Hello. Have you filed your taxes yet???

The 2019 deadline to file and PAY your taxes is days away!!!  July 15th to be exact. I still have space to take a few more tax returns, but You CAN request an extension to FILE your taxes, but there is no extension to PAY any taxes owed. To avoid penalties and fines you must […]

Tax Extension Due to COVID19 – Is a PAYMENTS Extension Not a FILING Extension

I hope you are staying safe during these unprecedented times of the COVID-19 Coronavirus shelter-in-place mandate. Many of you may have heard the Trump Administration’s announcement concerning tax payment extensions. What this means is if you OWE IRS taxes on your 2019 income, that payment date is postponed from April 15, 2020, to July 15, […]

High-Income Late Tax Filers – The IRS is Coming

According to IRS, they’ve hired some more agents so they can come get’cha.  IRS Newsroom publication IR-2020-34 published  February 19, 2020 says this: “Following the recent and ongoing hiring of additional enforcement personnel, IRS revenue officers across the country will increase face-to-face visits with high-income taxpayers who haven’t filed tax returns in 2018 or previous […]

It’s Tax Time – What Do I Need???

The 2019 Tax Season officially began on January 27th . So if you haven’t started getting ready for it… IT’S TIME! Here are the things you may need to gather so you’ll be ready for tax preparation services: IF you worked, received social security or retirement income, received a settlement payment, received Unemployment Insurance payments, […]

MyWalkTax – 2019 Tax Filing Season Update

Hello Clients and Friends: The 2018 Tax Season officially began January 28th. I am ready to serve your tax preparation needs, so you may start sending your documents over at any time. Please take a moment to read the details below. Getting Your Documents To Me, Drop-Offs and Appointments CURRENT CLIENTS: In order to meet […]

It’s Tax Time – What Do I Need?

You only do it once a year, so it can be difficult to remember what documents are needed.   If I’m your tax preparer, start with this one 2016 Client Tax Questionnaire Client Tax Questionnaire, and provide a copy of your social security card and your state issued identification. Next, do the following: FIRST – — Verify the […]

When is the Soonest I Can Get My Taxes Prepared in 2014?

The 2014 tax season officially begins on January 31, 2014. That is the soonest you can get your taxes prepared IF you have all of your W-2, 1099 and other tax forms in your possession.  A few years ago we saw a trend where tax preparers would prepare and e-file a client’s tax return using […]

2013 Tax Season – Income Tax Preparation by Michelle Walker-Wade

This year’s tax season is off to a late start, with the IRS not opening until January 30th, and other regulatory agencies adding more requirements and deadlines to the tax preparers. Having said that, I will begin seeing clients in February, but may not be able to offer certain services until closer March. Know that […]

Tax Fraud – The IRS is Actively Going After Preparers AND Their Clients

I have a few clients who propose illegal ways to decrease their tax debt to me; some do so knowingly and others unknowingly.  It’s my responsibility to keep us both on the right side of the tax law and out of trouble with the IRS. I do this to the best of my ability and […]