Wayne W. Stanforth, CPA

Wayne W. Stanforth, CPA Our firm is a full service accounting and consulting firm. We cater to a wide variety of clients ran Let us know how we can serve you. We're here to help.

We cater to a wide variety of clients ranging from individuals to medium-sized corporations. Our staff accountants and partners specialize in retirement planning, business consulting, estates and trusts, and personal budget planning. Of course, in addition to our specialty areas, we also provide tax and accounting services; including tax planning, tax return preparation, and bookkeeping. Our full-

service accounting firm is well established and is ready to serve you. Since our inception, we have grown continuously by providing a wide-array of professional services.

WWS CPA is proud to announce that Urszula Ochman has joined the firm as principal. She has many years of tax preparation...
08/24/2024

WWS CPA is proud to announce that Urszula Ochman has joined the firm as principal. She has many years of tax preparation experience and two MBA's. Check out wws-cpa.com for more information.

Financial statements, bookkeeping, and cash flow accounts in the Hartford County area. Located at 710 Main St #2, Plantsville, CT 06479. Accepting new clients! Call (860) 628-4995 to contact us today!

Just moved to our new office. Same building as before, larger spot. Better to serve our expanding client base.
12/19/2022

Just moved to our new office. Same building as before, larger spot. Better to serve our expanding client base.

12/15/2021

Please be alert for two letters coming from the IRS. These letters will be needed to prepare an accurate tax return for 2021. The first letter is in regards to how much you received for the third economic impact payment. The other is in regards to any advance child tax credits payments you received. Please put these notices with your other tax documents.

11/04/2021

$300 per person of charitable contributions allowed on your 2021 tax return even if you don’t itemize.
Taxpayers who choose to take the standard deduction cannot claim a deduction for their charitable contributions. But a temporary law change now permits them to claim a limited deduction on their 2021 federal income tax returns for cash contributions made to qualifying charitable organizations. Nearly nine in 10 taxpayers now take the standard deduction and could potentially qualify.
Under this provision, individual tax filers, including married individuals filing separate returns, can claim a deduction of up to $300 for cash contributions made to qualifying charities during 2021. The maximum deduction is increased to $600 for married individuals filing joint returns.

07/07/2021

The IRS has recently updated its information regarding delayed refunds, effective June 15, 2021:
The IRS is opening mail within normal timeframes and all returns received prior to 2021 have been processed if the return had no errors or did not require further review. As of June 5, 2021, we had 18.2 million unprocessed individual returns in the pipeline. Unprocessed returns include tax year 2020 returns such as those requiring correction to the Recovery Rebate Credit amount or validation of 2019 income used to figure the Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC). This work does not require us to correspond with taxpayers but does require special handling by an IRS employee so, in these instances, it is taking the IRS more than 21 days to issue any related refund. If, as a result, a correction is made to any RRC, EITC or ACTC claimed on the return, the IRS will send taxpayers an explanation. Taxpayers are encouraged to continue to check Where’s My Refund? for their personalized refund status and can review Tax Season Refund Frequently Asked Questions.
How long you may have to wait: The IRS understands the importance of timely processing of tax returns and refund issuance. We have processed all error free returns received prior to 2021, and continue to work the returns that need to be manually reviewed due to errors. We are rerouting tax returns and taxpayer correspondence from locations that are behind to locations where more staff is available, and we are taking other actions to minimize any delays. Tax returns are opened and processed in the order received. As the return is processed, it may be delayed because it has a mistake including errors concerning the Recovery Rebate Credit, is missing information, or there is suspected identity theft or fraud. If we can fix it without contacting you, we will. If we need more information or need you to verify that it was you who sent the tax return, we will write you a letter. The resolution of these issues depends on how quickly and accurately you respond, and the ability of IRS staff trained and working under social distancing requirements to complete the processing of your return.
What you should do: If you filed electronically and received an acknowledgement, you do not need to take any further action other than promptly responding to any requests for information. If you filed on paper, check Where’s my refund? If it tells you we have received your return or are processing or reviewing it, we are processing your return, but it may be under review. We’re working hard to get through the backlog. Please don’t file a second tax return or contact the IRS about the status of your return.

01/21/2021

How to choose a Tax Preparer
From IRS.gov
There are various types of tax return preparers, including certified public accountants, enrolled agents, attorneys, and many others who don't have a professional credential. You expect your preparer to be skilled in tax preparation and to accurately file your income tax return. You trust him or her with your most personal information. They know about your marriage, your income, your children and your social security numbers – the details of your financial life.
Most tax return preparers provide outstanding and professional tax service. However, each year, some taxpayers are hurt financially because they choose the wrong tax return preparer. Be sure to check our tips for choosing a tax preparer.
What kind of tax preparer do I need?
Anyone can be a paid tax return preparer as long as they have an IRS Preparer Tax Identification Number (PTIN). However, tax return preparers have differing levels of skills, education and expertise.
Learn about tax preparer credentials and qualifications. Watch Choose a Tax Preparer Wisely. Get information on the Volunteer Income Tax Assistance (VITA) program.
How can I check a tax preparer's credentials?
Our Directory of Federal Tax Return Preparers with Credentials and Select Qualifications can help you find preparers in your area who currently hold professional credentials recognized by the IRS, or who hold an Annual Filing Season Program Record of Completion. You can also check the professional organizations many tax preparers belong to.
What if I have a complaint about a tax preparer?
Tax return preparer fraud is among the list of common tax scams.
The IRS provides tips on avoiding unscrupulous tax preparers and is committed to investigating paid tax return preparers who act improperly.
Make a complaint if you have been financially impacted by a tax return preparer's misconduct or improper tax preparation practices.

01/24/2020

From the IRS:
Tax season advice for taxpayers: Don’t be victim to "ghost" tax return preparers
________________________________________
As the 2020 tax filing season gets underway, the IRS is reminding taxpayers to avoid unethical "ghost" tax return preparers. A ghost preparer does not sign a tax return they prepare. Unscrupulous ghost preparers will print the return and tell the taxpayer to sign and mail it to the IRS. For e-filed returns, the ghost will prepare but refuse to digitally sign as the paid preparer. By law, anyone who is paid to prepare or assists in preparing federal tax returns must have a valid Preparer Tax Identification Number, or PTIN.

The Ultimate Tax-Time Checklist.
01/16/2019

The Ultimate Tax-Time Checklist.

Find out what information you need to pull together before filling out your return.

Happy New Year!
01/01/2019

Happy New Year!

We want to hear from you! We appreciate your feedback and compliments.
12/20/2018

We want to hear from you! We appreciate your feedback and compliments.

Happy Holidays from all of us at Wayne W. Stanforth, CPA.
12/06/2018

Happy Holidays from all of us at Wayne W. Stanforth, CPA.

Wayne W. Stanforth, CPA prepares all sales tax filings and offers full sales tax audit representation. Call 860-628-4995
11/21/2018

Wayne W. Stanforth, CPA prepares all sales tax filings and offers full sales tax audit representation. Call 860-628-4995

Address

710 Main Street Ste 2
Plantsville, CT
06479

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm
Saturday 9am - 12pm

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