Maryellen Shook CPA

04/23/2026

Sorry if we miss you! The Office will be closed on April 23, 2026 for out of office appointments.

01/26/2026

Due to inclement weather, our office will be closed on Monday, January 26th, and will reopen on Tuesday. ❄️❄️❄️

01/21/2026

12/26/2025

Merry Christmas to All 🎄. Hoping you are spending time with family and friends and enjoying the Holiday Season.

12/13/2025

Be alert to Scams!

11/03/2025

Must have had final assembly in US. To determine if a vehicle had final assembly in the U.S., check one of these:
-The information label attached to the vehicle on a dealer's premises
-The vehicle identification number (VIN)

The One, Big, Beautiful Bill Act has a significant effect on your taxes, credits and deductions.

09/30/2025

On September 30 at midnight, the government will run out of money for the next fiscal year. That means that, unless a compromise is reached in Washington, there will be a government shutdown.

While it feels like we are always under the threat of a shutdown these days, that wasn’t always the case. Since 1980, the government has only been shut down 10 times. Until 1990, not one of the shutdowns lasted more than a single day. That changed in 1990 when the government turned off the lights for three days.

More recently, the government stopped operating twice during President Trump’s first term. The December 22, 2018, shutdown lasted 35 days, the longest in history.

Taxpayers and tax professionals remember it well—by the time it ended, the IRS was weeks behind schedule on training and new hires for the 2019 tax season. At the time, the National Taxpayer Advocate advised House officials that it would take "at least a year" for the IRS to return to normal operations.

07/05/2025

Some info on how The OBBBA will effect those who receive Social Security benefits. I’ll only share credible information on this Act.

03/24/2025

BOI reporting has changed again. New revised rules have exempted most US Companies.

U.S. businesses no longer have to comply with the beneficial ownership information (BOI) reporting filing requirements of the Corporate Transparency Act (CTA).

12/26/2024

Updates to BOI Reporting Deadlines

In response to the Court decision of Dec. 23, the Financial Crimes Enforcement Network (FinCEN) has announced the following updated deadlines for beneficial ownership information (BOI) reporting:

Extended Deadlines for Existing Companies

Companies created or registered before Jan. 1, 2024, must file their initial BOI reports by Jan.13, 2025 (extended from Jan. 1, 2025).

Extensions for Recently Registered Companies

Companies registered between Sept. 4, 2024, and Dec. 23, 2024, now have until Jan. 13, 2025, to file their BOI reports.
Companies registered between Dec. 3, 2024, and Dec. 23, 2024, receive an additional 21 days from their original filing deadline.

Disaster Relief Extensions

Depending on their circumstances, companies qualifying for disaster relief may have filing deadlines beyond Jan. 13, 2025.

New Companies Starting in 2025

Companies registered on or after Jan. 1, 2025, must file their BOI reports within 30 days of their creation or registration becoming effective.

We will continue to monitor developments and alert you to any changes or updates as they occur.

12/24/2024

New Due date to file your BOI reports! Must be filed by 01.13.25.