Record's Accounting & Tax Service

THE IRS HAS EXTENDED THEIR FILING SEASON TO APRIL 18, 2011, BUT IF YOU OWE MONEY YOU MUST PAY YOUR TAXES  BY APRIL 15, 2011, OTHERWISE YOU WILL BE CHARGED INTEREST AND PENALTIES.

We will start to file Schedule A, clients on February 14, 2011. As we were informed in January, the IRS was not clear when the filing season starts for Schedule A Clients. We are glad that the difficulties have been resolved.

Well, I just finished a class with the IRS and we now know that clients who will use the Schedule A ( idemized deduction will have to wait until mid to end of February to file their taxes. This will create a stressful filing season, so make sure you got your paperwork ready to go, when the IRS is ready to process this returns.

Ready, set, go!

It is time again to dig through the jungle of your finances. Be prepared when you are getting ready to visist with your accountant. Remember this: organize your receipts, you will save a lot of money by getting things in order prior to your appointment. I set myself the goal to keep up this blog to inform as the tax season is progressing. Just feel free to contact me.