JP’s Exceptional Business Services

02/02/2024

Many individuals may be undecided about whether to file a tax return if they have no dependents which would allow them to claim head of household, earned income credit, and/or child tax credit. The attached photo shows the filing status and income amounts that would REQUIRE a tax return to be filed. If your income does not meet the minimum amounts shown for your filing status and age, you are NOT REQUIRED to file a tax return unless you’re SELF-EMPLOYED and earned more than $400.
***If you have health insurance that was obtained via the Marketplace at healthcare.gov, you ARE REQUIRED to file a tax return.***

11/22/2023

Delayed form 1099-K reporting threshold for third party platform payments…

09/14/2023

To protect taxpayers from scams, IRS orders immediate stop to new Employee Retention Credit processing amid surge of questionable claims; concerns from tax pros, aggressive marketing to ineligible applicants highlights unacceptable risk to businesses and the tax system.

Info provided by IRS Newswire
Issue Number IR-2023-169

02/11/2023

Preorder today!! Support small businesses‼️

09/26/2022

Refunds and Stimulus payments are being sent out, but not all states are participating. Please review the article attached to see if your state is participating. Mississippi is NOT a participating state.

It's now fall, and numerous states are sending tax refunds and stimulus payments. Find out if yours is one of them.

01/12/2022

Are you prepared to file❓ IRS acceptance begins January 24. Contact JP’s Exceptional Business Services for your tax preparation needs.

IR-2022-08, January 10, 2022 — The IRS announced that the nation's tax season will start on Monday, January 24, 2022, when the tax agency will begin accepting and processing 2021 tax year returns.

01/07/2022

PTIN ✅
EFIN ✅
ERO ✅
DIRECT DEPOSIT OPTIONS ✅ (Even for those without checking accounts or debit cards)

01/07/2022

The IRS will begin accepting and processing returns between January 24-January 31.

Be prepared...

TIPS🚨🚨- Make sure that you have done all of the following 👇🏽👇🏽

**Ensured your employer, college/university, and/or Marketplace has your current mailing address for delivery of all tax forms (W-2, 1099, 1098-T, 1095-A, etc.)
**Completed change of address with your local post office.
**Ensured that your ID/License is current.
**Ensured that you have required documents for all dependents.
**Ensured that you have/know your prior year’s AGI and/or filing PIN if using new preparer.
**Ensured that you have correct direct deposit information.
**Ensured that you have confirmation letter for receipt of advance payments of CTC (Child Tax Credit)
**Ensured that you have confirmation letter for receipt of EIP (Economic Impact Payment)

Looking for excellent customer service, a preparer that pays attention to details, has access to updated tax software, is an active listener and critical thinker, and whose priorities are accuracy and confidentiality? Contact JP’s Exceptional Business Services‼️

12/24/2021

The deadline to apply for COVID EIDL is next Friday, December 31. Click the link for information you need to know.

This federal small business loan program supports small businesses’ recovery from the COVID-19 disaster’s economic impacts by providing accessible and borrower-friendly capital.

12/19/2021

Tax season is approaching. In need of a tax preparer? Feel free to reach out. Exceptional customer service is guaranteed!