Heather R Chambers, CPA, Inc

Important Tax Information for the 2020 filing season. UPDATED 3:00 PM The tax due date has BEEN EXTENDED beyond April 15, 2020 to July 15, 2020. The Payment Due Date has also BEEN EXTENDED to July 15, 2020. There will be no penalties or interest charged until July 16,2020. Please note - the first estimated payment for 2020 is also due by then. The State of CA complies with these dates as well but allows both 1st & 2nd estimates to be delayed to July 15, 2020.

News for those of you turning 70-1/2 in 2020. You can now wait till age 72 to take your first required minimum distribution from IRAs and 401Ks.

We're hiring! We’re looking for an experienced tax preparer to help us for the upcoming tax season. The position is temporary, but may lead to part-time work after tax season is over. For more information, or to apply, please visit https://heatherchamberscpa.betterteam.com/tax-preparer

Featuring our very own Tracy Halter-Balin! Coming to First Congregational Church on May 10, 11, 12, 17, 18 and 19.

The IRS announced yesterday that it will be providing refunds despite the government shutdown. Filing season begins Monday, January 28.

Don't like unpleasant surprises? Do this now! The new tax laws may affect your taxes drastically. If you are like us and don’t like the kind of surprises that involve having to pay out money, make sure your withholding is sufficient to cover your taxes. The IRS Withholding Calculator is the best tool for this. It is surprisingly easy to use, as well. You will need information from your previous year’s tax return, along with your most current pay stub.... You can do a checkup at any time, and the calculator will advise you on what to withhold in order to get caught up by the end of the year. This is very useful in case your situation changes. You can find the calculator at https://www.irs.gov/W4App. You can also find this link on our Resources page, along with a Form W-4 that you can download and fill out.

How to tell if it really *is* the IRS contacting you!

The Long Beach Landmark Theatre Company's latest production is coming next month. Closer than Ever is nonstop musical exploration of everyday struggles in the modern world. Topics ranging from unrequited adoration to aging, heartbreak, and even to Muzak are tackled with resounding sincerity and precisely-placed hilarity. Each song is a unique story told by a new character, taking audiences into the minds and hearts of contemporary people facing everyday, completely relatable challenges. For more information and to purchase tickets, visit www.lblandmark.org.

The Social Security Administration has released its list of the top 10 baby names for 2017. Scroll down the page for even more fun facts about names, and find out where little Caspian or Paisleigh fall on the list.

Happy Valentine's Day from all of us at Heather R Chambers, CPA, Inc!

First class postage is going up to 50 cents on January 21. If you're like us, you'll want to run out and buy a couple hundred Forever stamps to save $2.00!

Our annual update letter is going out today. If you just can't wait for yours, you can find it at http://www.heatherrchamberscpa.com/resources/ .