Tax Office PA, Inc.
Your All-In-One
Tax Destination
From local Tri-State returns to multi-state filings, our seasoned team ensures prompt, precise, and personalized care. We stay up to date on ever-changing regulations so you can focus on what matters most. Trust our experts to keep your finances on track year-round.
Our Exclusive Services We Offer For You
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Financial Planning
We take a look at either your business or personal goals needed to achieve your financial objective in a reasonable time frame.
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Complete Payroll
We have tax services experts who are up-to-date on tax rates, compliance issues, and government regulations so you don’t have to. Our expertise truly makes payday easy for you.
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Business Income Tax Preparation
Your business tax return will be checked and rechecked by our professional software identifying potential problems the IRS may look at more closely and reviewing the math to limit IRS contacts.
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Personal Income Tax Preparation
Your personal tax return will be checked and rechecked by our professional software identifying potential problems the IRS may look at more closely and reviewing the math to limit IRS contacts.
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Bookkeeping
We provide bookkeeping services using Quickbooks & Sage 50 software applications. Every financial quarter, our customers receive profit and loss statement with a balance sheet.
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Business Formation
We are dedicated to helping you start your business as quickly and easily as possible. We help you with everything required to start your business in any State.
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Accounting Software Support
We help you use your accounting software to set up all necessary Chart of Accounts (COA) for your business needs.
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Virtual Support
For the safety of our customers we provide you the ability to connect with us virtually for any of our services.
Quality Services That Doesn't Keep You In The Dark
“In our office, we practice transparency. We don’t just provide you with the outcome. We are open to any questions that may arise during our services that you may have.”
Federal, State, and Local Tax Information and News
IRS announces special payments going this month to 1 million taxpayers who did not claim 2021 Recovery Rebate Credit; encourages non-filers about approaching deadline to claim credits
Article Source: IRS.gov
WASHINGTON — As part of continuing efforts to help taxpayers, the Internal Revenue Service today announced plans to issue automatic payments later this month to eligible people who did not claim the Recovery Rebate Credit on their 2021 tax returns.
The IRS announced the special step after reviewing internal data showing many eligible taxpayers who filed a return but did not claim the credit. The Recovery Rebate Credit is a refundable credit for individuals who did not receive one or more Economic Impact Payments (EIP), also known as stimulus payments.
No action is needed for eligible taxpayers to receive these payments, which will go out automatically in December and should arrive in most cases by late January 2025. The payments will be automatically direct deposited or sent by paper check; eligible taxpayers will also receive a separate letter notifying them of the payment.
“The IRS continues to work hard to make improvements and help taxpayers,” said IRS Commissioner Danny Werfel. “These payments are an example of our commitment to go the extra mile for taxpayers. Looking at our internal data, we realized that one million taxpayers overlooked claiming this complex credit when they were actually eligible. To minimize headaches and get this money to eligible taxpayers, we’re making these payments automatic, meaning these people will not be required to go through the extensive process of filing an amended return to receive it.”
The payments vary depending on several factors, but the maximum payment is $1,400 per individual. The estimated amount of payments going out will be about $2.4 billion.
The IRS also reminded taxpayers who haven’t filed 2021 tax returns they might be eligible as well, but they face an April 15, 2025, deadline to file their returns to claim the credit and any other refund they might be owed.
