Jaxx Taxes

Thank God for Lebron and his giving heart.

Thank you Mr. James 🖤

The paperless processing initiative will eliminate up to 200 million pieces of paper annually. For filing season 2024, 94% of taxpayers will no longer need to mail key items. By filing season 2025, the IRS will digitally process tax returns, including paper-filed tax and information returns. This will cut paper processing times in half and help speed refunds.

For more details, visit https://ow.ly/4vql50PutvO

is continuing to open walk-in offices across the country. Thirty-five Taxpayer Assistance Centers have opened or reopened following Inflation Reduction Act funding. Read: https://ow.ly/nNcy50PmMPI

School’s almost out for summer. If you plan to send your child to a day camp or another childcare arrangement while you work, look for work or attend school, you may qualify for an tax credit.

See if you qualify for the Child and Dependent Care Credit: www.irs.gov/dependentcare

Missed the April 18 filing deadline? File now to limit penalties and interest | Internal Revenue Service IR-2023-89, April 19, 2023 — The IRS today urged taxpayers who missed Tuesday’s April 18 tax-filing deadline to file as soon as possible. Taxpayers who owe and missed the deadline without requesting an extension should file quickly to limit penalties and interest.

For all of you turbo tax filers that live in the state of Ohio. You still need to file your city taxes.

Looking for your refund.

Earn income from on-demand work through an app or website? If so, you may be part or the gig or sharing economy. An reminder that you must report income earned from gig work even if it’s part-time or a side gig. This income must also be reported even if it was not reported on an information return such as Forms W-2 or other statements.

To learn how to manage taxes for your gig work visit: www.irs.gov/gig