Aaron D. Witherspoon, CPA, MBA, MST

2024 Tax Refund Calendar! 💰 💴 💰

https://www.irs.gov/newsroom/2024-tax-filing-season-set-for-january-29-irs-continues-to-make-improvements-to-help-taxpayers

2024 tax filing season set for January 29; IRS continues to make improvements to help taxpayers | Internal Revenue Service IR-2024-04, Jan. 8, 2024 — The Internal Revenue Service today announced Monday, Jan. 29, 2024, as the official start date of the nation’s 2024 tax season when the agency will begin accepting and processing 2023 tax returns.

The Internal Revenue Service 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.

Call or text to make your virtual appointment!

The start of the 2021 tax season is Monday, January 24, 2022; IRS expects significant delays in issuing refunds in 2022!

The IRS will start processing tax returns on Friday, February 12th for the 2020 tax season. The delay was done to ensure people will receive any remaining stimulus money as a Recovery Rebate Credit when they file their tax return.

Call or text today to make a virtual appointment!

The start date has been set for the 2020 tax season. The IRS will start processing returns on Friday, February 12th! Call or text today to make a virtual appointment.

2020 Stimulus Payment (CARES Act) Details:
• Single taxpayers will receive $1,200 and Married Filing Joint Taxpayers will receive $2,400
• Dependents claimed on a tax return are not eligible to receive a stimulus payment
• Individuals with past due child support will have their stimulus payment reduced or eliminated based on their past due amount
• The stimulus payment is an advance of a 2020 tax credit and repayment is not required
• The most recent tax year return filed will be used to compute your stimulus payment (2018 or 2019)
• Taxpayers receive $500 for each dependent claimed on their return that is under the age of 17
• Taxpayers above specified Adjusted Gross Income (AGI) limits will not receive a payment
• AGI Limits: Single > $99,000; Head of Household > $136,500 and Married Filing Joint > $198,000
• Individuals living on government benefits (SSA or VA) are eligible and will automatically receive a stimulus payment if they receive a SSA-1099 Form
• The IRS created a simple tax return for individuals: that are not required to file a tax return in 2018/2019 or they do not receive a SSA-1099 Form
• Here is the IRS simple tax return: https://www.freefilefillableforms.com/ #/fd/EconomicImpactPayment
• Payments will be issued via check or direct deposited using bank information from the IRS or SSA
• If you did not receive a Refund Advance or use Refund Transfer, your stimulus payment will be sent to your Emerald Card for H&R Block customers
• Direct deposits begin on Monday April 13th / Checks mailed within 3 weeks after that date

If you are a Philadelphia worker who has been impacted by the Coronavirus pandemic; there’s a good chance you’re eligible for unemployment benefits from the State of Pennsylvania.
Don’t wait. Don’t hesitate. File an unemployment claim online as soon as you are unable to work.

The Treasury just approved a 90 day extension to file your Federal income tax return and pay the tax that is due. July 15 is the new due date.

The start date has been set for the 2020 income tax season. The IRS will start accepting tax returns on Monday, January 27th.

Call, text or email today to make an appointment!

Tax Strategies to implement by December 31st: (1) Contribute funds to your local charity (2) Maximize your retirement plan contributions (3) Verify that the IRS has your current address (4) Immediately consult a qualified & experienced CPA with any tax questions that you may have.

All, Equifax just reached a $700 million settlement for their most recent breach. If you were impacted, you get $125. Use the website below to find out if you were impacted. If your are impacted, File the Claim for the $125!

Don’t leave money on the table. 💴 💴💴

www. equifaxbreachsettlement.com

Home | Equifax Data Breach Settlement In September of 2017, Equifax announced it experienced a data breach, which impacted the personal information of approximately 147 million people. A federal court is considering a proposed class action settlement submitted on July 22, 2019, that, if approved by the Court, would resolve lawsuits br.....

Philadelphia Office - City Avenue & Monument Road.

I just wanted to thank all of my existing and new clients, for making this a wonderful 2018 income tax filing year. My business is only able to grow, as a result of referrals, made by all of you. I’m truly grateful and appreciative for each and every client that I have. Remember, unlike a tax preparer, a CPA is accessible and available all year around! 😉

The IRS announced a huge increase in tax preparer fraud in 2019. You should:

• Find a preparer that is available year-round
• Ask if the preparer has an IRS PTIN Number
• Ensure they are listed on IRS Preparer Directory
• Discuss service fees prior to providing documents
• Know, a CPA can represent you, with IRS or Court

IRS tips for selecting a tax preparer:
1. Check the preparer’s qualifications
2. Get estimate of fees before processing begins
3. Ensure they are capable of explaining the results

Be prepared for major changes to your tax results in 2019. This is the most significant tax change in the last 30+ years.

Now, more than ever, you need a qualified CPA with a Masters in Taxation, to complete your tax return to ensure it complies with the new tax code. And also, to explain the tax results to you.

Don’t hesitate, call/text today for an appointment!

Ready, Set, Go! The 2019 tax filing season has begun. Be prepared for major changes to your tax results. This is the most significant tax change in the last 30+ years. Now, more than ever, you need a qualified CPA to complete your tax return!
Don’t hesitate, call/text today for an appointment!

The start date has been set for the 2019 tax season. The IRS will start processing returns on January 28th! Call or text today to make an appointment.

The 2019 tax filing start date has been set by the IRS. They will process tax returns beginning on January 28, 2019.
Text or call if you have questions.

As we enter 2019, be aware that tax filing season is coming!

Changes in tax laws have resulted in the creation/revision of more than 400 tax forms. Here is a quick overview: tax rates were lowered, standard deductions doubled, itemized deductions limited, unreimbursed expense deduction eliminated and personal exemptions suspended.

Now, more than ever, you’ll need a qualified CPA to prepare you income tax return and to provide tax planning strategies.

Call or text today to setup you appointment.

Part-time tax preparers can’t help you prepare for the major tax reform that was passed on 12-22-17. You need a CPA that can provide you with tax planning strategies; to save you money and increase your refund for tax year 2019!
Don’t hesitate, it’s not too late. Call or Text Today!

The 2018 tax filing season will begin on Monday, January 29th. That's when the IRS will begin accepting electronic returns. Have you selected your highly qualified CPA yet? Are you maximizing your income tax refund? Inquiring minds want to know. Don’t procrastinate, contact me today.

The first appointment is free!

You may be eligible to claim the Home Office Deduction!

Taxpayers who use their home for business may be able to deduct expenses for the business use of it. Qualified persons can claim the deduction whether they rent or own their home.

Call, email or text me today for valuable information on claiming the deduction!

Privacy and Data Security Alert: There is a W-2 email scam that is very popular this tax season. Cybercriminals will create a fake company email address and then email a company employee; requesting a copy of their W-2 form. Once they have the W-2 form, the cybercriminal will file a fraudulent tax return.

Please call or text me today for tips on how to prevent this from happening to you!

The IRS stated that the 2017 tax filing season opened successfully on January 23rd. Taxpayers have until April 18th to file their 2016 returns. Don't trust this very important process to someone you barely know. Go with someone you can trust to be there for you, even after your tax return is filed.

Call or text today and make your appointment!