Customized Accounting Services, LLC

Customized Accounting Services, LLC Business Accounting & Tax Preparation

Filing required starting January 1 for all businesses.
11/27/2023

Filing required starting January 1 for all businesses.

Beginning January 1, 2024, new Federal regulations go into effect that will require many corporations, limited liability companies, and other entities create...

Learn how to read your financials! JCCC has a class on January 26th.
01/06/2023

Learn how to read your financials! JCCC has a class on January 26th.

In this course, you will learn the language of finance and accounting; how to read balance sheets and income statements; how to analyze retained earnings and cash flow statements; how to calculate key financial ratios, and more. This information-packed workshop has been developed following the accel...

Check out the lookup tool to free file if you have income of $73,000 or less. The different providers charge different a...
02/14/2022

Check out the lookup tool to free file if you have income of $73,000 or less. The different providers charge different amounts for the state and some are completely free depending on the state.

IRS Tax Tip 2022-24, February 14, 2022 — For taxpayers on a fixed income, every penny matters. Many of these are seniors and retirees who can file their taxes for free. IRS Free File provides free online tax preparation software for taxpayers with income of $73,000 or less in 2021.

Here is where you get information on free tax filing for low-income-taxpayers.
02/09/2022

Here is where you get information on free tax filing for low-income-taxpayers.

Low Income Taxpayer Clinics (LITC), assist individuals who have a tax dispute with the IRS, provide education & outreach to taxpayers.

IRS Taxpayer Assistance Centers open on special Saturdays for face-to-face helpWASHINGTON – As part of a larger effort t...
02/04/2022

IRS Taxpayer Assistance Centers open on special Saturdays for face-to-face help
WASHINGTON – As part of a larger effort to help people during this year’s filing season, the Internal Revenue Service today announced special Saturday hours at many Taxpayer Assistance Centers (TACs) across the country.
TACs provide taxpayers with in-person help. Select TACs are open from 9 a.m. to 4 p.m., February 12, March 12, April 9 and May 14. Normally, these centers are not open on Saturdays. No appointments are required.
“The IRS continues to do everything we can to help people during this unprecedented period,” said IRS Commissioner Chuck Rettig. “Opening these assistance centers for special Saturday hours is designed to provide yet another way for people to get the help they need. We encourage people to review the details on these special Saturday hours so we can help serve them. I’m also extremely grateful to our employees who have stepped up to provide this special assistance.”
People can receive walk-in help on all services, however, the TACs will not accept cash payments on these Saturdays. During the extra operating hours, people can also ask about reconciling advance Child Tax Credit payments and receive other help.
To see which TACs will be open, visit IRS.gov/saturdayhours.
Come prepared
To arrive prepared, individuals should bring the following information:
• Current government-issued photo identification,
• Social Security cards for members of their household, including spouse and dependents (if applicable) and
• Any IRS letters or notices received and related documents.
During the visit, IRS staff may also request the following information:
• A current mailing address,
• An email address and
• Bank account information, to receive payments or refunds by direct deposit.
“We encourage people to receive payments and their tax refunds via direct deposit, which is faster and more secure than other payment methods,” said IRS Wage & Investment Commissioner and Taxpayer Experience Officer Ken Corbin. “People who don't have a bank account should visit the Federal Deposit Insurance Corporation website for details on opening an account online. They can also use the FDIC's BankFind tool to find an FDIC-insured bank.”
BankOn, American Bankers Association, Independent Community Bankers of America, National Credit Union Administration have lists of banks and credit unions that allow opening an account online. Veterans can use the Veterans Benefits Banking Program to learn about financial services at participating banks.
Services provided
The IRS’s Contact Your Local Office site lists all services provided at specific TACs.
If someone has a question(s) about a tax bill or an IRS audit, or needs help resolving a tax problem, they will receive assistance from IRS employees specializing in these services. If these employees are not available, the individual will receive a referral for these services. Taxpayer Advocate Service employees may also be available to assist with issues that meet certain criteria.
IRS staff will schedule appointments for a later date for Deaf or Hard of Hearing individuals who need sign language interpreter services. Foreign language interpreters will also be available.
The IRS follows Centers for Disease Control social distancing guidelines for COVID-19, and availability may change without notice. People are required to wear face masks and social distance at these events.

Select IRS Taxpayer Assistance Centers will offer walk-in services during Taxpayer Experience Days in February, March, April and May 2022.

03/17/2021

We love our clients! However, we thought you might be interested in the free filing tool provided by the IRS.

IRS Free File

03/02/2021

Paola Chamber of Commerce
Louisburg Chamber of Commerce
Osawatomie Chamber
Spring Hill Chamber of Commerce

02/05/2021

Identity Theft Involving Unemployment Benefits
IRS provides guidance
Taxpayers who receive Form 1099-G, Certain Government Payments, for unemployment benefits they did not actually receive because of identity theft should contact their appropriate state agency for a corrected form. States issue Form 1099-G to the taxpayer and to the IRS to report what taxable income, such as refunds or unemployment benefits, was issued by state agencies.
Scammers took advantage of the pandemic by filing fraudulent claims for unemployment compensation using stolen personal information of individuals who had not filed claims. Payments made due to these fraudulent claims went to the identity thieves, and the individuals whose names and personal information were taken did not receive any of the payments.
Taxpayers who receive an incorrect Form 1099-G for unemployment benefits they did not receive should contact the issuing state agency to request a revised Form 1099-G showing they did not receive these benefits. Taxpayers who are unable to obtain a timely, corrected form should still file an accurate tax return, reporting only the income they received. A corrected Form 1099-G showing zero unemployment benefits in cases of identity theft will help taxpayers to avoid being hit with an unexpected federal tax bill for unreported income.

If you haven't heard... PPP Loans that are forgiven will no longer cause a tax burden!
01/29/2021

If you haven't heard... PPP Loans that are forgiven will no longer cause a tax burden!

If you or your business received funds from the Paycheck Protection Program (PPP), the recently passed Emergency Coronavirus Relief Act of 2020 will help to dramatically cut your tax bill. Here’s what you need to know.

Address

410 N. Silver Street
Paola, KS
66071

Opening Hours

Monday 8am - 4:30pm
Tuesday 8am - 4:30pm
Wednesday 8am - 4:30pm
Thursday 8am - 4:30pm
Friday 8am - 4:30pm

Telephone

+19132949093

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