Schwab Accounting & Tax

Schwab Accounting & Tax Are you spending more time than you would like keeping your books or doing taxes? Would you like to understand your income and costs better?

Let Schwab Accounting & Tax take care of the routine and free up your time to grow your business.

There have been a few news stories about waiting to file your 2022 tax return becuase the IRS had not yet issued guidanc...
02/11/2023

There have been a few news stories about waiting to file your 2022 tax return becuase the IRS had not yet issued guidance about the taxability of some state payments made during the pandemic.

Please see this article, it is the IRS guidance that we have been waiting on if you were a resident of any of the 21 impacted states.

If you were a resident of Texas for 2021 and 2022. None of this applies. Please do not wait to file your taxes. We can help you now, and offer expanded tax hours including evenings and Saturdays.

Kind regards,
Amy

IR-2023-23, Feb. 10, 2023 — The IRS provided details today clarifying the federal tax status involving special payments made by 21 states in 2022.

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