Author Archives: Admin

Important Documents to Bring

Posted on January 24, 2022 by Admin

Tax Document Checklist W-2: If you work for an employer you will receive a W-2 showing wages earned and other deductions. 1099-NEC: If you were a Freelancer/Gig Worker/Contractor, you should receive a 1099-NEC with the amount that will be reported … Continue reading →

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IRS to Start Accepting Returns on January 24th, 2022

Posted on January 10, 2022 by Admin

WASHINGTON − The Internal Revenue Service announced that the nation’s tax season will start on Monday, Jan. 24, 2022, when the tax agency will begin accepting and processing 2021 tax year returns.The January 24 start date for individual tax return … Continue reading →

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IRS reminds taxpayers they have to report any income from criminal activity, like dealing drugs

Posted on January 2, 2022 by Admin

The IRS doesn’t want you to forget to include income from dealing illegal drugs or stolen property on your tax forms this year. “Income from illegal activities, such as money from dealing illegal drugs, must be included in your income … Continue reading →

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IRS Pushes April 15th Tax Deadline to May 15th.

Posted on March 17, 2021 by Admin

IRS is planning to set back the Tax deadline by 1 month this year.

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New IRS form available for self-employed individuals to claim COVID-19 sick and family leave tax credits under FFCRA

Posted on February 8, 2021 by Admin

WASHINGTON – The Internal Revenue Service announced today that a new form is available for eligible self-employed individuals to claim sick and family leave tax credits under the Families First Coronavirus Response Act (FFCRA). Eligible self-employed individuals will determine their … Continue reading →

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The Corona Virus has totally changed how we live our lives and do business.  Our firm has been servicing our customers remotely since April 4th of 2020, this year we plan to see clients by appointment only.  This will greatly … Continue reading →

Posted on February 4, 2021 by Admin | Leave a comment

IRS launches new tool to help non-filers register for Economic Impact Payments

Posted on February 1, 2021 by Admin

IRS.gov feature helps people who normally don’t file get payments; second tool next week provides taxpayers with payment delivery date and provide direct deposit information WASHINGTON – To help millions of people, the Treasury Department and the Internal Revenue Service … Continue reading →

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Attention NJ Veterans

Posted on February 1, 2021 by Admin

You may qualify for an Exemption Qualification: •Must be Honorably Discharged. •Active Service in Military, Reserves or National Guard. Please have the following: •Veteran Exemption Submission Form (Available Online). •Form DD-214 or DD-256. •Driver’s License with Veteran Status. •Any Documentation … Continue reading →

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ETS is now an IRS Certified Acceptance Agent

Posted on February 1, 2021 by Admin

What does that mean? We have worked with the IRS and taken forensic training to be able to provide our clients with a quick ITIN Application Process. We are one of a few agencies in the state of NJ that … Continue reading →

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Tax Preparers Face Penalties on EITC Returns

Posted on February 1, 2021 by Admin

IRS to Penalize Preparers for Failure to Attach Form 8867 For tax year 2012, IRS is sending notice of penalty letters to nearly 800 preparers who received the warning Letter 4989 and continued to submit EITC claims without the Form … Continue reading →

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