Flores Tax Service

Hello 👋
We are back in office !
Starting January 19th by appointment only!
Please leave a voicemail or text message to secure your appointment
(219)871-0518

Holla👋
Estaremos de regreso en ofecina empezando el 19 de Enero
Por cita solamente
Por favor dejar mensaje de voz or mensaje de texto para segurar su cita
(219)871-0518

Hello everyone, we hope you are having a great summer.
We want to let you know that our office is currently closed until the beginning of October, 2023.
If you have any questions, leave an email at [email protected]
Text or voice mail to (219) 871-0518

Thank you.

Happy New Year! Who's ready for tax season?! 😅😅😅 Here's a little guidance on the upcoming season.

There are many changes coming and some credits are returning to pre-epidemic levels. Changing credits include the child tax credit, earned income credit, child and dependent care credit, and education credit.The following link will take you to the IRS' "Get Ready" page. https://www.irs.gov/individuals/steps-to-take-now-to-get-a-jump-on-next-years-taxes Check the site for steps to prepare for the season and for information on the tax law changes.

This year, the IRS will tentatively begin processing 2022 returns on Tuesday, January 17th. Keep in mind that many forms are not required to be mailed to taxpayers until January 31st so you may not receive all applicable forms until mid-February. However, if you have all of your tax forms before the season's opening date, you can have your return prepared and submitted ahead of time. The IRS will process it as soon as the season opens.

If you received unemployment compensation during 2022, you must also download your Form 1099-G by logging into your account. Filing a return with the incorrect amount(s) will cause a delay in processing your return.

This year, many companies such as PayPal and Venmo, were supposed to begin issuing 1099Ks for third party payments over $600 for the year. If you are self-employed, these payments are income and should be reported, in addition to other business income and expenses. If any of the payments are personal, you must contact the company to make any necessary corrections. The IRS has issued a delay to this requirement and will not require it until the following tax season. However, you may still receive a form during this transition period as the IRS only recently announced the delay.

If you are a business owner or a taxpayer that has had any changes affecting your tax situation, you do not need to wait until the end of the season to file your tax return. You can get ahead by preparing your return and finding out any balance due. This will allow you more time to save money for your balance. Your return can be post-dated or submitted later. You have until April 17th (or October 16th if you file an extension) to submit your return, but your balance, if any, is due by April 17th.

I highly recommend that you create an IRS and IN online account, if you don't already have one. I have included the links here. https://www.irs.gov/ https://mytax.indiana.gov/_/ For the IRS, click on "Sign in to Your Account" in the middle of the page, then click "Sign in to Your Online Account" at the top, then click on "ID.me Create an Account" in the middle of the screen. For IN, follow the applicable steps. If you have received a letter from the IN Department of Revenue in the last 90 days, click on "Sign Up" on the right side of the screen, then "Next," and then enter your information as required. If you have not received a letter within the last 90 days, click on "Request a Letter ID" under the Individuals heading below and to the left of the login box. The Department of Revenue will send you a letter within 10 days to the address on file. Once you receive the letter, proceed with the aforementioned steps.

Lastly, I would like to remind you of the IRS' mileage record requirement for business owners. If you are not already keeping a record, whether handwritten or electronic, you should start as soon as possible. MileIQ and QuickBooks are some trackers that you can use. MileIQ is about $60 a year and QuickBooks is as low as $15 per month. If you have no need for any other income and expense tracking, you can look for other mileage only trackers, such as MileIQ.

If you have any questions or would like to schedule an in-person appointment, please message me. My contact information is below. In-person by appointment only.

219.871.0518 Tel
219.210.1515 Tel
[email protected]

Digital Wallet, Identity Verification, and More | ID.me ID.me Wallet simplifies how individuals discover and access benefits and services through a single login and verified identity.

https://www.cbsnews.com/news/tax-refund-delay-irs-millions-returns/

IRS is holding millions of tax returns, delaying refunds People usually get their refunds within three weeks, but this year is proving complicated for nearly 30 million filers.

https://bit.ly/33jZ3gi

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.

https://www.irs.gov/newsroom/2022-tax-filing-season-begins-jan-24-irs-outlines-refund-timing-and-what-to-expect-in-advance-of-april-18-tax-deadline

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.

La fecha límite de impuestos este año es el 18 de abril para la mayoría. insta a contribuyentes a presentar electrónicamente con depósito directo después reunir toda información necesaria para su declaración precisa y evitar demoras de reembolsos. https://go.usa.gov/xt2FF

Taxpayers using the new mobile-friendly verification process can access several IRS online services including:
• Child Tax Credit Update Portal
• Online Account
• Get Transcript Online
• Get an Identity Protection PIN
• Online Payment Agreement

Simple, Secure Identity Verification | ID.me ID.me simplifies how individuals share and prove their identity online. ID.me's next generation platform facilitates identity proofing, authentication, and group affiliation verification for over 500 organizations.

Officially, tax season is starting , make sure you have all your forms and letters from IRS, before filing to avoid any delays

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.

https://www.politico.com/news/2022/01/10/treasury-tax-filing-season-526833?utm_source=facebook&utm_medium=news_tab

Treasury warns taxpayers to brace for a turbulent tax-filing season The IRS is still dealing with backups in processing returns from the past two filing seasons.

Keep your eye out for this letter.

sending letters to recipients of advance payments and third . Using the information in these letters when preparing your tax return can reduce errors, avoid refund delays. https://go.usa.gov/xt3mm

It is offical We are now working in the office Flores Tax Service 150 East US Hwy 20 Michigan City,IN 46360 219-871-0518 We offer Bank Products, Direct Deposits, E-File and many others services for your needs. Give us a call or text us.... Happy to be back to work and look forward to seeing you this year.

In this upcoming tax season we are going to start working by drop offs and previous appointments only.

Please call, send a text message or whatsapp to (219) 871-0518 for more information or to make an appointment.
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En esta próxima temporada de impuestos, comenzaremos a trabajar solo mediante citas previas o bien dejando sus documentos y pasar por ellos una vez que su impuestos estén listos.
Favor de llamar, enviar mensaje de texto o Whatsapp al numero (219) 871-0518 para mas información o para agendar su cita.

Tax season is about to start again

If you have received advanced child tax credits payments; this info is for you:

In January 2022, the IRS will send you Letter 6419 to provide the total amount of advance Child Tax Credit payments that you received in 2021. You need to keep this and any other IRS letters you received about advance CTC payments you received with your tax records and refer to them when you file.

Yes, we are still working on tax returns, in case you haven't filled yours yet.

Call (219) 871 0518 for more information or send a message to (219) 210 1515

Flores Tax Service now takes appointments on their Page.

Flores Tax Service is Operating Under New Hours
Monday - Wednesday, Friday and Saturday.......10am- 4pm
Sundays (CLOSED)
*We are still taking precautions of Covid-19, so we please ask to wait in your car and call us upon arriving to the building. Please schedule an appointment by messaging or calling Flores Tax Service at (219)210-1515.
Thank You!