Campbells Tax & Accounting Inc

03/26/2025

2021 REFUNDABLE TAX CREDIT FOR SELF-EMPLOYED INDIVIDUALS EXPIRING APRIL 15, 2025! Call our office today to pre-qualify!

Qualified taxpayers can still claim the sick leave credit worth up to $5,110 for 2021 by April 18, 2025 if they were not able to work due to COVID-19 exposure, contraction, or government-mandated quarantine1. An amendment to claim the credit for sick and family leave between January 1, 2021, and September 30, 2021, remains eligible for filing until May 17, 20252. With self-employed net income of at least $143,866, you can qualify for a maximum credit of $511 a day for up to 10 days when you were unable to perform services as an eligible self-employed individual because of one or more of the reasons specified3. The per employee limit is increased to $12,000 for up to 12 weeks and resets for periods of leave taken after March 31, 2021 and before October 1, 20214.

02/17/2025

Campbell's Tax will be opening on a delay today! Our office will open at 12. Our hearts are with our EKY brothers and sisters who have lost their homes, livelihoods, and even family members in this flood. Please pray for our community!

02/11/2025

We are closed today due to the snow accumulation. Everyone stay safe and warm! We will open back up tomorrow!

12/06/2024

‼️Attention Small Business Owners‼️

January 1, 2025 deadline requires urgent filing

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) began accepting beneficial ownership information reports. The bipartisan Corporate Transparency Act, enacted in 2021 to curb illicit finance, requires many companies doing business in the United States to report information about the individuals who ultimately own or control them.

Call our office today for filing assistance or follow this link to file:

https://boiefiling.fincen.gov/

12/02/2024

Don't wait till next year...now is the perfect time to plan for your 2024 income tax return and employ strategies that may improve your tax outcome! Call our office today to schedule a tax planning appointment!

11/15/2024

‼️Important Notice for Business Owners‼️

The IRS has a new reporting requirement for many business owners. Major Civil penalties can apply if not filed timely.

"The Beneficial Ownership Information (BOI) report is a new type of report required by the U.S. federal government that discloses the owners of a business. Most businesses are required to file the BOI report with the Financial Crimes Enforcement Network (FinCEN) between January 1, 2024 and January 1, 2025. This report was created to help increase transparency of businesses and help fight illicit activity through the use of business structures."

The process is simple and can be completed by most business owners. However, our firm is happy to help you with compliance! Call our office today for more information!

06/21/2024

We are beach bound! Campbell's Tax will be closed June 22-30 for vacation. Please call 606-886-2030 and leave a message with any inquiries.

04/09/2024

Not only is April 15, 2024 the 2023 tax filing deadline but it is also the last day to file your 2020 tax return (including stimulus payments) before your refund expires! If you are due a refund for your 2020 tax return and have yet to file, contact our office and we will be happy to help you!

04/04/2024

The 2023 tax filing deadline is fast approaching! Walk ins welcome or call 606-886-2030 to schedule your appointment!

02/21/2024

🇺🇸2020 & 2021 STIMULUS PAYMENTS🇺🇸

Never received your stimulus payments? It is not too late to file! Did you have a child born alive then pass shortly after? If so, we can file for a stimulus for your baby too!

The deadlines to file a return and claim the 2020 and 2021 credits are May 17, 2024, and April 15, 2025, respectively.

Call Campbells Tax & Accounting Inc to file today!

01/15/2024

We are closed today due to snow! We hope to reopen tomorrow! Stay safe and warm!

01/06/2024