The Five Pillars Tax Services Ltd.

2022 hasn’t started yet, and the IRS already has problems.

'The IRS is in crisis.' Taxpayer advocate warns of 2022 refund delays

'The IRS is in crisis.' Here's what to know as taxpayer advocate warns of potential for refund delays in 2022 "I am deeply concerned about the upcoming filing season,” National Taxpayer Advocate Erin M. Collins said in a report.

House set to approve Biden’s $1.9 trillion stimulus plan, send it to the Senate

House set to approve Biden’s $1.9 trillion stimulus package, send bill to the Senate Democrats are trying to pass the $1.9 trillion relief bill, which includes direct payments and unemployment benefits, by March 14.

$1,400 stimulus checks could be coming. Here's how soon they could arrive

New $1,400 stimulus checks could be coming. What we know about how soon they may arrive A new coronavirus relief bill is weaving its way through Congress. It will likely include new stimulus checks for millions of Americans.

New child tax credit could add up to more than the $1,400 stimulus checks

New child tax credit proposals could give families more money than the $1,400 stimulus checks Democrats want to expand child tax credits to give families more money to weather the pandemic. Those payments could be monthly instead of one lump sum.

House advances $1,400 payments, unemployment boost as part of Covid relief plan

House advances $1,400 payments, unemployment boost as part of Covid relief plan House Democrats hope to pass their $1.9 trillion coronavirus relief plan this month and have it signed into law before mid-March.

Will the stimulus check affect my taxable income? Here's what the IRS says

Get ready for tax season: How your stimulus check will be categorized with the IRS Millions are still waiting for a first or second stimulus check, while the Senate negotiates a third. Here's why the IRS does not consider stimulus checks to be taxable income.

This year the IRS decided to start the tax season on February 12, 2021. We will start processing personal taxes by the end of January and have all of the returns ready for submission by the end of January 2021. Call and make and appointment to have your tax returns done right and accurate by us.

White House considers tax incentive for more Americans to buy stocks

White House considering tax incentive for more Americans to buy stocks, sources say The proposal would be part of a new batch of proposed tax cuts.

I want to thank everyone that supported us this tax season. Know that your business means a lot to us, and that we are always here to help you on your tax issues throughout the year.

Also stay tuned for our yearly raffle that we do yearly. The raffle drawing will be around the end of May.

April 15 it’s right around the corner. Don’t forget to get your taxes or your extensions done.

https://money.usnews.com/money/personal-finance/taxes/articles/tax-deductions-that-disappeared-this-year

12 Tax Deductions That Disappeared This Year You won't be able to take advantage of these now-extinct tax breaks under the new tax code.