JS TAX Service

JS TAX Service Save yourself time and frustration when you utilize tax services from JS Tax Service in Hickory, North Carolina. We solve IRS problems!

We prepare federal and state income tax returns for individuals, businesses, and corporations. Our financial experts have the experience to handle 1040, 1040EZ, itemized deductions, tax planning and filing, and business incorporations. Additionally, we offer bookkeeping and payroll services. We solve all IRS problems! If you owe the IRS gives us a call!

01/05/2022

Cash Advance up to $6,000 available!

09/09/2020

IRS to mail a special letter to an estimated 9 million non-filers, urging them to claim Economic Impact Payment by Oct. 15

WASHINGTON — Later this month, the Internal Revenue Service will start mailing letters to roughly nine million Americans who typically don't file federal income tax returns who may be eligible for, but have not registered to claim, an Economic Impact Payment.

The letters will urge recipients to register at IRS.gov by October 15 in order to receive their payment by the end of the year. Individuals can receive up to $1,200, and married couples can receive up to $2,400. People with qualifying children under age 17 at the end of 2019 can get up to an additional $500 for each qualifying child.

The letters are being sent to people who haven't filed a return for either 2018 or 2019. Based on an internal analysis, these are people who don't typically have a tax return filing requirement because they appear to have very low incomes, based on Forms W-2, 1099s and other third-party statements available to the IRS. But many in this group are still eligible to receive an Economic Impact Payment.

"The IRS has made an unprecedented outreach effort to make sure people are aware of their potential eligibility for an Economic Impact Payment this year," said IRS Commissioner Chuck Rettig. "Millions who don't normally file a tax return have already registered and received a payment. We are taking this extra step to help Americans who may not know they could be eligible for this payment or don't know how to register for one. People who aren't required to file a tax return can quickly register on IRS.gov and still get their money this year."

The letter, officially known as IRS Notice 1444-A, is written in English and Spanish and includes information on eligibility criteria and how eligible recipients can claim an Economic Impact Payment on IRS.gov. The mailing, which will begin around September 24, will be delivered from an IRS address. To help address fraud concern, a copy of the letter (PDF) is available on IRS.gov.

If those receiving letters haven't done so already, this letter urges eligible individuals to register by October 15 for a payment by using the free Non-Filers: Enter Payment Info Here tool, available in English and Spanish and only on IRS.gov. More than seven million people have used the Non-Filers tool so far to register for a payment. Those unable to access the Non-Filers tool may submit a simplified paper return following the procedures described in the Economic Impact Payment FAQs on IRS.gov.

The IRS reminds recipients that receiving a letter is not a guarantee of eligibility for an Economic Impact Payment. An individual is likely eligible if he or she is a U.S. citizen or resident alien; has a work-eligible Social Security number; and can't be claimed as dependent on someone else's federal income tax return. However, there can be a variety of situations that could affect an individual's eligibility. For more information on eligibility requirements, recipients should read the Economic Impact Payment eligibility FAQs on IRS.gov.

The registration deadline for non-filers to claim an Economic Impact Payment through the Non-Filers tool is October 15, 2020. People can also wait until next year and claim it as a credit on their 2020 federal income tax return by filing in 2021.

The IRS emphasizes that anyone required to file either a 2018 or 2019 tax return should file the tax return and not use the Non-Filers tool.

06/29/2019

Our office will be closed on the week of the 4th of July.

11/18/2018

Stay tuned, big announcement coming soon!

Cash Advance money is available at JS Tax Service. Give us a call at 828-328-1130
01/15/2018

Cash Advance money is available at JS Tax Service. Give us a call at 828-328-1130

12/29/2017

Prepaid Real Property Taxes May Be Deductible in 2017 if Assessed and Paid in 2017
WASHINGTON - The Internal Revenue Service advised tax professionals and taxpayers today that pre-paying 2018 state and local real property taxes in 2017 may be tax deductible under certain circumstances.

The IRS has received a number of questions from the tax community concerning the deductibility of prepaid real property taxes. In general, whether a taxpayer is allowed a deduction for the prepayment of state or local real property taxes in 2017 depends on whether the taxpayer makes the payment in 2017 and the real property taxes are assessed prior to 2018. A prepayment of anticipated real property taxes that have not been assessed prior to 2018 are not deductible in 2017. State or local law determines whether and when a property tax is assessed, which is generally when the taxpayer becomes liable for the property tax imposed.

The following examples illustrate these points.

Example 1: Assume County A assesses property tax on July 1, 2017 for the period July 1, 2017 – June 30, 2018. On July 31, 2017, County A sends notices to residents notifying them of the assessment and billing the property tax in two installments with the first installment due Sept. 30, 2017 and the second installment due Jan. 31, 2018. Assuming taxpayer has paid the first installment in 2017, the taxpayer may choose to pay the second installment on Dec. 31, 2017, and may claim a deduction for this prepayment on the taxpayer’s 2017 return.

Example 2: County B also assesses and bills its residents for property taxes on July 1, 2017, for the period July 1, 2017 – June 30, 2018. County B intends to make the usual assessment in July 2018 for the period July 1, 2018 – June 30, 2019. However, because county residents wish to prepay their 2018-2019 property taxes in 2017, County B has revised its computer systems to accept prepayment of property taxes for the 2018-2019 property tax year. Taxpayers who prepay their 2018-2019 property taxes in 2017 will not be allowed to deduct the prepayment on their federal tax returns because the county will not assess the property tax for the 2018-2019 tax year until July 1, 2018.

The IRS reminds taxpayers that a number of provisions remain available this week that could affect 2017 tax bills. Time remains to make charitable donations. See IR-17-191 for more information. The deadline to make contributions for individual retirement accounts - which can be used by some taxpayers on 2017 tax returns - is the April 2018 tax deadline.

IRS.gov has more information on these and other provisions to help taxpayers prepare for the upcoming filing season.

08/25/2017

JS Tax Service would like to wish everyone a great weekend!

We enjoyed participating in the IRS Nationwide Tax Forum held in Orlando, Florida. We look forward to sharing all of the...
07/13/2017

We enjoyed participating in the IRS Nationwide Tax Forum held in Orlando, Florida. We look forward to sharing all of the new changes for the upcoming 2018 tax season!

01/09/2017

PATH Act to delay over 30 million refunds until after Feb. 15, 2017

On December 18, 2015 Congress passed a bill that will impact 30 million taxpayers and the tax professionals who prepare their returns. The PATH Act (Protecting Americans from Tax Hikes) creates a law that prohibits the IRS from releasing refunds for taxpayers claiming Earned Income Tax Credit (EITC) and/or Additional Child Tax Credit (ACTC) prior to Feb. 15, 2017.

Solution:
Come to JS Tax Service and get a "Cash Advance". If approved by the bank, you can have cash within 24-48 hours.

01/07/2017

DefendMyID does what the leaders in the ID Theft world do at a fraction of the cost. Their price...

12/30/2016

Happy New Year to all from JS Tax Service!

Address

211 S Nc 127 Highway Ste 150
Hickory, NC
28602

Opening Hours

Tuesday 10am - 5pm
Thursday 10am - 7pm
Friday 10am - 7pm

Alerts

Be the first to know and let us send you an email when JS TAX Service 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 JS TAX Service:

Share

Category