING LTD | Referral Download ESH ACCOUNTING LTD Mobile App Referral Download

Hi all! We're looking forward to seeing you all starting in a few weeks. We have a few notes on the 2022 Tax Season:

1. We are not taking on new individual tax clients at this time. We want to make sure we can give the best service we can to our current client base.

2. We will be offering limited appointments again this year. We will only offer appointments Mondays through Thursdays 4:30 PM until 6 PM and Saturdays between 9:30 am until 3:30 pm. That means that not everyone that wants appointments will get them, but we can make time for telephone appointments throughout the day as well to answer any questions you may have. You can still always drop your documents off at our office, and we can finish the return and call you when it's ready, as well.

3. Unfortunately, we have decided to raise our fees. Our overall expenses have increased quite a bit over the last year, mainly paper, which has almost doubled.

As of right now, the official electronic filing start date is January 23rd. We will keep you posted if that date changes. We look forward to seeing you all over the next several months!

ESH Accounting Ltd. updated their business hours.

Hi All! FYI, we still have a lot of returns to complete by next Monday's deadline. If you have not brought your documents in yet, you will be receiving an extension. Likewise, if you need an extension, please call our office or email Shannon at [email protected].

FYI, our phones and internet have been off and on. If you have urgent questions, please email them to [email protected].

Quick reminder: If you use the phone app, please email [email protected] with the assigned tax code in the app

We are finally open for the day! Ed is in the office until 5 today.

Update: None of us have been able to get out of our driveways. We are hoping to open today at some point, but we don’t know when. We will update when we have an ETA.

FYI, we will be opening late today due to the weather. We will be in by 10 am.

The IRS has announced that they will begin accepting returns on January 24th.

2022 tax filing season begins Jan. 24; IRS outlines refund timing and what to expect in advance of April 18 tax deadline | Internal Revenue Service IR-2022-08, January 10, 2022 — The IRS announced that the nation's tax season will start on Monday, January 24, 2022, when the tax agency will begin accepting and processing 2021 tax year returns.

Here's a quick update on our procedures for the 2021 tax season. We have decided to, once again, forgo in office appointments this year out of an abundance of caution. If you haven't receive it yet, you will be receiving a letter within the coming days explaining our decision making process. We have realized that if any of our staff comes down with COVID during the tax season, it will seriously impact our ability to help our clients. If you have any questions, please feel free to give us a call or shoot us an email.

"To help taxpayers reconcile and receive all of the Child Tax Credits to which they are entitled, the IRS will send Letter 6419, 2021 advance CTC, starting late December 2021 and continuing into January. The letter will include the total amount of advance Child Tax Credit payments taxpayers received in 2021 and the number of qualifying children used to calculate the advance payments. People should keep this and any other IRS letters about advance Child Tax Credit payments with their tax records."

We are strongly encouraging our clients to include these letters with all of your tax documents, so we can accurately report your child tax credit advance and stimulus payments.

IRS issues information letters to Advance Child Tax Credit recipients and recipients of the third round of Economic Impact Payments; taxpayers should hold onto letters to help the 2022 Filing Season experience | Internal Revenue Service IR-2021-255, December 22, 2021 — The Internal Revenue Service announced today that it will issue information letters to Advance Child Tax Credit recipients starting in December and to recipients of the third round of the Economic Impact Payments at the end of January. Using this information when p...

Hi all! While we are getting ourselves prepared for our busy season, we also wanted to put a call out to our followers to assist those in need in our community. The brand new Aurora Community Fridge project organized by Aurora Indivisible and assisted by the Aurora Interfaith Food Pantry is looking for specific items to be added to the fridge and pantry. If you would like to help out our community, you can drop off donations to our office Monday through Friday, 9 am to 5 pm.

Some items that are in need are:
◾️Toiletries (toothbrushes, toothpaste, deodorant, shampoo, conditioner, etc)
◾️Feminine hygiene products
◾️Baby supplies (diapers, formula, etc)
◾️Warm weather accessories
◾️Paper shopping bags

You can reach out to Shannon at [email protected] if you have any questions. Thank you in advance for helping us support our community! If you would like to check out the fridge/pantry yourself, it is located behind Endiro Coffee in downtown Aurora. You can also visit their website/page for more info.

We are currently looking to have someone join our practice as a part-time Junior Accountant. This position would be 20-30 hours a week. The position could lead to a full-time position after the completion of the 2022 tax season. This position is ideal for a candidate that is looking to gain more experience in several areas of accounting or looking for a slightly more flexible schedule during our busiest season. This position has a possibility extending employment past tax season, potentially as full-time. The job would entail:

• Individual and corporate tax preparation:
o Supporting the other accountants in completing 1040, 1120, and 1120-S returns
o Contacting clients about missing documents or completion of returns
• Bookkeeping duties:
o Compile monthly/quarterly reporting for corporate clients
o Assist with year-end financial statements
o Prepare general ledger entries
o Assisting with monthly and quarterly payroll tax processing and returns
o Perform other accounting and office duties

Qualifications:
• Bachelor’s Degree in Accounting or applicable work experience
• Strong communication and analytic skills
• Intermediate knowledge of Microsoft Office suite (Word, Excel, Outlook, etc.)
• Strong computer skills
• Strong attention to detail
• Desire to learn and ask questions

Much like the rest of the country, our phones and internet are down. You can reach Ed at [email protected] and Shannon at [email protected].

Massive Comcast outage reported across Chicago area, 6 states CHICAGO — A massive Comcast outage has been reported across six states, including Illinois. The outage started around 7:30 a.m. Tuesday morning and is affecting internet, TV and phones. The company…

A transformer blew up by our building, knocking out the power. We’re closing the office for the rest of the day, but you can reach Shannon via email at [email protected] until 5 pm.

If you receive any notices from the IRS, please bring them to us for review before you do anything. We have been noticing an uptick in "Additional Tax Due" notices being sent in error, and we don't want any of our clients to pay more than they need to.

We will be closing at 3 PM today due to electrical repairs to lines connected to our building. We apologize for the inconvenience.

The IRS has started sending CP14 Notices to taxpayers who filed their tax returns prior to the unemployment income exclusion, but only paid the amount due shown after the exclusion was applied. The CP14 Notices are requesting payment of the remaining tax that would have been due prior to the exclusion. The IRS is still in the process of re-calculating and adjusting any refunds or balances due on these returns. Taxpayers do not need to pay the remaining balance of the tax they would have owed prior to the exclusion, and amended returns should not be filed for these taxpayers. When the IRS re-calculates these returns, the taxpayer will receive another mailed notice, usually within 30 days of when the correction is made. For more information, see the IRS FAQ for 2020 Unemployment Compensation Exclusion Topic G:

2020 Unemployment Compensation Exclusion FAQs — Topic G: Receiving a Refund, Letter, or Notice | Internal Revenue Service Frequently asked questions about 2020 Unemployment Compensation Exclusion — Receiving a Refund, Letter, or Notice.

We have had many phone calls about clients not receiving refunds. Unfortunately, it seems that it is what we suspected; the IRS did not have to time to prepare for many of the tax law changes that affected the 2020 tax year, so a lot of people's refunds ended up getting stuck in a "review" que. At this time, there isn't much we can do other than wait until you receive a notice from the IRS explaining the delay. If you receive a letter, please notify us, and we will see if there is anything we can do to speed up the process.

IRS is holding over 29 million tax returns, delaying refunds for many poorer Americans The Internal Revenue Service is holding 29 million returns for manual processing — delaying refunds for many — because of pandemic-related law changes, processing errors, and fraud detection.

FYI!! The filing deadline has officially been extended to May 17th 2021!

Tax Day for individuals extended to May 17: Treasury, IRS extend filing and payment deadline | Internal Revenue Service IR-2021-59, March 17, 2021 — The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021.

Wow! What a crazy tax season we have had. We just wanted to share a couple of updates with you!

1. In the latest stimulus package, there is legislation in there to allow anyone who received unemployment for 2020 to reduce their taxable unemployment income by up to $10,200 per person within certain income thresholds. We are still waiting on the IRS to issue their ruling and our software company to update our program. As soon as those two things happen, we will be able to complete the returns that contain unemployment, and we will be reaching out to anyone who needs to have their return amended.

2. The IRS began sending out the initial $1400 stimulus payments this week. We do not have any information about who they are sending those payments out to first or anything other than what is out in the media. We are trying to keep up with it, but we might not have all of the answers for you at this time.

3. If you sent your documents through the phone app and have not done so already, please email Shannon at [email protected] to give her your assigned tax code from the app.

Thank you!

Not great timing! Our phone lines are down and might not be back until tomorrow. In the mean time, you can reach Ed at [email protected] or Shannon at [email protected].

FYI, if you received unemployment in 2020, you will need to retrieve your 1099-G from the IDES website to report on your tax return. They were made available on January 29th!

1099G form - IDES In order to protect everyone through social distancing, IDES offices are closed to the public until further notice. Click for more information. Copyright © 2020 Illinois Department of Employment Security

If you have yet to receive your second round of stimulus checks, you can find out when and how you will receive it at the link below! If you don't receive it by the time we file your taxes, we can collect it for you on your tax return.

Get My Payment | Internal Revenue Service Use Get My Payment to get information about your payment status and payment type.