P & J’s Tax Services - One Stop Taxes

01/16/2021

🛑👀👉🏽There are several important dates taxpayers should keep in mind for this year's filing season👇🏽

✔️February 12. IRS begins 2021 tax season. Individual tax returns begin being accepted and processing begins.

✔️February 22. Projected date for the IRS.gov Where's My Refund tool being updated for those claiming EITC and ACTC, also referred to as PATH Act returns.

✔️First week of March. Tax refunds begin reaching those claiming EITC and ACTC (PATH Act returns) for those who file electronically with direct deposit and there are no issues with their tax returns.

🛑April 15. Deadline for filing 2020 tax returns.

✔️October 15. Deadline to file for those requesting an extension on their 2020 tax returns

IR-2021-16, January 15, 2021 — The Internal Revenue Service announced that the nation's tax season will start on Friday, February 12, 2021, when the tax agency will begin accepting and processing 2020 tax year returns.

01/11/2021

🙌🏽New Tax Laws🙌🏽
👉🏽(7202)
You can claim a credit for the time you had to take off due to covid if you were self employed either entirely or with w2 income and 👇🏽
✔️You had covid yourself and missed work
✔️You had to miss work to care for someone with covid
✔️You had a child who had to stay home because the school went virtual due to covid

✅Allow me to maximize your refund
✅Virtual Services
✅In-Person Services

01/08/2021

Second Stimulus update today 👉🏽 (1-8-2021)

January 8, 2021 — Update on Economic Impact Payments.

01/07/2021

🗣Highlights of LLCs👍
✅Good choice for small businesses
✅Increased flexibility than Corporations
✅Owner can be a Non-US citizens
✅Ownership can be held by another LLC
✅Unlimited shareholders
✅Different levels/classes of ownership
✅Less taxation (individual assessment only)

🛑👉🏽If you know someone that need or want their LLC send them my way ❤️🤝
‼️‼️We offer Business in a box‼️‼️
🙌🏽Business in a box is your one stop solution for everything you need to register your corporation.
👉🏽To include: your articles of incorporation, operating agreement, state filing fees, minutes binder, corporation seals and stamps, a complete kit for everything you need to start your business correctly.

01/06/2021

👉🏽Second Stimulus update‼️

01/05/2021

👉🏽If you have worked in 2020 please wait on all your W2’s, 1099-MISC/other forms to file your taxes.📂
👇🏽
✋🗣IF you received unemployment, DO NOT attempt to file your 2020 tax return UNTIL you receive your 1099-G.

✋🗣If you withdrew money from your 401k, DO NOT attempt to file your 2020 tax return UNTIL you receive your 1099-R.

✋🗣If your insurance was through Healthcare.gov, DO NOT attempt to file your tax return UNTIL you receive your 1095-A.

✋🗣If you had winnings from the casino, DO NOT attempt to file your tax return UNTIL you receive your W2-G(s).

🙅‍♀️🤦‍♀️🗣Attempting to do so MAY delay your refund.

‼️PLEASE‼️wait on all documentation to get your taxes successfully processed and approved by the IRS👌🏽💵

01/05/2021

👉🏽👶Children born between Jan. 1 and Dec. 31 of 2020 qualify for both stimulus payments if their parents meet income limits: $500 from the first check and $600 from the second round💵

Eligible parents who had a baby in 2020 can qualify for up to $1,100 of extra stimulus cash, according to MSN report.

12/30/2020

12/30/2020

👉🏽The IRS doesn't consider stimulus payments to be income, which means you won't be taxed on your stimulus money, and the IRS won't garnish it to pay for any back taxes you owe.

👉🏽That also means a direct payment you get this year won't reduce your tax refund in 2021 or increase the amount you owe when you file your 2020 tax return. You also won't have to repay part of your stimulus check if you qualify for a lower amount in 2021.

‼️If you didn't receive everything you were owed this year, you can claim your full stimulus check amount as a Recovery Rebate Credit on your 2020 federal income tax return by filing in 2021👈🏽🤗

12/30/2020

📱Second stimulus check: latest news

- Treasury Secretary Steven Mnuchin says $600 checks will arrive by direct deposit as early as tonight for some people.

👉🏽The $600 checks will go to individuals and dependent children under age 17.

Stimulus checks are coming, and soon.

12/18/2020

👉🏽It's that time of year👈🏽
Get your replacement social for your household:

‼️Taxes will not be submitted without them on file. My office will be protected from audit. Compliance is 🔑.

Here:

Request a Replacement Social Security Number (SSN) Card Online Getting a replacement Security number (SSN) card has never been easier. As long as you’re only requesting a replacement card, and no other changes, you can use our free online services from anywhere. All you need to do is log in to or ...

12/18/2020

Starting 1/2/21 I will have advances available up to $6k upon approval! Please remember to gather all of your documents including your 1099-G(unemployment form)to be considered for this advance. I appreciate all of the referrals you have sent and will be paying referral fees up to $50 for each paid out return. Thank you for being the best part of ONE STOP Taxes!