Beck's Tax & Business Services

Child tax credit: New portal for opting out of advance payments. View our blog for more information on the upcoming advanced Child Tax Credit payments. https://beckstaxservice.com//child-tax-credit-new-portal-f

Let’s be patient as this past year has been challenging for many of us. Including the IRS. The Internal Revenue Service is holding 29 million tax returns for manual processing, contributing to more refund delays than are typical in a normal filing season due to sweeping tax code changes, limited resources, outdated IT systems and a backlog of unprocessed 2019 paper tax returns, according to Erin Collins, the National Taxpayer Advocate. https://www.google.com/amp/s/amp.usatoday.com/amp/7344076002

When you come in on your birthday, we celebrate you! #happybirthdaytomyclient

Please be careful. If you are ever in doubt, please reach out to us first. Every year, the IRS compiles a list of common tax scams (the "dirty dozen") that taxpayers may encounter during the year. This year, the "dirty dozen" list focuses on scams that target individual taxpayers, with special emphasis on aggressive and evolving schemes related to COVID-19 tax relief, including the Economic Impact Payments (EIPs).

We will never forget.

The payroll tax deferral takes effect today, September 1st. What it really means for your paycheck... If you are able to opt out of the payroll tax deferral, we advise you to do so. This program is only a deferral! The payroll taxes that will not be deducted from your paycheck from Sept through December 2020, will need to be paid before April 2021. If you make the decision to not opt out and have the taxes deferred, we ask that you please plan accordingly. ... https://www.cnbc.com//the-payroll-tax-holiday-takes-effect

Please be careful. If you are ever in doubt, please reach out to us first. Every year, the IRS compiles a list of common tax scams (the "dirty dozen") that taxpayers may encounter during the year. This year, the "dirty dozen" list focuses on scams that target individual taxpayers, with special emphasis on aggressive and evolving schemes related to COVID-19 tax relief, including the Economic Impact Payments (EIPs).

A little April 15th humor. We hope everyone is safe, healthy and well!

Reminder: New July 15, 2020 tax day deadline grants taxpayers more time to file and pay federal income taxes. www.taxpayeradvocate.irs.gov/coronavirus

Dear Clients, ALERT: #IRS will not call to request any personal or financial information for you to get an economic impact payment. If you get such a call -- HANG UP. See official updates at https://t.co/ZjlX4Notg8 https://t.co/SrUzXJffln

Queridos Clientes, El IRS compartirá detalles sobre el pago de impacto económico tan pronto estén disponibles. El IRS no le llamará ni le enviará un correo electrónico solicitando información acerca de estos cheques. Esté alerta. Manténgase informado: https://t.co/BZvANkny0r https://t.co/ltSA5MZrFV

Dear Clients, Until further notice, our office will not be scheduling appointments. During these trying times, our office is available to our clients via teleconference, fax, email or mail from 10:00 a.m. to 5:00 p.m., Monday to Thursday. As always you can mail, fax or upload your tax documents to our portal. Question about how this delay will affect you, concerns or any other questions? Please feel free to contact our office virtually or via phone.... Stay healthy and be safe!

: Tax Day is now July 15th due to the coronavirus pandemic. All taxpayers and businesses will have this additional time to file and make payments without interest or penalties. The IRS is still accepting returns and processing refunds, and we are ready to help you get your returns completed now through in-house appointments, drop-off services, virtual expert tax prep or secure upload. Feel free to contact our office if you have any questions or concerns. Stay safe and be well!

Alert: The Treasury announces 90 day tax payment due extension for individuals and businesses. As of today, the April 15th FILING deadline still applies.

Treasury Announces Tax Payment Deferral Available Today, during the daily White House briefing on the coronavirus, the Secretary of the Treasury Mnuchin announc...ed that IRS payments can be deferred for 90 days interest and penalty free. He stressed that tax returns still be filed timely, especially if a refund is expected. File electronically and process through direct deposit for the most efficient way to receive the refund. Stay tuned for more information as it become available from the IRS and Congress. https://nstp.org/b/treasury-announces-tax-payment-deferral/ See more

Every once in a while I get clients that will ask me why their friend got such a big refund and they don't. Their friend will recommend for them to go to their "tax" person....sometimes things are just too good to be true! Please advise your friends that although the idea of getting a "big" refund sounds great, at the end of the day, if they don't legitimately deserve that refund, the IRS will eventually come knocking at their door wanting their money back. https://www.latimes.com//glendale-tax-preparer-arrested-on