One Star Electronic Tax Services

What is the difference between contractor and subcontractor?

Subcontractors report to the contractor, who is ultimately responsible to the client for their work. Therefore, the subcontractor is liable to the contractor, but not directly to the client.

https://www.cbsnews.com/news/tax-refund-irs-issued-12-million-refunds-for-2020-taxes/

IRS says it sent 12 million refunds averaging $1,232 a pop The tax agency said it just finished sending the refunds to workers who paid tax on unemployment benefits that they didn't owe.

Clients, future clients, and taxpayers in general. This post will apply to most men. The IRS commonly audits men that claim the Earned Income Tax Credit. Society has gotten better, but is still coming to the realization that men can actually be the custodial parent. If you receive a letter in the mail, typically a huge envelope asking you for proof that the children live with you, belong to you, and also your proof of residence, this does not mean your taxes were prepared incorrectly. This simply means that the IRS wants you to prove you are eligible for this credit. While this is a service outside of tax PREPARATION, we too are concerned with the process because it also means we have rendered a service and have not yet been compensated. We do not open at 6am on any day, nor does the IRS. We only know what you tell us and the information you provide to us. If the IRS requires something extra like rent receipts, school records etc, it is your responsibility to provide that to them. Tax refunds are NOT certain, please be mindful and understand that we are on the same side of non payment as you are when you choose to have our fees taken out of your refund. If you have not received your funds neither have we. The IRS processes returns according to THEIR timeline not ours. If your sister, or brother or mother receives their money before you, but you filed first, that is an IRS conversation not a preparer conversation. Be sure to give them the name of the person who receives their money before you did so they can cross reference why so that you will know going forward what to look for. Please enjoy this day and process this post.

It is important that you present this letter before filing to avoid delays. If you choose to file without this letter, fees will be due at the time of service.

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...

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.

IRS to recalculate taxes on unemployment benefits; refunds to start in May | Internal Revenue Service IR-2021-71, March 31, 2021 — To help taxpayers, the Internal Revenue Service announced today that it will take steps to automatically refund money this spring and summer to people who filed their tax return reporting unemployment compensation before the recent changes made by the American Rescue P...

IRS sending 2nd batch of stimulus payments For people with direct deposit, the $1,400-per-person payments began processing on Friday, and the official pay date will be Wednesday.

IRS to automatically process refunds on jobless-benefit payments The IRS will automatically process refunds for individuals who paid taxes on their unemployment benefits before Congress passed a law making those payments tax-free, Commissioner Chuck Rettig said.

https://www.google.com/amp/s/komonews.com/amp/news/consumer/irs-delays-start-of-tax-filing-season

IRS delays start of tax filing season Some bad news for anyone counting on their federal tax refund to come in mid-February – it isn’t going to happen this year. The IRS has delayed the start of the filing season until Feb. 12. Normally, the agency starts accepting tax returns in late January. Why the delay? The IRS says it....

https://www.google.com/amp/s/www.cnet.com/google-amp/news/missing-stimulus-check-you-may-need-to-request-an-irs-payment-trace/

Missing stimulus check? You may need to request an IRS payment trace In certain cases, you may need to contact the IRS to track down your second stimulus check. Here's what to know.

https://www.irs.gov/newsroom/2021-tax-filing-season-begins-feb-12-irs-outlines-steps-to-speed-refunds-during-pandemic?_bta_tid=40500753971401967057758101148602393450083774126238267270022135577583279237874993720456607312149102045796364

2021 tax filing season begins Feb. 12; IRS outlines steps to speed refunds during pandemic | Internal Revenue Service IR-2021-16, January 15, 2021 — The Internal Revenue Service announced that the nation's tax season will start on Friday, February 12, 2021, when the tax agency will begin accepting and processing 2020 tax year returns.

https://www.google.com/amp/s/www.cnet.com/google-amp/news/stimulus-check-details-income-limit-delivery-payment-rights-and-a-possible-third-check/

Stimulus check details: Delivery, income limit, payment rights, status on a third check The IRS will continue making second stimulus payments for two more days. We answer your questions about how to track it, what to do if it doesn't arrive, how eligibility rules have changed and what could happen wth a $2,000 payment.

https://www.google.com/amp/s/abc11.com/amp/stimulus-check-payment-status-not-available-irs-get-my-working-recovery-rebate-credit/9403280

Stimulus check problems: IRS says some won't get $600 directly, need to claim funds on 2020 tax return Those who are eligible and do not get a second stimulus check may be able to claim it when they file their 2020 taxes this year.

https://www.google.com/amp/s/www.cnet.com/google-amp/news/when-will-i-get-my-stimulus-check-in-the-mail-2-ways-to-track-it-through-the-usps/

When will I get my stimulus check in the mail? 2 ways to track it through the USPS A free US Postal Service feature can help keep tabs on your second stimulus check so you don't accidentally miss it or throw it away.

https://www.irs.gov/newsroom/recovery-rebate-credit

Recovery Rebate Credit | Internal Revenue Service Eligible individuals can claim the Recovery Rebate Credit on their 2020 Form 1040 or 1040-SR. These forms can also be used by people who are not normally required to file tax returns but are eligible for the credit.

https://www.fastcompany.com/90590671/irs-get-my-payment-when-will-it-show-the-status-of-second-stimulus-checks

IRS Get My Payment: When will it show the status of second stimulus checks? Show us the money: Americans are eagerly waiting to check the status of their Economic Impact Payments.

It's 2021!!!! 2020 was unpredictable, but we made it through. We have in place a system that allows us to better serve our clients through non contact options. There is drop-off service available or you can simply request a link and upload your documents. While appointments are not necessary at the moment, please be mindful that we will disinfect between clients. Thank you.

One Star Electronic Tax Services updated their business hours.