PopkinCPA and your taxes
In a January 2022 report to Congress the IRS Taxpayer Advocate predicted the 2022 (2021 returns) tax filing season would be filled with logjams and refund delays similar to last year. At the end of 2021, the IRS had yet to process six million 2020 original individual returns plus another 2.3 million amended returns. That means many Americans expecting refunds were still waiting for their 2020 refunds at the start of 2022.
The 2021 income tax filing deadline is Monday, April 18, 2022. Taxpayers who live in Massachusetts have until April 19th due to the Patriot’s Day holiday.
Our 2021 Tax organizers went out the 3rd week in January. By mid-February, taxpayers should receive most if not all of their 2021 tax data. Returning your tax information early ensures the completion of a timely and accurate return.
This year we will deliver completed returns to clients digitally; this increases the ease of storage and retrieval. We also plan to obtain taxpayer signatures online. Hard copies of returns will be provided upon request.
We are available by telephone, zoom and email. Documents can be exchanged through our file share technology, mailed or dropped through the mail slot in the door to our office suite.
To share documents securely click: PopkinCPAsecure
January 31, 2022
ABOUT POPKIN CPA
Popkin CPA is a Lexington, Massachusetts-based firm working with clients around the globe. Since its founding in 1991, the firm’s focus has been on comprehensive tax planning including the monitoring of existing and proposed tax legislation, enabling their clients to take advantage of unique opportunities arising from the ever-changing tax landscape.
In addition, Popkin CPA works with small businesses from start-up through growth & expansion to transition. We can help at every stage, advising on business formation, consulting on operating efficiencies and counseling on optimization of enterprise value.