1st Choice Tax Preparation

Portal for non-filers is up! IRS just released its web tool portal thingie where non-filers can go to "confirm their information" and make sure they get their stimulus. The tricky thing is, from what I can see as of now, this tool will NOT work for people who have already filed tax returns and just want to add or update their bank info. They're saying they're going to add that feature soon though.

Q.How many loans can I take under this program? A. Only one Q. What can I use these loans for?... A. 1) Payroll costs, including benefits; 2) Interest on mortgage obligation; incurred before Feb 15, 2020; 3) Rent, under lease agreements in force before February 15, 2020 and 4) Utilities, for which service began before February 15, 2020

The IRS does not have my direct deposit information. What can I do? In the coming weeks, Treasury plans to develop a web-based portal for individuals to provide their banking information to the IRS online, so that individuals can receive payments immediately as opposed to checks in the mail. I am not typically required to file a tax return. Can I still receive my payment?... Yes. The IRS will use the information on the Form SSA-1099 or Form RRB-1099 to generate Economic Impact Payments to recipients of benefits reflected in the Form SSA-1099 or Form RRB-1099 who are not required to file a tax return and did not file a return for 2018 or 2019. This includes senior citizens, Social Security recipients and railroad retirees who are not otherwise required to file a tax return. Since the IRS would not have information regarding any dependents for these people, each person would receive $1,200 per person, without the additional amount for any dependents at this time.

For those who haven't filed for 2018 or 2019, Seniors collecting SSI and not claimed as a dependent, file your return now to qualify for your stimulus check. Message us now for further information.

We wanted to take a moment to inform that the date to file your Taxes is still April 15th, 2020. The administration has extended time to pay without penalty to July 15, 2020 but not time to file. We recommend if you are expecting a refund to try and file as soon as possible, as refunds will be delayed. We are still working by appointments only with limited business hours or you can email/fax documents for your safety. We can assist you with filing an extension as well. Feel free to message me with any questions.

Tax deadline to file still remains April 15th. 90 day extension to pay for those who owe.

You are important! Our office is respecting the no more than 10, please make your appointment or email your documents.

On behalf of 1st Choice Tax Preparation. We remind you : Health and safety comes first. In order to facilitate your filing process message us to email your taxes forms. We are here to help!

If you filed early and are receiving refundable credits you might have to wait until the first week of March..

Today is the deadline to send the 1099s. Please contact us if you need assistance with any 1099s. They need to be in the mail today to avoid any late penalties.

First batch of checks printing :)

Update: January 27th will be the first date IRS will be accepting e-filed