Pascuzzi Accounting & Tax Service

03/09/2024

Deadline for submitting documents to assure an April 15th on-time filing will be April 2nd. After that date, we reserve the right to file for an extension on your behalf.

09/07/2023

Thankful to be nominated as "Best of the Best".

http://warrentimes-observer.secondstreetapp.com/Best-of-the-Best-Voting-2023/ #/referrals/d119c56f-10c7-485d-a408-47da0de6f434

01/16/2023

We've been busy getting ready for tax season. We added scheduling for clients to book their appointments on our website www.taxcuzzi.com/ Booking ... Please check it out!

Warren PA and area tax preparation

12/31/2022

For those who take the milage deduction on their taxes please take a photo of your odometer tonight. This is a great way to document your total milage each year.

12/11/2022

https://www.kiplinger.com/taxes/irs-form-1099-k-600-dollar-reporting-threshold?utm_term=CB5166E3-1E58-4FF4-AD64-4EB74D247800&utm_content=0AD03586-3A1C-44CE-BADD-5C5DF502F266

You may get IRS Form 1099-K from VENMO, PayPal or CashApp for 2022 activity.

A new $600 reporting threshold for IRS Form1099-K involves payment networks like Venmo, PayPal, Amazon, Square, and Cash App.

12/07/2022

We have the best clients and hope that you might share the love and give us your feedback as a review on our Google page.
Thanks,
Paul Pascuzzi EA

Post a review to our profile on Google

01/19/2022

New IRS Communications:
o Letter 6419, Advanced Child Tax Credit. This letter will be sent to you by the IRS in January and will summarize your payments received. If you filed a joint return, both spouses will receive their own letter. Don't throw it away, you'll need that letter to ensure an accurately filed tax return.
o Letter 6475, Economic Impact Payment #3 (aka Stimulus #3 received in March 2021). This letter will also be sent by the IRS in January and will summarize your payments received. Don't throw this one away either. Thanks!

01/16/2022

Treasury Issues Warning Going into Tax Season
Treasury Department officials took the preemptive step on Monday of warning taxpayers that the upcoming tax season, which begins on January 24 and will run through April 18, will be messy and could see delays.
Pointing to staffing shortages and paperwork backlogs, officials said taxpayers will likely face frustrations similar to those of last year’s tax season. Potential problem areas include delays in the processing of refunds and returns as well as difficulty in reaching IRS.
As of mid-November 2021, the IRS had a backlog of roughly 8.6 million returns left to process. In a separate statement, IRS Commissioner Charles Rettig said IRS is not able to provide the level of service taxpayers deserve and said that more resources for the agency are essential.

01/15/2022

Watch your mail next week for important information regarding the upcoming Tax Season.