Don't Panek Tax Services

06/23/2021

The new Advance Child Tax Credit payments should be rolling out on July 15th! $300 or $250 a month depending on your child's age.

There are situations where you will want to UNENROLL from these payments (otherwise expect to have to repay it on your tax return). The two big ones being:

1.) You made income less than certain threshold amount in 2020, and will receive more income than the thresholds in 2021.
2.) DIVORCED parents who claim a child/children every other year. Depending on the situation, one of the parents will need to unenroll.

If either of these pertain to you, or if you have any questions, reach out to see if and who needs to unenroll!

https://www.irs.gov/credits-deductions/advance-child-tax-credit-payments-in-2021

And a big thank you for everyone who supported Don't Panek Taxes in what was one crazy year all around!

Find details about the advance Child Tax Credit payments, including how to get them or stop getting them.

09/11/2020

Reminder! Third quarter Federal and State payments are due Tuesday 09/15 for those who need to make estimated payments!

If you received a large amount of unemployment income and didn’t withhold taxes this may apply to you!

07/16/2020

Taxes are due in 4 hours! Haven’t filed? Don’t Panek! Reach out now to file an extension!

03/17/2020

A 90 day extension TO PAY federal taxes has been implemented! Which means if you owe federal taxes, be sure to file for an extension as well if you plan on using the extension to pay.

Wisconsin has not announced anything yet.

If you expect a refund, no need to delay, file today!

03/15/2020

LLC's, Partnerships, and S-Corp Tax returns are due tomorrow March 16th! But it's not too late to file for an extension!

01/27/2020

The IRS has officially begun to accept tax returns. Better to get started earlier than later!

01/23/2020

Taxes due? Don’t Panek! I am looking forward to continuing to help my long time friends and clients, and also helping new clients in need of tax preparation or planning! Taxes can be completed entirely over email, texts, and the telephone, or I am available to meet in the Milwaukee area, and will be making some trips to sturgeon bay! I am excited to announce a new client portal that will be used this year where your taxes can be signed and reviewed with your own unique and secure login ID. Follow the page and reach out to get started or set up a meet up!