Jimmy Barnes, CPA, LLC

02/04/2023

In recent years, many people have pivoted to working from home, and that brings up tax questions. If you’re wondering whether you qualify for the home office deduction, contact us today!

01/23/2023

Don’t get punked by the IRS this tax season! Call us at (843) 651-2500.

01/14/2023

All employers are required to issue their W2s by January 31. Be sure to give us a call as soon as you get yours, so we can get your returns done and refunds on the way to your bank account as soon as possible! And remember, it’s also best to know if you’re going to owe money as soon as possible to give you time to plan for payments.

02/15/2022

It’s that time of year again! No really, you should already have what you need for us to get your taxes done today!

To file your tax return, you need your Form W-2s (if you’re an employee) and Form 1099s (if you’ve worked as an independent contractor or “gig worker”). January 31 is the deadline for employers to issue 2021 Form W-2s to employees and, generally, for businesses to issue Form 1099s to recipients of any 2021 interest, dividend or reportable miscellaneous income payments (including those made to independent contractors).

If you haven’t received a W-2 or 1099 by February 1, first contact the entity that should have issued it. If that doesn’t work, you can contact the IRS for assistance.

To set up an appointment, either email or give us a call!

01/18/2022

National Taxpayer Advocate Erin M. Collins has released her 2021 Annual Report to Congress, which stated that 2021 was “the most challenging year taxpayers and tax professionals have ever experienced.” Tens of millions of taxpayers experienced delays in the processing of their returns and significant refund delays. Processing delays led to a cascade of customer service problems including:

*The IRS’s Where’s My Refund? tool often could not answer the question.
*Telephone service was the worst it has ever been.
*The IRS took months to process taxpayer responses to its notices, further delaying refunds.

If you need help dealing with the IRS, give us a call at 843-651-2500. We are happy to be your advocate!

01/18/2022

The end of the year is approaching fast! For some last minute tax planning advice, please feel free to reach out to our office. Our number is 843-651-2500. We look forward to helping you!

10/13/2021

Have you received a notice or letter from the IRS and don’t know what to do? Call Jimmy Barnes, CPA at 843-651-2500!

If your notice or letter requires a response by a specific date, there are many reasons you’ll want to comply. Here are just a few:

*minimize additional interest and penalty charges;
*prevent further action from being taken on the account or against you; and
*preserve your appeal rights if you don’t agree.

Let us help!

08/25/2021

For the latest Child Tax Credit information, visit the IRS Advance Child Tax Credit Payments in 2021 page on IRS.gov or the Taxpayer Advocate 2021 Child Tax Credit & Advance Payment Option Get Help page.

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.

05/27/2021

The IRS has updated allowable living expense standards for 2021. If you have questions, you can read more about it here or just ask us!

Review IRS Collection Financial Standards to determine your ability to pay delinquent taxes.

05/13/2021

Monday is the May 17 tax deadline, but there’s still time to get your extension filed. Give us a call, and we’ll gladly help!

05/09/2021

Have you already filed your tax return but are still wondering when you will get your refund? The IRS has an online tool that can tell you the status of your refund. Go to irs.gov and click on “Get Your Refund Status.” To verify it’s you, you’ll need to enter your social security number, filing status, and the exact refund amount. This is the official IRS website, which is a secure site, but please be careful to *only* give such personal information to sites that you know you can trust (e.g. ending in .gov)

Pay your taxes. Get your refund status. Find forms, instructions and answers to tax questions. The IRS helps you understand and meet your federal tax responsibilities.

05/06/2021

Here’s a helpful tax tip that includes early information about Advanced Child Tax Credit payments under the American Rescue Plan Act:

Get help understanding what to generally expect and when more detailed information might be made available about the Advanced Child Tax Credit payments.