Despite recent moves in the right direction with getting caught up on processing, the IRS is experiencing a new addition to their backlog. In many cases where taxpayers have claimed certain tax credits and deductions, the IRS is requiring additional information and documentation to support the claims. This is causing an increase in processing time…
IRS Glitch Sends False Notices
Apparently a glitch in IRS systems caused some taxpayers to receive notices stating that they owe money for 2023 even though payment was made. Whether you paid by check or electronically, there is a chance you may have received a notice and at this time, there is nothing you need to do as they are…
Price Changes Coming
As everyone knows, I don’t raise my prices every year like other firms. In fact, I’ve only raised them 2-3 times with about 10 years between each. However, the cost of software/hardware/services to keep client data secure has greatly increased. The price is affecting my company as of February. As a result, I must raise…
Personal Tax Filing Start Date
The IRS announced today that the e-file for personal tax returns will begin on Monday, January 23rd. Please note that due to weekends and holidays, this year’s tax deadline is April 18th!
Business Filing for YT 2022 Announced
The IRS just announced that filing for business tax returns for the tax year 2022 will be on Thursday, January 12th. This will include forms 1120, 1120S, 1065, and 990 (corporate, s-corp, partnership, non-profit). The 990-T (non-profits un-related business income) and 4720 (Excise taxes) are still in the development testing phases and will be available…
New SecureFilePro Mobile App!
My software company, Drake Software, just launched the new mobile app for my file uploads/sharing system. Please check the Google Play or Apple App Store for the SecureFilePro app and download it today! It will make accessing your documents and sending documents to me that much smoother!
New Cash Donations Deduction for 2021
You no longer have to itemize to take advantage of your cash donations. You can deduct up to $300 of CASH donations on your 1040. Make sure you provide me with your receipts!
Protocols for 2021 Appointments
Please understand that as the world continues to fight the COVID-19 pandemic, I am not currently taking in-person appointments for your safety and the safety of my family. If you NEED your taxes prepared while you wait, please email me to arrange for a non-contact appointment at a specified time. A non-contact appointment will consist…
2021 Tax Season Filing
The IRS announced in late January that the tax filing season for individual returns will begin on February 12th. You can still send me your documents and I will have everything prepared and ready to transmit. Most business forms are already being accepted. As usual, there will be some additional delays with regards to certain…
2020 Price Increase
Beginning on January 1, 2020 my prices will increase for the first time in 9 years. The pricing page has already been updated to reflect these pricing changes so you can plan accordingly. More than one in three preparers raise prices every year and 32% every two years. So since this is the first increase…