Debra L. Daniels, CPA, PLLC

04/08/2024

Things to remember when filing a 2023 tax return
The IRS has some important reminders for taxpayers who haven’t filed yet. The deadline for most taxpayers to file and pay their 2023 federal tax is April 15, 2024
Taxpayers should file after they receive all their proper tax documents, or they risk making a mistake that could cause delays.
Prepare to file
• Review income documents carefully. If any of the information is inaccurate or missing, taxpayers should contact the payer right away for a correction or to ensure they have the taxpayer’s current mailing or email address.
• Organize tax records so they can easily prepare a complete and accurate tax return.
• Check eligibility for deductions or credits. Taxpayers should understand which credits and deductions make sense for their tax situation and which records they need to show their eligibility.
• Create an IRS Online Account to securely access information about their federal tax account, including payments, tax records and more.
• Renew their Individual Taxpayer Identification Number or ITIN it if it's expired and is needed on a U.S. federal tax return. If taxpayers don't renew an expired ITIN, the IRS can still accept their return, but it may delay processing.
Use IRS.gov resources and online tools for tax help
IRS.gov has online tools to help get taxpayers the information they need. The tools are easy to use and available 24 hours a day. There are tools to help taxpayers file and pay taxes, track tax refunds, find information about their accounts and get answers to their tax questions.

05/19/2020

It has been my opportunity to assist many of my clients with the many issues associated with this pandemic such as "where is my stimulus", "do I have to file", "do I qualify", as well as SBA PPP and EIDL loans. As a CPA, I receive updates every day, and I had to quickly learn the ins and outs of all of the disaster assistance, and although this "pivot" in our firm took us away from finishing tax returns, tax planning, financial statements, and more, it has been gratifying to be able to help the residents and businesses in Payson.

The IRS has ramped up their staff to field more questions about the Stimulus payments. Please review the post from the IRS for more information. Some points that everyone checking their own status must know:
Enter your social security number without the dashes
Enter the exact number of your AGI with no commas
Enter your address EXACTLY as on your return no punc.

With many taxpayers still having problems using the Internal Revenue Service’s “Get My Payment” website, the IRS announced that it is mobilizing 3,500 telephone representatives to answer some of the most common questions about economic impact payments.