MEP The Tax Lady

01/14/2023

It is with sorrow I inform you that I am still completely and permanently closed for business. My cancer has returned and I’m medically unstable. Thank you for your past business and trust. I wish you the best in finding a reliable preparer and will miss you all.
Sincerely,
Mary E Pawlowicz

01/05/2022

IMPORTANT NOTICE TO ALL
Dear Valued Client,
It is with regret and sorrow that I write to inform you that I will be unable to serve your tax preparation, tax planning, or business consulting needs this year. I have been diagnosed with a very aggressive stage 4 lymphoma that requires a very aggressive treatment, both of which have debilitated me. By doctors orders, I must completely close my entire business operations to preserve my life and health. Thank you for entrusting me with your financial, tax, and business needs in the past and I pray you find a replacement to meet your needs this upcoming year.
I will be unavailable by phone because of my many medical needs and appointments so please refrain from calling or texting. Any tax notices may be mailed within 3 days of receipt or emailed within 5 days of receipt to the addresses listed below. Please include all pages, front and back, and your best contact number when mailing.
Look for your red folder or electronic copy received last year from me to use as a guide in gathering your tax documents and to give to your preparer this year to aid in the transition and help them prepare more accurate returns for you. Unfortunately, I am unable to provide duplicate copies of last or previous years’ returns at this time.
Again, I thank you for your loyalty and trust in the past. Best wishes in the upcoming year. I would appreciate your prayers and will welcome any correspondence by mail.

Sincerely,
Mary E. Pawlowicz
The Tax Lady
591 Dick Road
Butler, PA 16001
[email protected]

07/23/2021

DEADLINE TO UNENROLL IS AUGUST 2ND:The IRS’s Child Tax Credit Update Portal allows families to change the bank account where their Child Tax Credit (CTC) payment is deposited, or to stop monthly payments by unenrolling. Families who want to take these steps should do so by Aug. 2 if they want it to apply to the Aug.13 payment. Deadlines for the rest of 2021 are in Topic J of the Advance Child Tax Credit Payment FAQs. Important: For married couples who file jointly, each spouse must unenroll. If only one spouse unenrolls, the couple will still receive half the normal payment. Similarly, if they are changing bank account information, each spouse must make the update so both halves of their payment go to the new account. See the page on IRS.gov for multilingual CTC materials you can share with your clients.

Pay your taxes. Get your refund status. Find IRS forms and answers to tax questions. We help you understand and meet your federal tax responsibilities.

07/02/2021

The IRS tool had been updated so you can now update your banking info. You will have to have your drivers license handy to sign up for an online account.

Unenroll if you don’t want to get advance Child Tax Credit payments or check if you’re enrolled.

06/23/2021

Big News! The Update Portal for the Advanced Child Tax Credit is open. You should be able to use this to update your bank account, your dependents status and opt out of advanced monthly payments.🤞🏼

View your eligibility and unenroll from advance payments of the Child Tax Credit.

04/06/2021

The IRS is still issuing the latest stimulus Economic Impact Payments. Here’s how the third Economic Impact Payment is different from earlier payments:

The third Economic Impact Payment is different from the first and second payments in several ways.

The third Economic Impact Payment is an advance payment of the 2021 recovery rebate credit. The two earlier payments are advance payments of the 2020 recovery rebate credit. Eligible people who didn't get a first and second Economic Impact Payment or got less than the full amounts, may be eligible to claim the 2020 recovery rebate credit and must file a 2020 tax return even if they don't usually file a tax return.

The third Economic Impact Payment will be larger for most eligible people. Eligible individuals who filed a joint tax return will receive up to $2,800, and all other eligible individuals will receive up to $1,400. Those with qualifying dependents on their tax return will receive up to $1,400 per qualifying dependent.

More people qualify as dependents. Unlike the first two payments, the third payment is not restricted to children under 17. Eligible families will get a payment for all qualifying dependents claimed on their return. This may include older relatives like college students, adults with disabilities, parents and grandparents.

Income phase-out amounts are different for the third payments.
Taxpayers will not receive a third payment if their Adjusted Gross Income exceeds:
$160,000, if married and filing a joint return or if filing as a qualifying widow or widower.
$120,000, if filing as head of household.
$80,000 for eligible individuals using other filing statuses, such as single filers and married people filing separate returns
This means that some people won't be eligible for the third payment, even if they received first or second EIPs or are eligible for a 2020 recovery rebate credit.

Some people may be eligible for a Supplemental Payment.
The amount of the third payment is based on the taxpayer’s latest processed tax return from either 2020 or 2019. If the taxpayer's 2020 return hasn’t been processed, the IRS used 2019 tax return information to calculate the third payment.

If the third payment is based on the 2019 return, and is less than the full amount, the taxpayer may qualify for a supplemental payment. After their 2020 return is processed, the IRS will automatically re-evaluate their eligibility using their 2020 information. If they’re entitled to a larger payment, the IRS will issue a supplemental payment for the additional amount.

04/01/2021

The IRS announced they will be processing refunds of tax on the first $10,200 of Unemployment Compensation Benefits beginning in May. My guess is after May 17th. They have not announced whether they will direct deposit or mail checks for the refund of taxes. Be watching your mail and banks if you filed taxes prior to March 12th and had UC benefits.

03/30/2021

Attention College and University Students

03/24/2021

For those of you who haven’t received the third round of Economic Impact Payments, be patient. The US Treasury is still rolling out payments via mail by check or EIP cards. Note: EIP cards from round 1 and round 2 will not be reloaded; a new card will arrive by mail. I will continue to post updates as they become available.

03/20/2021

Good news for those who already filed 2020 returns and paid Federal Tax on all Unemployment Compensation Benefits prior to the tax law change. The IRS is not requiring amended returns. They will internally adjust your previously filed return and refund your tax on the first $10,200 of Unemployment Benefits. It is unclear if they will refund by direct deposit or check...I will keep you posted. Our office will contact clients individually if you had a balance due to give you an adjusted balance this upcoming week.

03/18/2021

Due to tax law changes and delayed ability to process tax returns, the IRS has extended the filing and payment deadline to May 17th. If you have already dropped off your tax information, trust that we are diligently working to process your returns and will notify you when they are ready. We appreciate your patience. If you still need a tax preparer, we are open for drop offs but are now looking at an approximate 3 to 4 week processing time.

03/16/2021

The IRS is preparing to start depositing the third round of Economic Impact Payments this week. Be watching your bank accounts to check on the status of your payment. Unlike EIP1 and EIP2, a payment will be issued to parents of dependents over age 17 so older high school and college students won’t miss out on this payment. Be aware that the payment will go to the parents, not directly to the student. If you haven’t noticed a payment post to your account, you can begin checking on payment status beginning Wednesday at www.irs.gov , search Get My Payment to be directed to the tool that will help you find out if a payment is on the way.

Get My Payment Get Your Refund Status Get Coronavirus Tax Relief File Your Taxes for Free Get Your Tax Record View Your Account Make a Payment Get Answers to Your Tax Questions Forms and Instructions 1040 and Schedules 1-3 Individual Tax Return Other 1040 Schedules Information About the Other Schedu...