Helfer and Company, LLC

The HelferBell Tax Team would like to wish all of our LinkedIn connections a great start to 2023! We are excited to kick off the tax season strong with all the support from our clients and staff members.

Do your tax strategies need a refresh? With some tax law changes already signed into law in 2022 and more changes potentially on the horizon, you probably have questions about tax planning this year. To save the most on your 2022 taxes, you need to plan carefully and take advantage of all deductions, credits and other breaks that current tax law allows. This is exactly what our online tax planning guide can help you do. So, visit our website and look through the guide. Then contact us to talk about ways to lighten your tax burden and better achieve your financial objectives.

HelferBell.com
1101 Connecticut Ave NW #410, Washington, DC 20036

Frequently Asked Questions and Answers for 2021 Recovery Rebate Credit:

https://www.irs.gov/newsroom/irs-issues-frequently-asked-questions-and-answers-for-2021-recovery-rebate-credit

2021 Filing Season frequently asked questions:

https://www.irs.gov/newsroom/irs-issues-2021-filing-season-frequently-asked-questions-information-to-help-taxpayers-preparing-their-2021-returns

Top 5 things to remember when filing income tax returns in 2022:

https://www.irs.gov/newsroom/top-5-things-to-remember-when-filing-income-tax-returns-in-2022

FAQs for 2021 Child Tax Credit and Advance Child Tax Credit Payments

https://www.irs.gov/newsroom/irs-revises-faqs-for-2021-child-tax-credit-and-advance-child-tax-credit-payments

Here's some important considerations before filing a 2021 tax return:

https://www.irs.gov/newsroom/tax-time-guide-important-considerations-before-filing-a-2021-tax-return

All third Economic Impact Payments issued!

https://www.irs.gov/newsroom/all-third-economic-impact-payments-issued

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.

https://www.irs.gov/newsroom/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

For Colorado wildfire victims, IRS extends 2021 tax-filing deadline, other deadlines to May 16:

https://www.irs.gov/newsroom/for-colorado-wildfire-victims-irs-extends-2021-tax-filing-deadline-other-deadlines-to-may-16

Make final 2021 quarterly tax payment by Jan. 18; avoid surprise tax bill and possible penalty.

https://www.irs.gov/newsroom/irs-reminder-to-many-make-final-2021-quarterly-tax-payment-by-jan-18-avoid-surprise-tax-bill-possible-penalty

IRS issues standard mileage rates for 2022:

https://www.irs.gov/newsroom/irs-issues-standard-mileage-rates-for-2022

IRS joins leading nonprofit groups to highlight special charitable tax benefit available through Dec. 31:

https://www.irs.gov/newsroom/irs-joins-leading-nonprofit-groups-to-highlight-special-charitable-tax-benefit-available-through-dec-31

Families will soon receive their December advance Child Tax Credit payment:

https://www.irs.gov/newsroom/families-will-soon-receive-their-december-advance-child-tax-credit-payment-those-not-receiving-payments-may-claim-any-missed-payments-on-the-upcoming-2021-tax-return

For Kentucky tornado victims, IRS extends 2021 tax-filing deadline, other deadlines to May 16:

https://www.irs.gov/newsroom/for-kentucky-tornado-victims-irs-extends-2021-tax-filing-deadline-other-deadlines-to-may-16

Special tax deduction helps most people give up to $600 to charity, even if they don’t itemize:

https://www.irs.gov/newsroom/year-end-giving-reminder-special-tax-deduction-helps-most-people-give-up-to-600-to-charity-even-if-they-dont-itemize

IRS announces 401(k) limit increases to $20,500

https://www.irs.gov/newsroom/irs-announces-401k-limit-increases-to-20500

Reminder to all tax professionals that it’s time to renew PTINs

https://www.irs.gov/newsroom/irs-reminds-tax-professionals-that-its-time-to-renew-ptins

IRS issues another 430,000 refunds for adjustments related to unemployment compensation:

https://www.irs.gov/newsroom/irs-issues-another-430000-refunds-for-adjustments-related-to-unemployment-compensation

IRS extends videoconferencing to large business taxpayers

https://www.irs.gov/newsroom/irs-extends-videoconferencing-to-large-business-taxpayers

Give tax withholding a fresh look as 2021 year-end nears:

https://www.irs.gov/newsroom/give-tax-withholding-a-fresh-look-as-2021-year-end-nears

Additional Hurricane Ida relief from IRS: Sept. 15, Oct. 15 deadlines, other dates further extended to Jan. 3 for parts of Mississippi; Nov. 1 deadline still applies to the rest of the state.

https://www.irs.gov/newsroom/additional-hurricane-ida-relief-from-irs-sept-15-oct-15-deadlines-other-dates-further-extended-to-jan-3-for-parts-of-mississippi-nov-1-deadline-still-applies-to-the-rest-of-the-state

Reminder to employers to e-file payroll tax returns timely, deadline November 1.

https://www.irs.gov/newsroom/irs-reminds-employers-to-e-file-payroll-tax-returns-timely

It's now easier to send Helfer and Company, LLC a message.

Celebrate well, and stay safe!

Details on using e-signatures for certain forms:

https://www.irs.gov/newsroom/details-on-using-e-signatures-for-certain-forms

Oct. 15 FBAR extension deadline nears for foreign bank and financial account holders:

https://www.irs.gov/newsroom/oct-15-fbar-extension-deadline-nears-for-foreign-bank-and-financial-account-holders

Expanded tax benefits help individuals and businesses give to charity during 2021:

https://www.irs.gov/newsroom/expanded-tax-benefits-help-individuals-and-businesses-give-to-charity-during-2021-deductions-up-to-600-available-for-cash-donations-by-non-itemizers