Nonna Hayrapetyan, EA

01/08/2024

📣📣📣
This morning IRS has announced Jan. 29 as the beginning of the tax season when the agency will begin accepting and processing tax year returns.

03/07/2023

🛑 The due date for CALIFORNIA/ALABAMA/GEORGIA- based tax returns has been changed.

Now, just about everything is due on or before 10/16/23. That includes:

3/15 tax returns
3/15 tax payments
4/15 tax returns
4/15 taxes owed for 2022
4/15, 6/15 and 9/15 estimated tax payments
6/15 PTE payments

No extensions required and it applies to disaster area taxpayers in California, Alabama and Georgia.

01/14/2023

IRS announced Jan. 23 as the beginning of the tax season when the agency will begin accepting and processing tax year returns.
Details at: www.irs.gov/news

IRS-ը հունվարի 23-ը հայտարարեց որպես հարկային սեզոնի սկիզբ: Այդ օրվանից սկսված IRS-ը կսկսի ընդունել և ընթացք տալ ձեր տարեկան հարկային հաշվետվությունները: Մանրամասների համար անցեք այս հղումով: www.irs.gov/news

01/03/2023

2022 Standard Mileage Rate Cost 👇

12/27/2022

📌When reporting your mileage for 2022, you must separate mileage from Jan 1 - June 30, 2022; then July 1 through Dec 31, 2022.

12/02/2022

Topic: Business Related Travel Deductions 👨‍💼👩‍💼

✔️Hotel bills
✔️Airfare or train tickets
✔️Cab fare
✔️Public transportation
✔️Using a personally owned car for business
✔️ Business calls and communication
✔️ Tips paid for services related to any of these expenses.
✔️ Other similar ordinary and necessary expenses related to the business travel.

👉🏻Businsess travelers may be able to offset these travel deductions when they file their taxes.

📝Recordkeeping:
Make sure to keep records, such as receipts, canceled checks, and other documents that support a deduction.

11/08/2022

Why were you notified by the IRS?🤔

The IRS sends notices and letters for the following reasons:

1️⃣You have a balance due.
2️⃣You are due a larger or smaller refund.
3️⃣IRS has a question about your tax return.
4️⃣IRS needs to verify your identity.
5️⃣IRS needs additional information.
6️⃣IRS changed your return.
7️⃣IRS needs to notify you of delays in processing your return.

10/31/2022

📍The standard deduction for married couples filing jointly for tax year 2023 rises to $27,700 up $1,800 from the prior year. For single taxpayers and married individuals filing separately, the standard deduction rises to $13,850 for 2023, up $900, and for heads of households, the standard deduction will be $20,800 for tax year 2023, up $1,400 from the amount for tax year 2022.

has announced tax inflation adjustments for tax year 2023. People will see a significant increase in standard deductions in 2023. See: http://ow.ly/ufe750LfUzx