C-Mak Tax and Accounting/Jennifer Shaw

C-Mak Tax and Accounting/Jennifer Shaw Owned by Jennifer ShawIndividual income tax prepMoney ManagementPayroll ServicesBookkeeping

Individual income tax prep
Money management
Payroll services
Bookkeeping

06/10/2022

With gas prices rising, the service announced an unscheduled increase.

07/08/2021

Wondering where your tax refund is?

The IRS has a current backlog of 35 million unprocessed individual and business tax returns that require manual processing. This is more than 5 times as many as were manually processed in 2019;
A little less than half of the backlog is paper tax returns awaiting processing, with most of the rest tax returns that were suspended during processing and requiring further review. Of the suspended returns, a large number were flagged because of discrepancies between recovery rebate credits claimed by taxpayers and what IRS records indicate the taxpayer qualifies for.
Also flagged were many returns of taxpayers who elected to use their 2019 earnings instead of their 2020 earnings to claim a larger earned income tax credit or additional child tax credit as allowed by the Cares Act. Of course the very idea here was to quickly provide refunds where needed, but reality has meant that these poor taxpayers not only did not get the refund quickly, they got boomeranged into a delay and still don’t have it!
All that most taxpayers can do is wait for the backlog to clear!
Adding to the backlog is a sharp increase in the number of returns flagged as suspicious: 3.7 million as of May 2021, compared with just 1.3 million in all of 2019, the report found.

IRS received more phone calls during the 2021 filing season alone than it had ever received in a full fiscal year, with over four times as many calls as in the prior filing season.
The IRS’s highest-volume phone line for individual income tax assistance clocked roughly 85 million calls, only 3 percent of which went through to a live IRS customer service representative.

12/02/2020

How can I deduct a charitable contribution if I use the standard deduction as a family child care provider?

10/06/2020

The IRS sent letters to Minnesotans who did not file a tax return in 2018 or 2019, urging them to register for their payment before Nov. 21.

02/06/2015

The Minnesota Department of Revenue has stopped accepting tax returns filed using Intuit’s TurboTax individual software because of potential fraud.

01/15/2015

Obamacare is about to collide with the U.S. tax-filing season, adding frustration for millions of taxpayers trying to figure out how to comply and how much they will owe the government.

01/14/2015

A St. Cloud resident received a call from a number the BBB believes is part of a fraud

01/14/2015

Taxpayers who file their tax returns on paper could face delays of a week or more on their refunds this tax season because of budget cuts, Internal Revenue Service commissioner John Koskinen warned.

01/14/2015

The Internal Revenue Service has made some changes to its forms this tax season and introduced some new ones as a result of the Affordable Care Act.

Address

160 Leighton Drive
Big Lake, MN
55309

Website

Alerts

Be the first to know and let us send you an email when C-Mak Tax and Accounting/Jennifer Shaw posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to C-Mak Tax and Accounting/Jennifer Shaw:

Shortcuts

Share

Category