The 2023 tax season is underway, with January 29th as the opening day for IRS E-File. As in past years, however, we will not be preparing 2023 tax returns until the week of February 12th to provide for last-minute updates to our tax prep software, and for any issues that often occur when E-File first opens to be resolved. This will minimize errors and the need to file amended tax returns.
The IRS Tax Preparation Review Sheet below can be used to prepare for filing your 2023 Federal Income Tax Return in order to ensure you have all the necessary items. If you are sending information electronically, please do not send private or sensitive information via unencrypted email. To send sensitive information electronically, request a secure, encrypted email option from your tax preparer. Also below is a 7-page generic tax organizer to make organizing your tax information a little easier.
If you operate a LLC, corporation, DBA or other entity in the United States, you are now required to file a "Beneficial Ownership Information" or BOI Report with the Financial Crimes Enforcement Network or FinCEN. Failure to do so by the end of 2024 could subject you to a daily fine of $500! Certain organizations are exempt, so please check the details with FinCEN using the "Learn More" link below.
Our office is open for in-person appointments. If you prefer, we can prepare your tax return and communicate remotely (existing clients only) if you schedule to drop off your tax documents to our lockbox and/or arrange with our staff to receive your documents electronically. Just let us know how you wish to proceed. Please see below for updates to our health policy:
We remain dedicated to your needs, so please reach out with any questions or concerns. Thank you for your trust!