Judy Moncrief CPA LLC

COVID Tax Tip 2022-03: IRS sending information letters to recipients of advance child tax credit payments and third Economic Impact Payments COVID Tax Tip 2022-03: IRS sending information letters to recipients of advance child tax credit payments and third Economic Impact Payments Internal Revenue Service (IRS) sent this bulletin at 01/05/2022 09:02 AM EST IRS Tax Tips January 5, 2022 Useful Links: IRS.gov Help For Hurricane Victims News...

IRS announces tax relief for Louisiana severe winter storm victims | Internal Revenue Service LA-2021-02, March 10, 2021 — Victims of Winter Storms that occurred February 11-19, 2021 now have until June 15, 2021, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today.

Hello dear friends...
Due to the current situation with the crisis, we are working from our homes until further notice.
Thank you clients for your continued support. Praying for all of us.

AICPA-led coalition calls for small business funding An AICPA-led coalition is urging quick government action to avert layoffs and allow small businesses affected by the coronavirus pandemic to continue paying workers. A key step is a federal payroll funding account that small business payroll processors could use to get money directly to employees.

Tax filing deadline moving to July 15, Treasury secretary announces Treasury Secretary Steven Mnuchin announced that taxpayers will have until July 15 to file their tax returns, a change from the guidance announced by the IRS earlier.

Payment Deadline Extended to July 15, 2020 | Internal Revenue Service March 18, 2020 - The Treasury Department and the Internal Revenue Service are providing special payment relief to individuals and businesses in response to the COVID-19 Outbreak.

IRS sets start date for tax season, will issue refunds during government shutdown The IRS announced Monday evening that tax season will start in late January and that it will issue refunds to taxpayers despite the partial shutdown of the federal government.

What to expect from the IRS during the government shutdown The shutdown of the federal government comes just nine days before the scheduled start of tax season. Here’s a look at how the IRS may be affected.

IR-2018-1: 2018 Tax Filing Season Begins Jan. 29, Tax Returns Due April 17; Help Available for Taxpayers WASHINGTON ― The Internal Revenue Service announced today that the nation’s tax season will begin Monday, Jan. 29, 2018 and reminded taxpayers claiming certain tax credits that refunds won’t be available before late February.

IRS Advisory Prepaid Real Property Taxes May Be Deductible in 2017 if Assessed and Paid in 2017 | Internal Revenue Service IR-2017-210, Dec. 27, 2017 - The Internal Revenue Service advised tax professionals and taxpayers today that pre-paying 2018 state and local real property taxes in 2017 may be tax deductible under certain circumstances.