AC Financial Care, LLC

12/19/2025

Sorry, everyone! A little behind with my content posting. So consider this a triple feature of tax tips to prepare for the upcoming tax season!!!

12/17/2025

12/16/2025

For the next 10 days, I will be sharing an update/tip for the upcoming tax season to help you better prepare this tax season!!

06/12/2025

Did you owe this past tax season or was your refund less this year 🤔? I am here to assess your tax situation and suggest any changes that can turn things around for you when you file next tax season. Making changes that are needed mid year can make a BIG difference when you file next year in a positive way!! So don't delay!!! Book your 30 minute personalized virtual consultation with me to review your last tax filing for only $50. Any additional time needed will be an additional fee. Call or text 864-326-1705 to schedule.

04/03/2025

Deadline to file is approaching fast!! Deadline to file in SC this year is May 1st due to Helene last year. However, it's important if all possible to file on time which saves money even if you dont have the money right away if you owe. I understand sometimes unforeseen circumstances can occur that may can cause reasons not to file by the deadline. Please see below for penalties for filing late vs filing on time and paying late and act accordingly.

Failure to File Penalty: What You Need to Know

If you miss the tax deadline and haven’t filed your return yet, the IRS may hit you with a Failure to File Penalty — and it adds up fast.

What Is It?

The Failure to File Penalty is charged when you don’t file your tax return by the due date (usually April 15) and you owe taxes.

How Much Is the Penalty?

5% of the unpaid taxes for each month (or part of a month) your return is late.

It maxes out at 25% of your unpaid taxes.

Example:

If you owe $2,000 and file 3 months late:

5% x $2,000 x 3 months = $300 penalty

Important Note:

If your return is over 60 days late, the minimum penalty is $485 (for 2024) or 100% of the tax owed, whichever is less.

What If You Can’t Pay?

Still file your return on time!

The Failure to Pay Penalty is lower (0.5% per month), and interest applies — but avoiding the Failure to File Penalty can save you a lot.

02/19/2025

Good morning and Happy Hump Day! Have you already had a busy week but want to get your taxes filed? Get your taxes done while you are on the go with tax filing virtual options! Message me or call/text 864-326-1705 for more information and to get started with your tax filing.

02/18/2025

Have you filed and now wondering when your refund may come in? Please see below for an estimate of the refund schedule for this tax season. Please note this is an estimate only and not a guarantee when your refund will come in.

Also, if you were eligible and claimed the Earned Income Tax Credit (EITC) and/or the Additional Child Tax Credit (ACTC), the PATH Act holding requirement was released on February 17th and those tax filings should begin to process now.

02/14/2025

Get your taxes done while on the go. Follow these steps to get started.

02/05/2025

Tax season is here and the W2s are arriving in your mailbox! Do you have everything you need and ready to file, but not sure when you can stop by a tax office to get your filing done? No worries! Download our mobile app, enter our firm code, download your documents, and get started with your filing! If you have any questions along the way call or text 864-326-1705.

01/10/2025

January 27th will be the day IRS will start accepting tax returns.