Sherry K Gilbert, CPA

04/14/2025

Tennessee Tax Relief Alert! 📣

The IRS has extended most tax deadlines to **November 3, 2025** for *all Tennessee residents* due to recent storms.

This includes:
✅ Individual & business returns
✅ Estimated tax payments
✅ Payroll & excise filings
✅ 2024 IRA/HSA contributions

No need to apply — relief is automatic for TN addresses.

🔗
https://www.irs.gov/newsroom/irs-all-of-tennessee-qualifies-for-disaster-tax-relief-various-deadlines-postponed-to-nov-3

Questions? We are here to help!

IR-2025-47, April 14, 2025 — The Internal Revenue Service announced today tax relief for individuals and businesses in the entire state of Tennessee affected by severe storms, straight-line winds, tornadoes and flooding that began on April 2, 2025.

03/27/2024

Last Chance to Avoid Extension ⌛️
The April 15 tax deadline is approaching fast!
After Friday, March 29, 2024, all drop-offs will be on extension. Secure one of the remaining appointments in the first two weeks of April or drop off your documents for timely processing.
Remember, an extension is an extension to file, NOT an extension to pay taxes owed.
Thank you for your continued support and business this year! We truly appreciate it.

01/30/2024

📣Tax season is here and we are excited to announce that our office is now accepting appointments for the 2023 Tax Year.

Whether you're an individual or have a business structure ranging from sole proprietorships to corporations and LLCs, we are well-equipped to meet your tax requirements, including state filings. 📑💼

We're proud to be at your service all year round, and our secure portal makes uploading tax documents a breeze. Ready to get started? Click the "Book Now" button or give our office a call-423-753-7019- to schedule your appointment.

Let’s make this tax season smooth and stress-free! We look forward to assisting you. 🗓️🔐

Call now to connect with business.

10/10/2023

Tick-tock ⏰ time is running out!
The federal tax deadline for taxpayers who filed an extension for 2022 is quickly approaching, and we’re here to make sure you meet it with ease.
If you haven’t filed yet, don’t worry!
You can grab a last-minute appointment this week by clicking the “Book Now” button on our page or you can always call the office (423-753-7019) and we will get you in.

01/24/2023

It is that time again! The IRS is accepting 2022 Income Tax Returns for the season.🧾📥
This year we are offering:
-In Office Appointments
-Drop off and Pick Up
-Upload and File through our secure portal

Call 423-753-7019 to schedule your appointment.

01/10/2023

Thanks to the Washington County Sheriff's Office for always checking on us and for keeping the community safe!

04/14/2022

The office will be closed tomorrow, April 15, 2022, in observance of Good Friday.
We will be back in the office Saturday morning for your convenience from 8:00am-3:00pm and Monday from 8:00am-6:00pm.
If you still need to file an extension, please feel free to call the office 423-753-7019 and we will be happy to help you.
As a reminder, the tax season deadline this year is Monday, April 18.
Happy Easter ✝️
-Sherry and Kayla

02/10/2022

Taxpayers must report tip money as income on their tax returns.
Here's some information to help taxpayers report tip income so they don’t receive a surprise tax bill.

Taxpayers must include all tips they receive in their gross income: tips directly from customers, added using credit, debit, or gift cards, tip-splitting arrangements with other employees. The value of non-cash tips, such as tickets, passes or other items of value are also income and subject to tax.

Tax Tip 2022-23, February 10, 2022 — For those working in the service industry, tips are often a vital part of their income. Like most forms of income, tips are taxable.

01/31/2022

IRS recommends filing early....call us to schedule an appointment, at 423-753-7019.

01/25/2022

Monday marked the first day Americans could file their 2021 taxes.

The Internal Revenue Service has already said there will be "challenges" due to the significant backlog of returns from last year.

As of December, there were still 6 million individual returns that needed to be processed.

This year, the Treasury Department is warning of more delays for things as simple as your information not matching up with what the IRS has.

The expanded child tax credit could also be a potential pitfall. People who received payments throughout the last year will likely get a smaller refund.

"Families have already received half of their tax credit in advance,” said Jean Pliakas, a tax preparer with Liberty Tax. "If they're used to getting a larger refund, they're going to be a little surprised this year because they have already received half of it."

The fastest way to get a refund is to file electronically and set up a direct deposit. The IRS says most people who do that get their refund within 21 days.

The tax filing deadline is April 18.

01/24/2022

Call today for an appointment, 423-753-7019.

Officials are encouraging taxpayers to file electronically with direct deposit to help ensure issuing refunds do not face processing delays. They're also urging taxpayers to check for accuracy when filing – especially making sure to report accurate stimulus payment amounts received and advanced child tax credit payments – to avoid delays.

The IRS will send two letters:

Letter 6419 — informing taxpayers of their advance CTC payments. The agency began sending these letters in December and will continue to do so in January.
Letter 6475 — about the third stimulus check. That letter will be sent in late January.
Keep both of these letters and refer to them when you complete your tax return, tax experts said.

01/18/2022

IMPORTANT 2021 CHILD TAX CREDIT LETTER INFORMATION:

The IRS is sending information letters to recipients of advance child tax credit payments and third Economic Impact Payments

The IRS started issuing information letters to advance child tax credit recipients in December. Recipients of the third round of the Economic Impact Payments will begin receiving information letters at the end of January. Using the information in these letters when preparing a tax return can reduce errors and delays in processing.

People receiving these letters should keep them. Do not throw them away. These letters can help taxpayers, or their tax professionals prepare their 2021 federal tax return.

To help taxpayers reconcile and receive all the 2021 child tax credits to which they are entitled, the IRS started sending Letter 6419, 2021 advance CTC, in late December 2021 and will continue into January. This letter includes the total amount of advance child tax credit payments taxpayers received in 2021 and the number of qualifying children used to calculate the advance payments. People should keep this and any other IRS letters about advance child tax credit payments with their tax records.

Families who received advance payments need to file a 2021 tax return and compare the advance payments they received in 2021 with the amount of the child tax credit they can properly claim on their 2021 tax return.

The letter contains important information that can make preparing their tax returns easier. People who received the advance payments can also check the amount of their payments by using the CTC Update Portal available on IRS.gov.

Eligible families who did not receive any advance child tax credit payments can claim the full amount of the child tax credit on their 2021 federal tax return. This includes families who don't normally need to file a tax return.