Jackson Graham, CPA

Hello everyone!

A few 2020 tax season updates for you:

-I can begin filing your tax returns on February 12th. This is later than usual as the IRS needs extra time to adjust for the items related to the Coronavirus Relief Act.

-If you were claimed by someone else in 2019 but lived independently in 2020 and did not receive any stimulus checks, you may now be eligible to receive those funds on your tax return.

-The IRS has released new guidance on charitable giving. If you do not itemize deductions, you are now able to take a special deduction for giving up to $300 to a qualified charity.

-If you would like some assistance gathering all of your tax documents, I would happy to send an organizer pamphlet to you (paper or electronic). Please send me an email at [email protected].

Lastly, in an effort to keep everyone safe, I will not be taking any in-person appointments this year. You can drop off your tax documents in person or take advantage of my secure document portal. We can also meet over Zoom - whatever works best for you!

I look forward to working with all of you soon.

Jackson

Contributing to an IRA could be a great strategy to reducing your tax bill this year. Contributions for the 2019 tax year can be made through April 15th, 2020.

4 Tips for Opening an IRA Before the Tax Deadline - SmartAsset Opening an IRA before the tax deadline can allow you to deduct up to $6,000 of income for the 2020 tax year. Here's what you need to know...

Good morning friends and family,

This year I have been preparing tax returns during evenings/weekends and I would love to do many more before the big April 15th deadline. I bring to the table five years of tax accounting experience and fair prices. If you have a side business like me and want to maximize strategies to reduce your tax or just want to feel comfortable that you have submitted a correct return, please reach out for a quote.

Shares are always appreciated.

Thanks,

Jackson