Aaron D. Witherspoon, CPA, MBA, MST

01/31/2024

2024 Tax Refund Calendar! 💰 💴 💰

01/10/2024

https://www.irs.gov/newsroom/2024-tax-filing-season-set-for-january-29-irs-continues-to-make-improvements-to-help-taxpayers

IR-2024-04, Jan. 8, 2024 — The Internal Revenue Service today announced Monday, Jan. 29, 2024, as the official start date of the nation’s 2024 tax season when the agency will begin accepting and processing 2023 tax returns.

01/13/2022

The Internal Revenue Service announced that the nation's tax season will start on Monday, January 24, 2022, when the tax agency will begin accepting and processing 2021 tax year returns.

Call or text to make your virtual appointment!

01/13/2022

The start of the 2021 tax season is Monday, January 24, 2022; IRS expects significant delays in issuing refunds in 2022!

01/20/2021

The IRS will start processing tax returns on Friday, February 12th for the 2020 tax season. The delay was done to ensure people will receive any remaining stimulus money as a Recovery Rebate Credit when they file their tax return.

Call or text today to make a virtual appointment!

01/20/2021

The start date has been set for the 2020 tax season. The IRS will start processing returns on Friday, February 12th! Call or text today to make a virtual appointment.

03/30/2020

2020 Stimulus Payment (CARES Act) Details:
• Single taxpayers will receive $1,200 and Married Filing Joint Taxpayers will receive $2,400
• Dependents claimed on a tax return are not eligible to receive a stimulus payment
• Individuals with past due child support will have their stimulus payment reduced or eliminated based on their past due amount
• The stimulus payment is an advance of a 2020 tax credit and repayment is not required
• The most recent tax year return filed will be used to compute your stimulus payment (2018 or 2019)
• Taxpayers receive $500 for each dependent claimed on their return that is under the age of 17
• Taxpayers above specified Adjusted Gross Income (AGI) limits will not receive a payment
• AGI Limits: Single > $99,000; Head of Household > $136,500 and Married Filing Joint > $198,000
• Individuals living on government benefits (SSA or VA) are eligible and will automatically receive a stimulus payment if they receive a SSA-1099 Form
• The IRS created a simple tax return for individuals: that are not required to file a tax return in 2018/2019 or they do not receive a SSA-1099 Form
• Here is the IRS simple tax return: https://www.freefilefillableforms.com/ #/fd/EconomicImpactPayment
• Payments will be issued via check or direct deposited using bank information from the IRS or SSA
• If you did not receive a Refund Advance or use Refund Transfer, your stimulus payment will be sent to your Emerald Card for H&R Block customers
• Direct deposits begin on Monday April 13th / Checks mailed within 3 weeks after that date

03/19/2020

If you are a Philadelphia worker who has been impacted by the Coronavirus pandemic; there’s a good chance you’re eligible for unemployment benefits from the State of Pennsylvania.
Don’t wait. Don’t hesitate. File an unemployment claim online as soon as you are unable to work.

03/17/2020

The Treasury just approved a 90 day extension to file your Federal income tax return and pay the tax that is due. July 15 is the new due date.

01/09/2020

The start date has been set for the 2020 income tax season. The IRS will start accepting tax returns on Monday, January 27th.

Call, text or email today to make an appointment!

12/16/2019

Tax Strategies to implement by December 31st: (1) Contribute funds to your local charity (2) Maximize your retirement plan contributions (3) Verify that the IRS has your current address (4) Immediately consult a qualified & experienced CPA with any tax questions that you may have.