JM Financial Services, LLC
All services are done electronically, so there is no need to visit an office.
I RECOMMEND EVERYONE TO READ THIS IMPORTANT BULLETIN, THANKS
Couple of things to remember when filing income tax returns in 2022
WASHINGTON — With filing season beginning January 24, the Internal Revenue Service reminded taxpayers about several key items to keep in mind when filing their federal income tax returns this year.
Given the unprecedented circumstances around the pandemic and unique challenges for this tax season, the IRS offers a 5-point checklist that can help many people speed tax return processing and refund delivery while avoiding delays.
1. File an accurate return and use e-file and direct deposit to avoid delays. Taxpayers should electronically file and choose direct deposit as soon as they have everything they need to file an accurate return. Taxpayers have many choices, including using a trusted tax professional. For those using e-file, the software helps individuals avoid mistakes by doing the math. It guides people through each section of their tax return using a question-and-answer format.
2. For an accurate return, collect all documents before preparing a tax return; make sure stimulus payment and advance Child Tax Credit information is accurate. In addition to collecting W-2s, Form 1099s and other income-related statements, it is important people have their advance Child Tax Credit and Economic Impact Payment information on hand when filing.
Advance CTC letter 6419: In late December 2021, and continuing into January, the IRS started sending letters to people who received advance CTC payments. The letter says, “2021 Total Advance Child Tax Credit (AdvCTC) Payments” near the top and, “Letter 6419” on the bottom righthand side of the page. Here’s what people need to know:
The letter contains important information that can help ensure the tax return is accurate.
People who received advance CTC payments can also check the amount of the payments they received by using the CTC Update Portal available on IRS.gov.
Eligible taxpayers who received advance Child Tax Credit payments should file a 2021 tax return to receive the second half of the credit. Eligible taxpayers who did not receive advance Child Tax Credit payments can claim the full credit by filing a tax return.
Third Economic Impact Payment letter 6475: In late January 2022, the IRS will begin issuing letters to people who received a third payment in late January 2021. The letter says, “Your Third Economic Impact Payment” near the top and, “Letter 6475” on the bottom righthand side of the page. Here’s what people need to know:
Most eligible people already received their stimulus payments. This letter will help individuals determine if they are eligible to claim the Recovery Rebate Credit (RRC) for missing stimulus payments.
People who are eligible for RRC must file a 2021 tax return to claim their remaining stimulus amount.
People can also use IRS online account to view their Economic Impact Payment amounts.
Both letters – 6419 and 6475 – include important information that can help people file an accurate 2021 tax return. If a return includes errors or is incomplete, it may require further review while the IRS corrects the error, which may slow the tax refund. Using this information when preparing a tax return electronically can reduce errors and avoid delays in processing.
SCAM ALERT
The Social Security Administration will never threaten, scare, or pressure you to take an immediate action.
If you receive a call, text, or email that...
• Threatens to suspend your Social Security number, even if they have part or all of your Social Security number
• Warns of arrest of legal action
• Demands or requests immediate payment
• Requires payment by gift card, prepaid debit card, internet currency, or by mailing cash
• Pressures you for personal information
• Requests secrecy
• Threatens to seize your bank account
• Promises to increase your Social Security benefit
• Tries to gain your trust by providing fake "documentation," false "evidence," or the name of a real government official..it is a SCAM!
Do not give scammers money or personal information – Ignore Them!
Protect yourself and others from Social Security-related scams
• Try to stay calm. Do not provide anyone with money or personal information when you feel pressured, threatened, or scared.
• Hang up or ignore it. If you receive a suspicious call, text, or email, hang up or do not respond. Government employees will not threaten you, demand immediate payment, or try to gain your trust by sending you pictures or documents.
• Report Social Security-related scams. If you receive a suspicious call, text, or email that mentions Social Security, ignore it and report it to the SSA Office of the Inspector General (OIG). Do not be embarrassed if you shared personal information or suffered a financial loss.
• Get up-to-date information. Follow SSA OIG on Twitter and Facebook Office of the Inspector General for the latest information on Social Security-related scams. Visit the Federal Trade Commission for information on other government scams.
• Spread the word. Share your knowledge of Social Security-related scams. Post on social media using the hashtag to share your experience and warn others. Visit oig.ssa.gov/scam for more information. Please also share with your friends and family.
Office of the Inspector General (SSA) The OIG is directly responsible for meeting the statutory mission of promoting economy, efficiency, and effectiveness in the administration of SSA programs and operations and to prevent and detect fraud, waste, abuse, and mismanagement in such programs and operations.
Contact the business
Telephone
Website
Opening Hours
| Monday | 09:00 - 17:00 |
| Tuesday | 09:00 - 17:00 |
| Wednesday | 09:00 - 17:00 |
| Thursday | 09:00 - 17:00 |
| Friday | 09:00 - 17:00 |
| Saturday | 10:00 - 16:00 |