SCP Financial Services, LLC

06/16/2024

The top 10 Currencies!!!

The U.S. dollar is generally seen as the most powerful currency in the world. It’s the most-traded currency on the global stage by a wide margin. However—perhaps surprisingly—the greenback is not the strongest of the 180-odd traditional fiat currencies recognized as legal tender worldwide. A f...

06/11/2024

Food for thought!!!!

https://www.instagram.com/reel/C5WAmrJLnwV/?igsh=MWd3c3VsMGZ0bjluYQ==

03/15/2022

What are Business Expenses per the IRS!

03/15/2022

You have a month before the the April 18th tax deadline. Have you filed your taxes yet?
Don’t wait until the last minute!!! Get them in!!!!

02/02/2022

FYI: Tax Filing Delay For Some Taxpayers

If you took an Early Distribution from your 401-K in 2020 Due to Corona Virus Relief, and spread it across three years for tax purposes; There WILL be a delay in electronically filing your tax return.

Form 8915-F is used for this purpose and it is still in draft mode. The IRS hasn’t provided an exact date for the release of the final form.

Thanks
SCP Financial Services, LLC

01/17/2022

https://www.irs.gov/newsroom/2022-tax-filing-season-begins-jan-24-irs-outlines-refund-timing-and-what-to-expect-in-advance-of-april-18-tax-deadline

IR-2022-08, January 10, 2022 — The IRS announced that the nation's tax season will start on Monday, January 24, 2022, when the tax agency will begin accepting and processing 2021 tax year returns.

01/17/2022

https://www.irs.gov/newsroom/2022-tax-filing-season-begins-jan-24-irs-outlines-refund-timing-and-what-to-expect-in-advance-of-april-18-tax-deadline

The IRS will begin accepting electronic returns on Monday, Jan 24, 2022.

05/13/2021

Tax Filling Deadline is, Monday, May 17, 2021. Filling an extension doesn’t extend your time to pay, if you owe, only the time to file!!