Misty's Tax Service

01/08/2025

Dear Tax Clients,
It's time for another round of tax preparation. I would like to thank all of you for allowing me to prepare your taxes in years past. I'm looking forward to seeing all my people and some new ones this year!
I have my office ready at Forever Young, so give me a call( Misty )at 931-235-1017 to set up a time that is good for you. Kaye Johnson does walk-ins at her office in Tracy 931-592-8297. As of now the IRS is not accepting returns until Jan 27th, but we can still get them done and beat the rush. The charge to electronically file a 1040A will be $55

01/15/2024

Dear Tax Clients:
Again it's time for another round of tax preparation....I would like to thank all of you for allowing me to prepare your taxes in years past, and I'm looking forward to seeing all my people this year!
I have my office ready at Forever Young, so give me a call at 931-235-1017 and set up a time that is good for you. Kaye Johnson does walkins at her office in Tracy 592-8297. As of now the IRS is not accepting returns until Jan 29th, but we can still get them done and beat the rush. The charge to electronically file a 1040A will be $55

01/13/2023

To My Tax Clients:
Again It seems like last year went by quick, and here it's time for another round of tax preparation....I would like to thank all of you for allowing me to prepare your taxes in years past, and I'm looking forward to seeing all my people this year! I have my office ready at Forever Young, so give me a call at 931-235-1017 and set up a time that is good for you. Kaye Johnson does walkins at her office in Tracy 931-592-8297 As of now the IRS is not accepting returns until Jan 23rd, but we can still get them done and beat the rush. The fee to electronically file most returns will be $55

01/12/2022

To My Tax Clients:
Again It seems like last year went by quick, and here it's time for another round of tax preparation....I would like to thank all of you for allowing me to prepare your taxes in years past, and I'm looking forward to seeing all my people this year! I have my office ready at Forever Young, so give me a call at 931-235-1017 and set up a time that is good for you. Kaye Johnson does walkins at her office in Tracy 592-8297 As of now the IRS is not accepting returns until Jan 24th, but we can still get them done and beat the rush. The charge to electronically file most returns is $45

01/08/2022

https://www.facebook.com/100064911930482/posts/290723286434734/?d=n&substory_index=1

sending letters to recipients of advance payments and third . Using the information in these letters when preparing your tax return can reduce errors, avoid refund delays. https://go.usa.gov/xt3mm

12/31/2021

Watch for advance Child Tax Credit letter
To help taxpayers reconcile and receive all of the Child Tax Credits to which they are entitled, the IRS will send Letter 6419, 2021 advance CTC, starting late December 2021 and continuing into January. The letter will include the total amount of advance Child Tax Credit payments taxpayers received in 2021 and the number of qualifying children used to calculate the advance payments. People should keep this and any other IRS letters about advance Child Tax Credit payments with their tax records.

12/31/2021

Watch for advance Child Tax Credit letter
To help taxpayers reconcile and receive all of the Child Tax Credits to which they are entitled, the IRS will send Letter 6419, 2021 advance CTC, starting late December 2021 and continuing into January. The letter will include the total amount of advance Child Tax Credit payments taxpayers received in 2021 and the number of qualifying children used to calculate the advance payments. People should keep this and any other IRS letters about advance Child Tax Credit payments with their tax records.

10/04/2021

Any of my tax clients that took out a PPP loan please contact your bank about signing your forgiveness application!

06/25/2021

Unfortunately both parents have to unenroll 😩👎🏻

06/23/2021

For my clients that have children and are concerned about the advance payments that will start in July. If you do not unenroll from the advance payment half the total credit amount ($1,500 for children over 6, $1,800 for children under 5) will be paid in advance monthly payments and you will claim the other half when you file your 2021 income tax return.

For tax year 2021, the Child Tax Credit is increased from $2,000 per qualifying child to:
* $3,600 for children ages 5 and under at the end of 2021; and
* $3,000 for children ages 6 through 17 at the end of 2021.

So if you have children over 5 you normally had $2,000 credit per child . If you take payments you will get $1,500 advance and still have a $1,500 credit at tax time this year because of the increase . Therefore your refund will be $500 less at tax time per child. This isn’t a problem for those clients having large refunds if you want / need money now.

Remember if you have more than one child your refund will be about $500 less per child, so make sure you normally have a large enough refund to cover this. If your refund is normally a small amount or you depend on a large refund at tax time, I suggest you unenroll at the IRS website

Find details about the advance Child Tax Credit payments, including how to get them or stop getting them.

03/30/2021

As work continues on issuing millions of Economic Impact Payments to Americans, the Internal Revenue Service and Treasury Department announced today that they anticipate payments will begin to be issued this weekend to Social Security recipients and other federal beneficiaries who do not normally file a tax return, with the projection that the majority of these payments would be sent electronically and received on April 7.