HP Tax and Accounting LLC

03/01/2021

Why pay more than you have to! HP Tax & Accounting is happy to help you with any notices you receive from IRS. Contact us via email at [email protected]

Tax Tip 2021-23, February 23, 2021

02/22/2021

If you didn’t get the full Economic Impact Payment, you may be eligible to claim the Recovery Rebate Credit!

Eligible individuals can claim the Recovery Rebate Credit on their 2020 Form 1040 or 1040-SR. These forms can also be used by people who are not normally required to file tax returns but are eligible for the credit.

02/16/2021

IRS is now open!!

IR-2021-16, January 15, 2021 — The Internal Revenue Service announced that the nation's tax season will start on Friday, February 12, 2021, when the tax agency will begin accepting and processing 2020 tax year returns.

03/26/2020

New Tax Filing date is July 15th!!!

The heads of five international tax organizations met in Sydney, Australia recently to look over progress in the fight against trans-national tax crime and set priorities for the year ahead.

01/29/2019

Save money with tax breaks for married couples.

11/07/2018

How much would you owe in taxes if you won the Mega Millions jackpot? It depends on your tax strategy. http://bit.ly/2yVngXB

10/09/2018

Tax Season is only couple of months away. Here is some info on the new tax form. HP Tax & Accounting LLC is here to help you anytime you need help!

From deductions to withholding tables, there are plenty of changes to expect on the new 1040 tax form.

02/16/2018

IRS will reject 2017 returns that are silent on compliance with ACA individual mandate - Thomson Reuters Tax & Accounting http://modo.ly/2Ey4yKx

At its online Affordable Care Act (ACA) Information Center for Tax Professionals, IRS has said it will not accept electronically filed tax year 2017 returns that are silent on whether the taxpayer has complied with the individual mandate provisions of the ACA. Returns won't be treated as complete an...

02/15/2018

Five Things to Remember About Exemptions and Dependents for Tax Year 2017 Five Things to Remember About Exemptions and Dependents for Tax Year 2017 | Internal Revenue Service - http://modo.ly/2Exl7G8

Tax Tip 2018-20, February 7, 2018

02/13/2018

New tax law lets you take this break even on your 2017 return http://modo.ly/2EOU72H

Rules governing the deduction for medical expenses are temporarily more generous, affecting tax years 2017 and 2018.

02/11/2018

The IRS Isn't Calling You http://modo.ly/2nN1rES

Tax season means scammers are scamming. You may be contacted by phone or email or even social media by someone claiming to be from the IRS, threatening to get the sheriff involved (this happened to a Lifehacker staffer) if you don’t pay up.