My staff and I hope you've had an enjoyable Christmas, Hanukkah or Kwanza and a Happy New Year!! We look forward to working with you again as the Covid environment continues and government subsidies persist in our tax preparation.
With Covid-19, the Delta and Omicron variants persisting, the list of precautions everyone is taking grows. We are concerned with your ability to stay safe and healthy. With that said, we are flexible to receive your tax information by meeting in person with masks and or distancing. for a quick drop off at the counter, utilize our drop box outside our front door, mail, email, fax or schedule a phone call or virtual meeting as you see fit. We will accommodate your needs in whatever manner you are comfortable with. We sanitize after any client meeting at the office and have sanitizer available at the front desk for anyone to use. We want you to feel safe during this most unusual time.
I would encourage you to visit and utilize my websites for information, communication, and education of all things tax and financial. www.iaccpapfs.com is my Tax site and my Financial Planning site is www.lifestaqesadvisory.com. In April of 2020 I started My Podcast, WTF - Wealth, Taxes and Finance! Give it a listen, every Tuesday at noon we release a new episode. As of this writing, there are 100+ episodes filled with various topics on taxes, finances, investments, estate, and retirement planning issues. We have thousands of listeners and currently are in over 25 countries!
The IRS has mandated some very stringent and essential changes for taxpayers going forward. The IRS has shihed much of their compliance burden to "me" as a tax preparer to assist the agency due to cutbacks with services and communication to 'you' the taxpayer, forcing us to assure you comply with these regulations. You as a taxpayer need to supply us with your personal tax information and verify with documentation, questionnaires or statements, income, and expenses to be declared for this tax season, for your taxes to be accepted by the IRS.
The following list is just a few of the things we have dealt with this past year and will continue to do so again this tax season:
(People who have received the advance CTC payments can also check the amount of their payments by using this link - www.irs.gov/credits-deductions/child-tax-credit-update-portal)
By dropping off, mailing, faxing, or emailing your 2021 tax information to us it is inferred that you are engaging us to prepare your Federal, State and Local returns for 2021. You also agree to the following conditions:
The IRS lack of personnel resources, Ohio compliance issues and complexity of local/city taxes over the past several years has increasingly added a huge drain on our time. With all the new compliance mandated by the IRS for me as a preparer, we ask that you be patient. Please understand that additional time may be required to verify proper tax credits, dependency claims and stimulus benefits.
As always, if we erred in some manner, we will bear the cost for reasonable interest and penalties if so levied upon you.
I encourage you to bring in your tax information as soon as you have it ready. This filing year may have additional extensions as did this past filing year. In relation to filing deadlines, they may be moved from April 15 since Covid is still a major concern and disruption. As usual, if tax information is received after March 31, you may go on extension. If you do, we will have your returns completed as soon as we can. Please complete the itemizer as much as possible. Make sure that you have given us a current phone number and email so we can update our records for contacting you.
Remember, we have a drop box at the front door for after-hours drop offs. Office hours for the tax season will be as follows: Monday- Thursday 9am-4pm, Friday 9am-3pm and Saturday 9am-12pm or by appointment, closed Sunday. If you need to meet outside of those hours, please contact the office for an appointment.