Kim Walker CPA dba Empire State Tax Solutions Corp.

02/14/2025

https://www.journalofaccountancy.com/news/2025/feb/boi-reporting-deadline-extension-passes-us-house.html.html?utm_source=mnl:cpal&utm_medium=email&utm_campaign=13Feb2025

The bill, which provides a deadline of Jan. 1, 2026, for an estimated 32 million small businesses to file beneficial ownership information reports, comes as the BOI requirements are mired in court cases.

01/09/2024

IRS has announced that they will beging to accept and process individual returns on Monday January 29th 2024 for the April 15th deadline. Tax season kickoff is almost here!!!

11/24/2023

06/05/2023

If you haven't filed your 2019 Tax Returns...READ THIS!

$1.5 Billion in 2019 Refunds Unclaimed

The IRS is reminding the nearly 1.5 million taxpayers who have unclaimed refunds for the 2019 tax year to file their returns for that year by July 17. The IRS estimates it is holding almost $1.5 billion in unclaimed refunds as a result of taxpayers not having filed their 2019 returns. The median refund amount for those unfiled returns is approximately $893 per taxpayer.

Taxpayers have three years from the date a return was initially due to file one claiming a tax refund. The date for filing 2019 returns was postponed until July 15, 2020, due to COVID-19. Because July 15, 2023, falls on a Saturday, the date for filing 2019 returns in time for a refund is extended to the following Monday, July 17.

The IRS published a state-by-state breakdown of the number of individuals who may be due 2019 refunds, the median potential refund and the amount of total potential refunds for each state

03/29/2023

IRS and NYS extends New Yorkers until May 15, 2023 to file their tax returns in counties impacted by the Nor’Easter on 3/14/23 Suffolk is on that list if you needs more time to gather your documents.

NY-2023-04, March 24, 2023 — Victims of the severe winter storm and snowstorm beginning Dec. 23, 2022, and ending Dec. 28, 2022, now have until May 15, 2023, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today.

10/03/2022

http://yelp.com/biz/kim-walker-cpa-pc-coram?hrid=QFjhAB4Q4TCfoNntq8DL_w&utm_campaign=bizapp_ios_review_share_popup&utm_medium=copy_link&utm_source=(direct)

I brought my dad who's a senior citizen (in his late 70s) to Kim so he could have his taxes done…

06/10/2022

IRS announced today increase in standard mileage rate for business, medical & moving. Business increased to $0.625, medical and moving to $0.22. All effective 7/1/22

Announcement 2022-13 below with more details
https://www.irs.gov/pub/irs-drop/a-22-13.pdf?fbclid=IwAR3Q_odn6lMbrtk-jhgIW3mj-EdmMQEAdM4x9ee-MhGVRtoJuDPDdk6pLsI