Bookkeeping by Mapp

02/10/2023

Did you know that you qualify for free tax preparation if you are over 65, retired, or make less than $73,000? There are two programs available to eligible taxpayers that offer free tax preparation. For more information, see this IRS Tax Tip.👇🏾

Tax Tip 2023-16: Eligible seniors should take advantage of free filing options this tax season Internal Revenue Service (IRS) sent this bulletin at 02/08/2023 10:29 AM EST IRS Tax Tips February 8, 2023 Useful Links: IRS.gov Help For Hurricane Victims News Essentials What's Hot News Releases IRS - Th...

02/06/2023

01/25/2023

Did you know that because tax credits have returned to pre-COVID levels, you may receive a smaller refund this year than last? For those who qualify for the Child and Dependent Care Credit, the maximum amount for 2022 is $2,100, down from $8,000 in 2021. Check this out before you file your taxes to understand why your refund might be smaller this year.

Get ready to file your taxes. See tips that can make filing taxes easier next year. Learn about tax law changes, how to view your tax account information online, and ways to get help.

01/10/2023

There have been numerous reports of mail thefts from your own mailbox or the blue mailboxes outside the Post Office. That is one of the reasons why it is safer to file your tax return electronically. This IRS tax topic contains a lot of common mistakes made when filing your return, such as did you sign the form? Did you put the correct amount on the correct line? Check out the Tax Topic on other common errors.

Topic No. 303 Checklist of Common Errors when Preparing Your Tax Return

12/21/2022

Did you know you could get a tax break just for saving for retirement? You may qualify by contributing to an IRA or other employer-sponsored retirement plans.

IR-2022-224: Save for retirement now, get a tax credit later: Saver’s Credit higher limits can help low- and moderate-income workers save more in 2023 Internal Revenue Service (IRS) sent this bulletin at 12/21/2022 02:05 PM EST IRS Newswire December 21, 2022 News Essentials What's Hot News Release...

12/14/2022

Are you aware that the IRS works to safeguard you from tax fraud? For eligible taxpayers, an IP PIN is offered to help prevent identity theft. Visit their video for additional details.

The IP PIN is a six-digit number assigned to eligible taxpayers to help prevent the misuse of their Social Security number on fraudulent federal income tax r...

12/12/2022

Did you just recently tie the knot? Your filling status is based on your marital status as of December 31st of the current year. When paying taxes, newlyweds need to be aware of a few things.

Tax Tip 2022-188, December 8, 2022 — When people get married their tax situation often changes. A taxpayer’s marital status as of December 31 determines their tax filing options for the entire year, but that’s not all newlyweds need to know.

12/10/2022

Do you know that there are 5 filing statuses; and that you may qualiify for more than one? Check this out to see which one fits you.

There’s more to determining filing status than being married or single, and you may fit more than one status. As you for the upcoming filing season, take the time to get to know the five filing statuses and determine which makes the most sense for you. To learn more, check out this Tax Tip: http://ow.ly/wFpX50LNNSB

11/21/2022

Are you interested in working for the IRS? They have virtual and in-person hiring events.

IRS Events The IRS hosts numerous virtual and in-person events each month. These information sessions and job fairs provide you with insights about some of the most interesting positions we offer. This page is updated periodically, so if you do not see an event/position that interests you, please ch...

09/25/2022

Have you filed your 2019 and/or 2020 return(s) yet? If not, you still may qualify for late-filing penalty relief due to the COVID-19 pandemic. You will need to file by September 30, 2022 to qualify.

IR-2022-163, September 22, 2022 — The IRS today reminded struggling individuals and businesses, affected by the COVID-19 pandemic, that they may qualify for late-filing penalty relief if they file their 2019 and 2020 returns by September 30, 2022.

09/13/2022

Sadly, some people have already seen wildfires, and hurricane season is quickly approaching. By having an emergency plan in place, it is possible to secure copies of crucial records and to ask for relief from the IRS or other organizations.