McGovern Tax Services, LLC

01/10/2022

The IRS announced today that it will begin accepting 2021 tax returns for e-filing on Monday, January 24, 2022. You can have your return prepared before that date, but your return cannot be e-filed before January 24. The filing deadline for your 2021 federal income tax return is April 18 (instead of the normal April 15) because of a federal holiday.

IR-2022-08, January 10, 2022 — The IRS announced that the nation's tax season will start on Monday, January 24, 2022, when the tax agency will begin accepting and processing 2021 tax year returns.

01/19/2021

The IRS has announced that it will begin accepting 2020 tax returns for e-filing on February 12, 2021. You can prepare your return now so that it is ready to file on that date.

IR-2021-16, January 15, 2021 — The Internal Revenue Service announced that the nation's tax season will start on Friday, February 12, 2021, when the tax agency will begin accepting and processing 2020 tax year returns.

07/04/2020

The IRS has announced that the deadline for filing 2019 tax returns will not be extended beyond July 15. You can obtain an extension and file your return by October 15. To do so, you must file an extension request no later than July 15. Avoid late filing penalties by contacting us today for a free consultation and free filing of your extension request. Just send a message to schedule your consultation. Or book a consultation at https://mcgoverntaxservices.setmore.com/

06/19/2020

The tax filing deadline this year is July 15, 2020. Need help but don't want to leave home? We offer remote tax preparation services to clients in Texas, all around the country, and overseas. Just send a message or call us. After an initial phone call, we send a link to a secure, online portal to which you can upload your tax documents such as W-2 forms. We then prepare a draft of the tax return for your review. As soon as you approve it, we e-file the return and confirm with you that it has been accepted We are here to help!

03/20/2020

2019 Tax Filing and Payment Deadlines Extended to July 15, 2020. Earlier this week, the IRS extended the payment deadline for 2019 taxes to July 15. Penalties and interest will not begin to accrue until July 16. Today, the Treasury Secretary announced that the filing deadline is also extended to July 15. There is no need to file an extension request to obtain this extended deadline.

03/20/2020

March 18, 2020 - The Treasury Department and the Internal Revenue Service are providing special payment relief to individuals and businesses in response to the COVID-19 Outbreak.

02/29/2020

The IRS has added a new question to the 2019 Form 1040 about cryptocurrency such as Bitcoin.

Did you do any crypto in 2019, yes or no? If you check no, but IRS later finds it, you could face big trouble. You have to answer and file under penalties of perjury, and the IRS is unforgiving. Just look at offshore accounts, where the IRS won big time on just such a question.

02/16/2020

You can easily track the status of your refund using the IRS's "Where's My Refund" online tool.

IR-2020-31, February 14, 2020 — Offering time-saving alternatives to a telephone call, the Internal Revenue Service reminds taxpayers they can get fast answers to their refund questions by using the “Where’s My Refund?” tool available on IRS.gov and through the IRS2Go app.

05/31/2019

Couples getting married this year know there are a lot of details in planning a wedding. Along with the cake and gift registry, their first tax return as a married couple should be on their checklist. The IRS has tips and tools to help newlyweds consider how marriage may affect their taxes.

05/02/2019

WASHINGTON — In support of National Small Business Week, May 5-11, the Internal Revenue Service is emphasizing the many IRS online resources available to help small business owners and self-employed individuals handle the tax aspects of their business.

01/08/2019

The IRS announced today that it will begin accepting tax returns for e-fling on January 28, 2019. Despite the government shutdown, it appears that the IRS is moving forward with plans to issue refunds. You don't need to wait until January 28 to have your return prepared. If you have the necessary documentation such as W-2 and 1099 forms, we can prepare your return now so that it is ready to file when the IRS begins accepting returns.

IR-2019-01, January 7, 2019 ― Despite the government shutdown, the Internal Revenue Service today confirmed that it will process tax returns beginning January 28, 2019 and provide refunds to taxpayers as scheduled.

09/21/2018

https://www.forbes.com/sites/peterjreilly/2018/09/20/do-not-ignore-irs-form-1099-c-it-will-not-end-well/amp/

Do not ignore IRS Form 1099-C. Report and claim any applicable exclusion.