O'Hare Tax and Financial Services Inc

05/11/2022

Please make note of our new address,
11725 Arbor Street, Suite 115.

01/18/2022

You will see a post below regarding needing the third stimulus exact amount and the child tax credit amounts for your upcoming tax appointment. If you do not get the letters, another option is to create an account on the IRS website, which will be listed below. Once registered, there is a section called, "Records". This section will have both of the amounts listed. It's also a useful site to get a refund status, make payments, set up a payment plan, retrieve past tax return transcripts and past payment information, etc.

Get instructions on your online account. Review the amount you owe, balance for each tax year and payment history.

01/07/2022

ALERT: PLEASE be on the look out, and do not throw away the IRS letters coming this month. They are labeled 6475 for the third economic impact payment (stimulus check, as people call it) last March and 6419 for the advance child tax credit. We will need the letters to accurately file your tax return. Everyone should be receiving these two letters by the end of January. If you do not receive the letters or misplace them, please make sure to know the exact amounts before your tax appointment. The child tax credit came monthly for most people starting last July, with six total payments. The third stimulus check came last March for most people. Thank you!!

03/19/2021

Here is a link to explain the stimulus and recovery rebate credit.

We are offering help for individuals, families, businesses, tax-exempt organizations and others – including health plans – affected by coronavirus (COVID-19).

01/28/2021

Many of you are asking about working from home expenses due to Covid-19. The 2018 Tax Cuts and Jobs Act suspended all unreimbursed job expenses for W-2 taxpayers. The CARES Act and the most recent stimulus act has not reinstated or allowed for any work from home expense for 2020.
For self-employed individuals the ability to deduct home office expenses is unchanged and still exists if you have a 100% business dedicated office area." See you all very soon!

Mike and Stacey

01/22/2021

NEW for 2020 tax preparation:

Be on the look out for the tax stimulus tax forms, 1444 (stimulus one) and 1444-B (stimulus two). Please bring these two tax forms when you come to this year’s tax appointment.

If you do not receive these forms in time for your tax appointment, please be sure to know the exact amounts of both stimulus checks, one and two.

03/31/2020

During this time of the virus, here are a few links to guide you through any questions you may have. Any information we have comes from these sites:
https://www.irs.gov/coronavirus
https://www.sba.gov/
https://www.dol.nebraska.gov/
Nebraska Department of Labor 402-444-4700

To explain the tax relief for those affected by coronavirus.

01/02/2020

REMINDER: Many of you scheduled your 2019 tax preparation at last year's appointment. If you didn't, please give us a call. To help you prepare, the tax organizer worksheets are posted to this page. We look forward to seeing you!

11/05/2018

We are scheduling 2018 tax appointments. Call now to reserve a time. We look forward to hearing from you!

01/24/2018

We are getting many questions regarding the 2018 tax changes. Here is a brief guide to some of them.

Here's how the U.S. tax system is changing for 2018 and beyond.