Category Archives: News

Recent news and updates.

Holiday closings

The office is closed for Thanksgiving November 27-Dec 1, reopening Dec 2. Also we are closed for Christmas/New Year’s holidays from December 24 thru January 1, reopening January 2.

October 15 deadline

Extended hours, open 9-5 on October 10, 11, 14, and 15th. This is the last deadline for filing your Form 1040. Failure to file penalties will be assessed if you owe taxes and miss this deadline, even if you filed an extenstion.

Pouches mailed out for TY 2023

Our ever-popular clear plastic pouches were mailed out to clients December 29, 2023. Use this Tax Document Collection Pouch as a place to gather all your tax documents throughout tax season. These are sent bulk rate (rather than first class), so they sometimes can take a few weeks to arrive.

Rapid Refunds = Rip-Off

Avoid bank products like rapid or “instant” refunds. These are very costly and the cost is somewhat hidden.

They are costly because you aren’t really getting your refund, but a short term loan. These loans must go through a bank or other intermediary, and they charge a substantial fee. They have risk, because your refund may not be issued. If you owe back taxes, child support, or student loans, your refund will be taken to pay those debts. Or, your refund may be held up unexpectedly due to things beyond your control (e.g., identity theft, someone else claimed your dependent, etc). So the bank fees are substantial.

They are somewhat hidden, buried in your payment, and you might not realize it. If your refund was supposed to be $5400, and their fees are $400, you will only receive $5000. You may think a $5000 is great, and want it right now! But you just paid $400 to get your own money two weeks earlier.

Driver’s license info needed

Driver’s license information is now required for electronic tax return processing. Refunds may be delayed if the driver’s license information is not included. The intent is to help prevent fraudulent tax refunds from being issued.