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I continue to emphasize this to taxpayers! If the tax preparer is engaging in illegal activities to secure a larger refund, review page 2 of the 1040 to verify if their firm’s name appears on the return. If not, the taxpayer will bear responsibility for the fraudulent return, not the preparer.

I keep expressing this to taxpayers! If the tax preparer is doing something illegal to get a bigger refund, check page 2 of the 1040 and see if their firm’s name is on the return. If not the taxpayer will be responsible for the fraudulent return and not the preparer.

Most Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC) related refunds should be available in bank accounts or on debit cards by Feb. 27.

The last day for employers to issue/mail W-2 and 1099 is January 31, 2024.


angelicafloydtaxservice.com

The IRS will start accepting and processing 2023 tax returns tomorrow January 29th!

Important Information and forms on website for your profession . Go to resources and scroll down. angelicafloydtaxservice.com

Here is the link to see if the 2023 Child Tax Credit will pass.

H.R.7024 - 118th Congress (2023-2024): Tax Relief for American Families and Workers Act of 2024 Summary of H.R.7024 - 118th Congress (2023-2024): Tax Relief for American Families and Workers Act of 2024

The IRS expects more than 128.7 million individual tax returns to be filed by the April 15, 2024, tax deadline.

The Internal Revenue Service delayed the new $600 Form 1099-K reporting threshold requirement for third party payment organizations for tax year 2023 and is planning a threshold of $5,000 for 2024 to phase in the new law.

➡️Offset Line 1-800-304-3107 (Find out if you owe any federal or state agencies).

If your business need 1099 or W-2 prepared call Angelica Floyd at 337-764-2247. The deadline for all W-2 and 1099 is January 31,2024.

It’s the 16th of January, which means the deadline for filing your 1099 and W-2 forms is less than two weeks away. You must distribute 1099-NEC (non-employee compensation) and W-2 forms to recipients and employees by January 31, 2024. Call Angelica Floyd 337-764-2247 to prepare your 1099 and/or W-2 forms.