Brauntax

Tax season is right around the corner. The IRS hasn’t officially announced when they will begin processing 2022 tax returns but my tax software says I can efile on January 23rd so I assume the IRS will begin close to that date. Our extended ours begin Saturday 21st. Please make an appointment for best service.

IRS just activated the portal to unenroll from the advanced child tax credit payments that are scheduled to begin on July 15th. Please be aware that if you are married then both spouses need to opt out separately. If only one spouse opts out then the other spouse will receive half of the advanced child tax credit. All this nonsense for something that will be around for just one year.

If you get a notice from The Illinois Department of Revenue please let us see it before you do anything. Due to Monroe County’s late property tax bills from over a year ago the Illinois Department of Revenue is denying property tax credits.

I don’t know if Braun Accounting would be considered an essential business but to someone who just lost their job or was laid off because of the current environment their tax refund would be essential to them. So we will keep going and be sure we complete all the returns that we have already received or have scheduled. We will be meeting clients at the door, accepting mailed in documents, and will work with clients through our online portal. Please be patient as we adjust to the new reality. Contact us with any questions.