2021 Tax Season Rundown
It's the most wonderful time of the year! 2021 has been anything but ordinary and we are doing our best here to keep everyone up to date with everything that's been going on during this tumultuous time.
Frequently Asked Questions
Has the IRS tax season started yet?
Yes. This year start date of the filing season, when the IRS begins to accept and process returns, was January 24. We were able to submit returns on that date.
How long does it take for my Tax Return to be Filed?
We prepare and file returns in the order in which we receive them. It can vary drastically from a few days to a few weeks depending on how busy we are and how many other clients have submitted their paperwork. You can always call for a status update.
How long Until I Get My Refund?
Obviously this depends on several factors I put together an entire post dedicated to this with charts and estimated dates based on various situations. Click Here To Read More
The Internal Revenue Service said that it will begin accepting 2021 individual income tax returns on Jan. 24 – and administration officials are already warning of a "frustrating" season for taxpayers as the agency grapples with a backlog of returns from previous years.
The difficulty this season stems from a massive backlog of paper returns:
The IRS usually enters the tax-filing season with fewer than 1 million remaining items to address, but due to the pandemic and related disruptions, it has a much more severe accumulation of paperwork this year.
Treasury officials did not provide an exact figure, but suggested that it was several times more than 1 million.
Are You Still Taking Appointments?
Yes. We still take in-person and virtual appointments. It is the client's preference, we will accommodate anyway we can.
You can book an appointment anytime Click Here
*Please Note* Scott will not be taking any additional personal tax appointments from March 1 - March 15th 2022 to provide our business customers with the attention and service they require as we are approaching the corporate deadline. Availability will be updated on the booking calendar.
You may still drop off or submit documents and we are still working on personal returns during this time.
How Do I Get into the Que?
As soon as we have the documents or you have had an appointment, you will be added into the system. Returns are prepared in the order we receive them.
How Do I Get My Documents to You?
You may drop off your documents in person Monday - Saturday 10:00am - 5:00pm at the front desk.
You can mail your documents to us at:
Trout, James & Associates, PC 168 W Ridge Pike Suite 125 Limerick, Pa 19468
You can also upload your documents at anytime 24/7 on The Client Portal. As soon as we receive notice of the upload your return will be logged into the que.
If you are an existing client and have not registered for the Client Portal you can Click Here To Register.
If you are a New Client you can Book an Initial Appointment or Contact Us to get started.
Are things back to "Normal"?
This is shaping up as another challenging tax return season for taxpayers and tax return preparers alike. Plus, drums are beating louder in Washington for tax increases that might be enacted before the end of the year. Don’t think that things are back to “normal” quite yet.
Why did The IRS Change the April 15th Deadline?
Emancipation Day is recognized on April 16 each year by the city of Washington, D.C. When the date falls on a Saturday, it is recognized on Friday, and city and federal offices close. When the day falls on a Sunday, the holiday is recognized on the Monday after.
In 2022, April 16 falls on a Saturday, so IRS and other offices will be closed on Friday, April 15.
As a result, the federal deadline for reporting income tax will be April 18, 2022.
Emancipation Day has been recognized by D.C. since 2005, and recognizes President Abraham Lincoln's signing of the District of Columbia Compensated Emancipation Act in 1862. The act set free 3,000 slaves in the capital. Read More
What If You Can't File Your Income Taxes By April 18?
Taxpayers who don't have all of the paperwork needed in order to file their taxes can easily file an extension form, "Form 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return." - This will give the taxpayer until October 15 to file their tax return. No reason or excuse is needed to receive this extension, and as the title states, it is automatically granted.
However, if a person will owe taxes, it is still their obligation to pay those taxes by April 18, even if they have requested an extension to file. A professional can assist with this. Those who are due a refund generally only need to file the extension request by April 18. Any tax professional and most do-it-yourself tax programs can perform this task.
What about Individual States' tax season?
Since we service clients from across the united states, we can answer you specifically if you contact us. All the information is available online/ It is important to check your individual state. As with federal returns, the normal state filing deadline is April 18, with automatic six-month extensions available.
As in years past, the department is encouraging electronic filing of returns, especially for people seeking quick processing and refund payments. Last year, about 90% of tax returns were filed electronically.
If you file electronically, "you can look for your refund within a couple weeks of the return acceptance," the department said. "If you file a paper return, you can anticipate your refund within 6-8 weeks of the date you filed."
However, refunds flagged for accuracy, fraud or identity theft concerns can take longer.
2021 Tax Season Important Information
If you have any additional questions Click Here to Contact Us