Castleberry & Associates, PC

06/12/2022

02/08/2022

We are excited to announce that we have been nominated for Best Investment Firm, Robert Castleberry has been nominated for Best CPA and Best Financial Planner, in the 2022 The Norman Transcript Readers’ Choice Awards.

Go and vote early, and vote often! 😉
➡️

Check it out now!

01/10/2022

Filing season opens January 24 and Treasury officials are urging taxpayers to get their tax returns in as early as possible.

10/09/2021

Doesn’t matter the sport

04/23/2021

IRS ADDRESSES DELAY IN PROCESSING PAYMENTS SUBMITTED VIA MODERNIZED E-FILE

QuickAlert for Tax Professionals: Delay in Processing Form(s) 1040, 1040-X, and 1040-ES Payments Submitted via Modernized e-File (04/22/2021)
An IRS QuickAlert for Tax Professionals issued on April 22, 2021, has addressed delays in processing Form(s) 1040, 1040-X and 1040-ES payments submitted via Modernized e-File.
Background. Modernized e-File (MeF) is a web-based system that allows taxpayers to electronically file tax returns with the IRS. MeF allows taxpayers to e-file a balance due return and, at the same time, authorize an electronic funds withdrawal for the balance due from the taxpayer's bank account. The taxpayer can request that the electronic funds withdrawal (i.e., payment) be taken on a certain date ("payment request").
Payment processing delays. The IRS had experienced delays in processing payments related to e-filed Form(s) 1040, 1040-X, Amended U.S. Individual Income Tax Return, and 1040-ES, Estimated Tax for Individuals. According to the Alert, the IRS has resolved the delay issue, and pending payments are now being processed.
The QuickAlert states that taxpayers' accounts will be credited using the original payment request dates the taxpayers used when they filed their returns. Delayed payments should not be re-submitted.
If a taxpayer has already re-submitted a payment request due to the processing delay, the taxpayer may cancel the re-submitted payment request by calling 1-888-353-4537. However, the cancellation of payment requests must be received no later than 11:59 p.m. ET, at least two business days prior to the scheduled payment request date.

04/14/2021

Just a reminder to everybody, taxes are NOT due tomorrow. If you live in Oklahoma, Texas or Louisiana the deadline to file and pay has been extended to June 15th. Rest of the country May 15th. Federal 1st quarter estimates are still due tomorrow but not state.

02/26/2021

https://www.irs.gov/newsroom/irs-announces-tax-relief-for-oklahoma-severe-winter-storm-victims

OK-2021-01, February 25, 2021 — Victims of winter storms that began February 8, 2021 now have until June 15, 2021, to file various individual and business tax returns and make tax payments, the IRS announced today.