Update:

IRS Delays

The IRS remains severely behind, with millions of returns still waiting to be processed. Unfortunately, this is expected to be a long-term issue that will continue into the 2021 filing season.

If you receive a notice from the IRS requesting information, it is vital that you respond promptly. Once received, it may take more than 120 days for the IRS to process the information that you provide.

If you are looking for more information on the status of your return or refund, you can try any of the following:

• Call the IRS "Where's my Refund" Hotline at 1-800-829-1954.
• Please be aware that if your return is not currently being processed by the IRS, then the representative you speak with may not provide any specific information to you.
• To check your refund status online, click here.

• Contact your local state representative: 
• From your state representative's website, select "Services" and "Help with a Federal Agency."
• Here is a link to the website for Elissa Slotkin - Michigan's 8th District Representative
• If you do not know your state representative, you can look the information up here.

• Contact your local Taxpayer Advocate:
• The Taxpayer Advocate in Michigan can be reached at 313-628-3670.
• For information on advocates in other states, click here.

With the ongoing issues at the IRS, it's more vital than ever that the information reported to the IRS is complete and accurate. As we approach another filing season, we are looking to adopt new practices to promote this goal. In 2021, the IRS launched a new system that allows taxpayers to access information online. Therefore, we are recommending that all of our clients create an account as a means to provide us with accurate information for 2021 tax returns. 

Here is what you'll have access to:

• Economic Impact Payment detail
• Record of estimated tax payments
• Amounts owed for past years
• Digital copies of IRS notices
• Payment plan details

Here is what you'll need to sign up:

• Email address
• Social Security Number (SSN) or Individual Tax Identification Number (ITIN)
• Tax filing status and mailing address**
• One financial account number linked to your name:
• Credit card
• Student loan
• Mortgage or home equity loan or
• Home equity line of credit (HELOC) or
• Auto loan
• Mobile phone linked to your name

For more information on creating an account, click here.

** Please note that if you're married filing jointly, both taxpayers need to create an account.

The new QuickBooks Desktop products are scheduled to be released by October 12, 2021. If you need to upgrade your subscription this year, here is what you should know:

• If you are currently using an older version of QuickBooks Desktop, we recommend upgrading to QuickBooks 2021 by December 10, 2021. One-time purchase licenses will not be available for QuickBooks 2022. If you upgrade to QuickBooks 2022, you will be forced into the annual subscription pricing. After 12/10, you will no longer be able to purchase older versions of the software, and you will be subject to the annual subscription fee.

• QuickBooks Pro Plus and Premier Plus are replacing QuickBooks Pro and QuickBooks Premier. These are available as subscriptions only, meaning there's an annual fee to maintain access to the software. 

• QuickBooks Desktop Mac Plus will be the only product available for Mac computers

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