Trina's Tax Service

04/08/2024

April 15th is fast approaching - have you filed your taxes yet?

01/16/2024

4th Quarter Estimated Payments are due today.

Use Direct Pay to securely pay Form 1040 series, estimated or other individual taxes directly from your checking or savings account at no cost.

01/09/2024

https://www.irs.gov/newsroom/2024-tax-filing-season-set-for-january-29-irs-continues-to-make-improvements-to-help-taxpayers

IR-2024-04, Jan. 8, 2024 — The Internal Revenue Service today announced Monday, Jan. 29, 2024, as the official start date of the nation’s 2024 tax season when the agency will begin accepting and processing 2023 tax returns.

12/31/2023

Don’t forget to record the mileage on your car for the new year.

12/28/2023

https://www.irs.gov/credits-deductions/home-energy-tax-credits

Energy improvements to your home such as solar or wind generation, biomass stoves, fuel cells, and new windows may qualify you for credits expanded in 2022.

11/04/2023

Avoid a surprise next year; review tax withholding now before time runs out

Check your W-4 tax withholding with the IRS Tax Withholding Estimator. See how your withholding affects your refund, paycheck or tax due.

10/31/2023

Your small business is growing, congratulations! Be sure you're ready to successfully hire and retain your first employee.

Join us as we discuss required employee documentation, payroll and whether you can handle it in-house or need to outsource, necessary tax reporting and other human resource points you should consider. This webinar will also help current employers review and improve their processes.

Date: Tuesday, November 7
Time: 12:00 p.m. – 1:00 p.m.
Location: Online
Cost: Free
Presented by: David Kreller

Register at www.wichita.edu/workshops.

07/05/2023

Home Energy Tax Credits

06/08/2023

Time to make your June estimated tax payment. Pay here by June 15th: https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMzMsInVyaSI6ImJwMjpjbGljayIsInVybCI6Imh0dHBzOi8vd3d3Lmlycy5nb3YvcGF5bWVudHMvZGlyZWN0LXBheSIsImJ1bGxldGluX2lkIjoiMjAyMzA2MDcuNzc4OTE5NzEifQ._TIOhHxlgAkYwm-_jKE7leecL6nE4iZv_ejhuKfca3I/s/1292024181/br/204433390932-l
Don’t forget the state payment if you have one of those due.🙂

Use Direct Pay to securely pay Form 1040 series, estimated or other individual taxes directly from your checking or savings account at no cost.

03/22/2023

Less than four weeks left of tax season.

01/26/2023

Check out my new website where you can make in office appointments. Online clients can upload documents from there as well.
Kingmantaxpro.com

Trina’s Tax Service Competitive Pricing Competent Preparation Share Documents Directions Appointment Where is my refund? n Tax Preparation Have your taxes prepared in office by appointmentor remotely through a secure online portal. Tax preparation the way you want it! Self-Employed, Clergy, Colleg...

01/12/2023

IRS sets Jan. 23 as official start to 2023 tax filing season.

12/20/2022

See you in 2023!

12/17/2022

10/19/2022

Student loan debt forgiveness is not taxable at the federal level and most states are following suit. Apply now through December 31, 2023

https://studentaid.gov/manage-loans/forgiveness-cancellation/debt-relief-info

06/27/2022

Classes for small businesses in Kansas. Some are free!
Thinking of starting a business? This is a place to start.

The Kansas SBDC is part of America’s Small Business Development Center Network, the most comprehensive small business assistance network in the United States.

06/10/2022

Make sure to keep good records and take advantage of the increased standard mileage rate for your business.

https://www.irs.gov/newsroom/irs-increases-mileage-rate-for-remainder-of-2022?fbclid=IwAR3sAkgZb-3bAfG2qt7CjLGth9yZWaQOJlCTrIREcJBdGisOHopzdWna3sg

IR-2022-124, June 9, 2022 — The Internal Revenue Service today announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business and certain oth...

06/08/2022

For those who pay estimated taxes, second quarter June 15 deadline approaches

04/15/2022

Friday, April 15th, is the last day to file 2021 KS Homestead Claims!

03/29/2022

For the first time, maximum educator expense deduction rises to $300 in 2022; limit $250 for those filing 2021 tax returns

WASHINGTON – The Internal Revenue Service today reminded teachers and other educators planning ahead for 2022 that they’ll be able to deduct up to $300 of out-of-pocket classroom expenses when they file their federal income tax return next year.

This is the first time the annual limit has increased since the special educator expense deduction was enacted in 2002. For tax-years 2002 through 2021, the limit was $250 per year. This means for people currently filing their 2021 tax returns due in April, the deduction is limited to $250. The limit will rise in $50 increments in future years based on inflation adjustments.

For 2022, an eligible educator can deduct up to $300 of qualifying expenses. If they are married and file a joint return with another eligible educator, the limit rises to $600. But in this situation, not more than $300 for each spouse.

Who qualifies?
Educators can claim this deduction, even if they take the standard deduction. Eligible educators include anyone who is a kindergarten through grade 12 teacher, instructor, counselor, principal or aide in a school for at least 900 hours during the school year. Both public- and private-school educators qualify.

02/17/2022

Taxpayers can start the 2022 tax-year off right by checking their withholding.

https://content.govdelivery.com/accounts/USIRS/bulletins/30b108f?reqfrom=share

Tax Tip 2022-27: Taxpayers can start the 2022 tax-year off right by checking their withholding Internal Revenue Service (IRS) sent this bulletin at 02/17/2022 10:25 AM EST IRS Tax Tips February 17, 2022 Useful Links: IRS.gov Help For Hurricane Victims News Essentials What's Hot News Releases IRS - T...

01/24/2022

The IRS is open and accepting returns.

01/11/2022

2022 filing season starts soon. The IRS starts accepting returns on January 24.

01/07/2022

12/31/2021

Don’t forget to record your odometer’s mileage today or tomorrow if you’re self employed.
2022 mileage rate is 58.5 cents per mile.

12/11/2021

Use online account to securely access the latest information available about your federal tax account and see information from your most recently filed tax return on IRS.gov. Act now if you need to create an account.

Steps to Take Now to Get a Jump on Next Year’s Taxes | Internal Revenue Service

Pay your taxes. Get your refund status. Find IRS forms and answers to tax questions. We help you understand and meet your federal tax responsibilities.

12/08/2021

Merry Christmas

12/07/2021

In January 2022, the IRS will send Letter 6419 with the total amount of advance Child Tax Credit payments taxpayers received in 2021. People should keep this and any other IRS letters about advance Child Tax Credit payments with their tax records.

https://www.irs.gov/credits-deductions/2021-child-tax-credit-and-advance-child-tax-credit-payments-frequently-asked-questions

10/11/2021

https://www.irs.gov/newsroom/give-tax-withholding-a-fresh-look-as-2021-year-end-nears

IR-2021-199, October 8, 2021 — The Internal Revenue Service reminds taxpayers today that the last quarter of 2021 is a good time to check withholding.

08/31/2021

Passed this summer, SB 50 extends tax relief to Kansas individuals and families by increasing the standard deduction by $500 for all filers and by giving Kansans the option to claim state itemized deductions even if they elect to claim the federal standard deduction, which was made significantly more generous under the TCJA.
Save up those itemized deduction items because you could potentially use them this year!