ALL Affordable Accounting

Unfortunately, this is the new IRS "norm"!

IRS kicks off challenging tax season The service faces a backlog of millions of unprocessed tax returns, and warned taxpayers and preparers to be patient.

IRS kicks off challenging tax season The service faces a backlog of millions of unprocessed tax returns, and warned taxpayers and preparers to be patient.

Anyone who filed an extension for their 2020 taxes, start working on getting your paperwork together. We will start preparing extended taxes on August 2nd!

Yay, another one in the books!!Thanks for another great tax year everyone!

The IRS has extended the 1040 Personal Income Tax Return deadline until May 17th. There is no extension to do for that extra time it is automatic. Not all states are extending along with the IRS. In fact most states are keeping the April 15th deadline. Also LA, OK & TX who were affected by the February winter storms are automatically extended June 15th for both federal & state.

The IRS May 17th extension automatically includes:
~ filing your 2020 personal federal tax return
~ paying your 2020 federal tax liability
~ making 1st Qtr 2022 federal estimated tax payments
~ making 2020 IRA & SEP contributions

Our office will be accepting current client returns until April 5th. Any returns received after midnight on the 5th will be extended until October 15th. We are not excepting any new clients at this time, but will be glad to add you to our new client waiting list.