Protax by KG

01/16/2025

Have your W2(s) and ready to file? Contact me [email protected]. Certified Tax Preparer with 20 years experience!

12/31/2023

Tax Advanaces up to $7000 available Jan 2. Fast refunds if qualified!

01/19/2023

Tax refunds will be significantly different this season due some credits being reduced and removed!

Few Examples:
- child tax credit for children 17 and under reduced from $3000 to $1500 now 16 and under
- childcare and dependent care credit reduced from $8000 to $0

And more. So don’t come for tax preparers when they break this news to you. For more information on this tax years changes…
visit

Pay your taxes. Get your refund status. Find IRS forms and answers to tax questions. We help you understand and meet your federal tax responsibilities.

01/13/2023

If you’re self-employed, you can file your taxes now! Contact us for a MAX refund!

01/13/2023

W2s are starting to go out from employers! Contact us today to get the maximum refund!

Office: 404-829-4718
Email: [email protected]

01/28/2022

To Find out the exact amounts you received Economic Impact payments(1-3) and the amounts received for Advance Child Tax Credits follow this link to set up an account to view all of this info plus your tax transcripts. This is REQUIRED for all filers if applicable.

You're welcome!

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01/19/2022

The IRS currently accepting some returns to test their system. Jan 24 is the Official date the IRS will accept returns! You’re welcome. ✌🏾

01/10/2022

The Internal Revenue Service announced that the nation's tax season will start on Monday, Jan. 24, 2022, when the tax agency will begin accepting and processing 2021 tax year returns.

01/04/2022

You must report the advance child tax credits if received last year.

You should receive form Child Tax Credit (CTC) Payments – letter 6419 or 6475 EIP3 letter from the IRS.
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The IRS letter 6419 is the official documentation that has the details to be reported for a taxpayers’ advance Child Tax Credit (CTC) payments and will provide:

• Total amount of advance CTC payments received for 2021; information goes on Schedule 8812, line 14f or 15e as applicable

• Number of qualifying children counted in determining the advance CTC

Failure to use the amounts referenced in the IRS Letter 6419 on their return could trigger a manual review of the return and in turn can delay the refund by 6-8 weeks.

Keep in mind, anyone that received at least one Child Tax Credit payment from July to December 2021 will receive the letter 6419. If they received at least one payment (even if they opted-out), they should still receive a letter.

If taxpayers cannot provide the IRS letter 6419 but did receive any advance CTC payments

There is an IRS Child Tax Credit portal with an ID.me account to verify the details from the letter.

• They’ll create a new ID.me account by going to: https://lnkd.in/dCDeNr2U

• Click Manage Advance Payments

• Click ID.me Create New Account

• Instructions are provided to set up the ID.me account (if they don’t have one already set up)

Additional information may be requested including, a live video of the taxpayer and/or uploading photo identification.

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Economic Impact Payments (EIP) – letter 6475

The IRS letter 6475 is the official documentation that contains the total amount of the third Economic Impact Payment (EIP 3) and any Plus-UP Payments received.

Taxpayers who didn’t qualify for EIP 3 or did not receive the full amount may be eligible for the Recovery Rebate Credit (RRC) based on their 2021 tax information. They’ll need to file a 2021 tax return, even if they don’t usually file, to claim the credit.

The 6475 letter should provide this information to calculate the correct 2021 RRC amount when they file their tax return. Failure to use the correct payment amounts could create delays in processing their refund and the ability for you to be paid your fees in a timely fashion.

If taxpayers cannot provide the IRS letter 6475

Taxpayers can log into their IRS.gov Online Account to securely access their EIP Payment amounts.

You’re welcome ✌🏾

01/02/2022

IRS will start accepting income tax returns on Jan. 31, 2022. * = IRS may delay start of tax season by a week or so. ** = Returns with EITC(earned income tax credits) or CTC(child tax credits) may have refunds delayed until March to verify credits.

01/16/2021

2021 tax filing season begins Feb 12 but Advance Loans Happening Now!

01/13/2021

Breaking News:
Hold onto your wigs, we’ve got another update.

In a surprise reversal, the IRS has decided to process the stimulus payments that were returned by the refund transfer banks.

This means that taxpayers will not be waiting to receive their stimulus payment in the refund, rather they should expect it from the IRS directly by no later than February 1.

If they received a direct deposit as a disbursement type from the refund transfer, the banks will be reporting that direct deposit information back to the IRS so those folks should still receive a direct deposit. Checks will be issued to anyone who received a check or prepaid card disbursement.

I know this creates a lot more questions than answers, but as we get more information I will be sure to keep everyone updated.