BEM Financial Services Tax Services

BEM Financial Services  Tax Services 100% VIRTUAL SERVICE

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IRS is processing returns. Transcripts are updating! If your transcript looks like this and you are on PATH (Have EIC/AC...
01/28/2024

IRS is processing returns.
Transcripts are updating!

If your transcript looks like this and you are on PATH (Have EIC/ACTC) ...You are completely done, you are just waiting on the 846 Code with your refund date. (Won't be until AFTER Feb 15th)

✳️All the dates I crossed off MEAN ABSOLUTELY NOTHING

✳️The 4/15/2024 date next to the credits is just the last day of this tax season. They will have this date every year.

✳️The purple (last 2 numbers of your cycle code) is your cycle.

(01, 02, 03, 04 are all daily codes)

(05 is a weekly code and ONLY updates once a week)

🔵01- Transcripts update Sat WMR Sun
🔵02- Transcripts update Tue WMR Wed
🔵03- Transcripts update Wed WMR Thur
🔵04- Transcripts update Sat WMR Sun
🔵05- Transcripts update Sat WMR Sun

On Transcripts a negative -$### number equals positive and a positive number equals negative.

To calculate your refund.

ADD CODES
806
+
766
+
768
______
$×××× Total

Now minus that Total from Code 150

Total
-
150
_______
Refund

Code 150 is your tax liability. If this number is $0 you did NOT need any federal withholding

Code 806 is the total of all Federal Witholding.

🟢🟢🟢🟢🟢🟢🟢🟢🟢🟢🟢
If your transcript is showing NO RETURN FILED.

It means one of 3 things.

🔴1. They just have not started processing you yet.
🔴2. You need to ID Verify
🔴3. You were resquenced

01/23/2024

If you are following this page and would like to continue to receive tax updates. Please like our business page. B.E.M Financial Services you can also join our tax group at https://www.facebook.com/groups/taxrefundcraziness

We will be closing this page in a week.

Warning⚠️ Long Post. But MUST READ ALL Have you been waiting longer then 30 days for your tax return? You MIGHT be eligi...
05/22/2022

Warning⚠️ Long Post. But MUST READ ALL

Have you been waiting longer then 30 days for your tax return? You MIGHT be eligible to get help with making the process faster by getting a IRS Tax Advocate.

Please please make sure you truly qualify. One of the BIGGEST reasons for such a backlog with the TA dept is so many taxpayers that are requesting a TA and do not even qualify.

To request a Tax Advocate...

Please click on the link and scroll to the middle of the page and look for "Find a local TAS office" Enter your state and choose the closest Tax Advocate Office to your home. Write down the phone number, address, and fax number. Try to call and get through and they can do the application over the phone. If you can NOT get a hold of anyone please download the attached IRS Form 911 " Request for Taxpayer Advocate Service Assistance"
Fill out ONLY section I and fax it over to your local Tax Advocate Office. Once your case is assigned someone will call you, which could possibly take up to 4 weeks due to the extreme backlog of the IRS.

https://www.taxpayeradvocate.irs.gov/contact-us/

**PLEASE NOTE!!!!

Not everyone is eligible for a Tax Advocate. YOU must have one of the following extreme situations.

1. Financial Hardship

Financial Hardship (Economic burden) is when you are experiencing financial difficulty. You'll need to describe the hardship that is causing an economic burden, and you will be required to provide documentation to verify the hardship.(IE Eviction notice, shut off notices, repo, etc)

2. IRS System Issue

IRS System Issue is when an Internal Revenue Service (IRS) process, system, Internal Revenue Code (IRC) or procedure has failed to operate properly. (IE stuck in back to 60 day Reviews, Return was kicked out of normal processing for no reason, tax return wad resquenced)

3. Fair & Equitable Treatment

TAS will help ensure that you receive fair and equitable treatment and that your rights as a taxpayer are protected.
(IE if you feel and can prove you are being treated unfairly due to race, status, religion, disability, sexual orientation or gender)

*****See below for the ONLY cases the Tax Advocates Office is currently taken (if you first fall into one of the above categories)

Can TAS help me with my tax issue?

To better serve taxpayers and businesses, the Taxpayer Advocate Service is taking steps to help address the IRS tax return inventory backlog by temporarily amending the types of cases we can currently accept.

I Have a Tax Issue With My Original or Amended Individual or Business Income Tax Return for...

Tax Year 2021 (Which is our current tax season)

The Taxpayer Advocate Service (TAS) is currently assisting taxpayers with tax year 2021 Amended cases where the IRS HAS PROCESSED the return and HAS ALREADY made adjustments and sent the taxpayer a notice discussing the adjustments and the taxpayer had to Amend.

TAS is NOT currently assisting taxpayers with tax year 2021 income tax returns waiting on the system to verify any new 2021 tax credits(IE Any Taxpayer with form 8821, 7202, and RRC), until the return is fully processed and there is still a delay.

TAS is NOT currently assisting taxpayers with tax year 2021 income tax returns who had their refunds stopped by the IRS program designed to verify the validity of income documents (Wage Review) or where the IRS requests additional information or documentation from the taxpayer to finish processing the return. (Audit) We will continue to evaluate our ability to accept these cases as the IRS resolves its backlog.

TAS is NOT currently assisting taxpayers with unprocessed tax year 2021 income tax returns not yet entered into the IRS system. We will continue to evaluate our ability to accept these cases as the IRS resolves its backlog

Tax Year 2020 (or Earlier)

The Taxpayer Advocate Service (TAS) is currently assisting taxpayers with tax year 2020 or earlier income tax returns filed BEFORE January 1, 2022 (NOT TAXPAYERS WHO FILED THIS YEAR FOR A PREVIOUS YEAR) who had their refund stopped by the IRS program designed to verify the validity of income documents. (IE 60 Day Reviews, ID Verifys, Just lost in space with absolutely zero information on why)

TAS is currently assisting taxpayers with unprocessed tax year 2020 or earlier income tax returns filed BEFORE June 1, 2021 that the IRS has not yet entered into its systems. (IE Your Account Transcript says "No Tax Return on File", Mailed In Returns.) We will continue to evaluate our ability to accept these cases as the IRS resolves its backlog.

TAS is NOT currently assisting taxpayers with income tax returns stopped by the IRS
while the IRS requests additional information or documentation from the taxpayer to finish processing the return. (IE Wage Review, Audits) We will continue to evaluate our ability to accept these cases as the IRS resolves its backlog.

12/27/2021
12/11/2021

🚫🚫WARNING🚫🚫 Please be aware of a current Scam going out to e-mails.

The IRS DOES NOT e-mail Taxpayers!!

Please forward any emails you get claiming its the irs to

[email protected]

12/08/2021

Lookback MYTH

12/08/2021

2019 LOOKBACK PROVISION INFO

11/09/2021
06/22/2021

✅✅Edit...

It says August because it's too late for the July payment that's why it says August for the updated account info.
So the July one will be mailed or deposited to whatever they have on file.

What you all have been waiting for!!!

YES you can update bank info. And add children. And update address!!!! You just have to wait for the last portal to open within the week.

Address

Denair, CA

Opening Hours

Monday 10am - 6pm
Tuesday 10am - 6pm
Wednesday 10am - 6pm
Thursday 10am - 6pm
Friday 10am - 6pm
Saturday 10am - 6pm

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