Offices in Kenosha and Oconomowoc. Clients all around the world.
The IRS is SWAMPED. Link for more information https://www.forbes.com/advisor/taxes/why-is-my-refund-taking-so-long/
It's complicated...Link for detailed information
Advanced Child Tax Credit (ACTC).
i. Single filers start phasing out at $75,000 AGI
ii. Head of Household filers start phasing out at $112,500 AGI
iii. Married Filing Jointly filers start phasing out at $150,000 AGI
i. Single and Head of Household filers will begin phasing out at $200,000 AGI
ii. Married Filing Jointly filers will begin phasing out at $400,000 AGI
For more information, please follow this link: https://www.irs.gov/credits-deductions/advance-child-tax-credit-payments-in-2021
For online tool links, please follow this link: https://www.irs.gov/pub/irs-pdf/p5534e.pdf
This year we will be using Tax Dome for our 1040 Individual Tax clients. You can access it here:
All documents for 1040 (individual) tax returns MUST be submitted no later than March 28, 2022
We will not offer in person tax appointments this year.
If the pandemic taught us anything it's flexibility, right?
Send us your info via Tax Dome - you should have received an email linking you to your portal. https://scottolsoncpa.taxdome.com/
OR you may drop off information if you prefer!
We will contact you via phone or email to review your return.
If you received a Child Tax Credit or Stimulus payment in 2021 you are REQUIRED to provide us forms 6419 (there may be more than one!) and 6475. The IRS mailed these to you in January 2022
Send your questions with your documents!
PLEASE please please, make sure we have your questions in advance of preparing your return :)
When your return is final, you will need to come into the office to sign form 8879, and provide payment. Don't forget our 7th annual FOOD DRIVE for the Salvation Army!
If you prefer an e-sign or e-payment method, please contact the office