SA Business Professionals

11/10/2023

02/01/2023

Am taking appointments at this time. Have questions: give us a call. IRS is now accepting tax returns.

01/13/2023

The Internal Revenue Service announced Monday, January 23, 2023, as the beginning of the nation's 2023 tax season when the agency will begin accepting and processing 2022 tax year returns. More than 168 million individual tax returns are expected to be filed, with the vast majority of those coming before the April 18 tax deadline. People have three extra days to file this year due to the calendar.

01/07/2023

Some changes that might affect your tax refund for Tax Year 2022:
Child Tax Credit – Taxpayers who received $3,600 in 2021 as part of the expanded Child Tax Credit will see a big cut to pre-pandemic level of $2,000 for the 2022 tax year.
Earned Income Tax Credit – During the pandemic, eligible taxpayers without children were eligible for $1,500. This will be cut to $500 in 2022.
Child and Dependent Care Credit – This credit will see a significant reductions from $8,000 in 2021 to $2,100 in 2022.
No above-the-line charitable deductions – During COVID, taxpayers could take up to a $600 charitable donation tax deduction on their returns. However, in 2022, those who take a standard deduction may not take an above-the-line deduction for charitable donations.

12/31/2022

WHEN CAN I FILE MY TAXES?

The IRS is usually ready to accept tax returns the last week of January, with the official announcement arriving sometime in the middle of the month.

Check back for updates.

01/24/2022

NEWS YOU CAN USE:

Letter 6419 is a must for individuals who received advance child tax credits. If you received ACT credits you should not file without this document!

01/22/2022

Don't get caught off guard this tax season. Familiarize yourself with potential changes for your 2021 tax return before tackling your 1040.

Are you ready to file your 2021 tax return? If not, now's the time to start preparing. So, how do you get ready for tax season? One of the first things you should do is collect and organize your tax records. You have plenty of time, just don't procrastinate. Do it!
Call us for our secure website link which allows you to go virtual in a few easy steps. As always, in-person appointments are available!