December Newsletter
COVID-19 Tax Season Procedures
At this time, we will continue to keep our office doors locked as we move into the new year. When you are ready to provide us with your tax documentation, we ask that you use our drop box during office hours or upload your information to the client portal.

Additional updates on our COVID-19 procedures can be found on our website.
1040 Appointments
Appointments to discuss your 2020 personal tax return with Carrie will begin the week of January 24th. If you've had significant changes in 2020, please call our office to schedule an appointment. We will not be offering in person meetings at this time, but we are happy to do a phone call or Zoom meeting.
4th Quarter Estimates Are Due Soon!
4th quarter estimates are due on January 15th, 2021 for individuals.
Form 1099-NEC
(Non-Employee Compensation)
As an independent contractor, a freelancer or as a self employed person, in the past you have received a 1099-MISC from businesses to which you provided more than $600 in services. Starting with the 2020 tax filing season, you will be receiving Form 1099-NEC.

The new 1099-NEC will capture any payments to non-employee service providers, such as independent contractors, freelancers, vendors, consultants and other self-employed individuals (commonly referred to as 1099 workers).

According to the IRS, a combination of these four conditions distinguishes a reportable payment:
  • It is made to someone who is not your employee.
  • It is made for services in the course of your trade or business.
  • It was made to an individual, partnership, estate or in some cases a corporation.
  • Payments were $600 or more for the calendar year.

If you need our office to prepare 2020 1099-NECs, please provide the required information no later than January 18th, 2021.
COVID Text Scam

The IRS is warning people to be aware of a new text message scam. The goal is to trick people into revealing bank account information.
Here’s how this scam works:
A text message is sent stating that the recipient has “received a direct deposit of $1,200 from COVID-19 TREAS FUND. Further action is required to accept this payment… Continue here to accept this payment …" The text includes a link to a phishing web address that looks like IRS.gov Get My Payment website. Any information entered into this fake website is collected by the scammers.

Here’s what people should do if they receive this message:
The IRS is requesting that anyone who receives this scam text take a screenshot and include the screenshot in an email to phishing@irs.gov with the following information:
  • Date/time/time zone that they received the text message
  • The phone number that received the text message
Merry Christmas!

The staff here at Jellison CPA wishes you a Merry Christmas and a Happy New Year!
Office Hours
The office will be closed on:
Thursday, December 24th
Friday, December 25th
Thursday, December 31st
Friday, January 1st
December 2020:
Monday through Friday
9 a.m. to 4 p.m.
Beginning January 4th, 2021:
Monday through Friday
9 a.m. to 5 p.m.