Rock Hill Tax Service

02/24/2025

Good morning folks with an LLC, Corporations, and Partnerships the BOI reporting is back on and required by March 21st. If you need any help with this please don't hesitate to call. 845-791-0072

01/11/2022

With the filing date set for 1/24 you can still apply for a fast cash advance from $500-$6000. Call for an appointment 845-791-0072

01/11/2022

https://www.usatoday.com/story/money/taxes/2022/01/10/irs-allowing-you-to-file-taxes-starting-jan-24/9163934002/

Because of the latest COVID resurgence and limited agency resources, the IRS is allowing taxpayers to file two weeks earlier than it did in 2021.

03/16/2021

Americans should wait to file an amended tax return if they got unemployment benefits last year and already filed their taxes, the IRS said Friday.

01/29/2021

https://www.cnbc.com/2021/01/11/just-39percent-of-americans-could-pay-for-a-1000-emergency-expense.html

Most people don't have the cash to cover an emergency car repair or unexpected medical bill. A new survey shows how that has worsened since the pandemic.

01/28/2021

Take a retirement distribution in 2020 due to covid? Call to see what can be done to mitigate the tax and penalties on the distribution. 845-791-0072

01/14/2021

https://www.freep.com/story/money/personal-finance/susan-tompor/2021/01/13/how-qualify-earned-income-tax-credit-if-you-lost-job/6579475002/

This is a huge boost for those on unemployment for most of the year. Call for an appointment 845-791-0072

Many people who depend on the Earned Income Tax Credit may not realize that they now can use wages from 2020 or 2019 to calculate the credit.

01/08/2021

Good News!! Due to the IRS error many of you would not have received your stimulus as it was sent to an account that you did not recognize. After lots of work and negotiation the intermediary bank that helped process your return is going to begin direct deposits into clients accounts on Jan. 11th! It was thought that most would have had to wait till they file and get their refund in February. Good News

01/07/2021

https://www.washingtonpost.com/business/2021/01/06/tax-return-stimulus-check/

The U.S. Treasury has sent out about 68 percent of the second stimulus payments. But many are learning they must file a 2020 tax return to receive their $600 payment.

01/03/2021

Contactless Tax Returns!
Also, offering FAST CASH ADVANCE $500-$6000.
Call 845-791-0072
for more details.

11/02/2020

Unemployment benefits are taxable benefits

If you are receiving unemployment benefits, consider having tax withheld from these payments to avoid owing taxes when you file your federal and New York State income tax return next year. New York State unemployment insurance benefits and any of the special unemployment compensation authorized under the Coronavirus Relief Act are considered taxable income. By law, the New York State Department of Labor must report these benefits to the IRS and to the New York State Tax Department.

We encourage you to review your records and, if necessary, adjust your tax withholdings. You can change your tax withholding option on the DOL website. Doing this could help you avoid a tax bill next year. To start or stop the withholding of federal or state taxes from your weekly benefits

04/18/2020

https://www.al.com/news/2020/04/what-to-do-if-your-stimulus-check-went-to-the-wrong-account.html

Here's some advice from tax experts about what to do if the IRS says your check was deposited into your account, but you don't recognize the account number.