Shirley's Tax Service

Shirley's Tax Service

Comments

I’ll be at Shirleys on Jenny Lind today from 12pm to 5pm. Call 479-785-5140 for appointment or just swing by.
Please remember to vote for Shirley's!
Is there any way you can help me since you filed my tax return $400 short and made me appear ineligible for the stimulus package this year even though I'm not?
I just went online to check the status of my check....the IRS updated the info for my check to go into yalls Meta bank account again for the 24th! So how do we fix this so it don't happen again?! Another friend of mine says hers says the same thing as well.
Do you know when they are going to send out checks yet since the irs missed up on our stimulus checks
If you did not get direct deposit of your tax return for 2018 or 2019 either due to owing taxes, or doing the fast refund, there is a portal called GET MY PAYMENT on the IRS.GOV website to enter your information to have your stimulus check deposited instead of mailed. Be sure to go directly to the IRS website and not any other links!! Shirley's Tax Service can help you get this done if you have already filed with us!!!!
I saw this over the weekend and think it applies to a lot of people! Let Shirley's Tax Service make the process easier for you! All 5 offices have capable, knowledgeable preparers to help you out so you won't be like this little guy!🙂
https://youtu.be/_ucypR3wI_s (borrowed from another post)

Shirley's Tax Service can help take away the stress of tax time! Come see us at any of our 5 locations!
A very happy man at Shirley's Tax Service today! The IRS wanted to keep it all, but with our assistance he was able to get his full refund plus interest!
More money going out in Greenwood bright and early! 💲💲
One more happy client!
In just 2 days, the Greenwood office has passed out $30,464 in refund checks!!! Are you waiting to get your taxes done? Come in and let us get them processed for you! If you are in the Greenwood area, we are easy access on Center Street (10 spur). 479-322-5105 Drop off service is available if you don't want to wait!

Shirley's Tax Service has been offering fast friendly service to the River Valley for over 40 years. We can prepare your personal and business tax returns along with all 50 states!

We also offer bookkeeping, business setup, sales tax & payroll services!! Hours may vary at our four different locations. We have Saturday hours and will make appointments for before and after normal hours as needed. Call 479 922-1040 to check hours and make appointments.

Operating as usual

Timeline Photos 05/13/2021

IRS Online Account – Did You Know?

All taxpayers who can properly verify their identity may set up a personal IRS online account. To create an account, simply visit the IRS View Your Account Information webpage (link below). Maintaining an online account can help you prepare for your federal tax returns, view payment history, see select IRS notices and stay on track with your tax planning and budgeting throughout the year.

Setting up an online account will be particularly helpful if you are eligible to claim the Recovery Rebate Credit for 2020. The IRS offers this credit to those who qualified for Economic Impact Payments (EIPs, also called stimulus payments) in 2020, but received either no payments or smaller payments than they deserved. To apply for the credit, you need to know the amounts of any EIPs you received. Your IRS online account will display this information.

Other information available from your online account includes any balance you owe to the IRS, your payment history (including pending payments), and digital copies of IRS notices you have received. You can also get key information from your most recent tax return, which you may need in order to get your 2020 return filed or determine your eligibility for certain credits and other programs. For detailed information from your past tax returns, you can request a transcript.

To set up your account, you will need to go through an identity verification process. Once you have gathered the required documents, registration typically takes about 15 minutes.

IRS View Your Account Portal: https://www.irs.gov/payments/view-your-tax-account.

If your 2020 federal tax return is already filed, you may check on your refund status here: https://www.irs.gov/refunds.

IRS Online Account – Did You Know?

All taxpayers who can properly verify their identity may set up a personal IRS online account. To create an account, simply visit the IRS View Your Account Information webpage (link below). Maintaining an online account can help you prepare for your federal tax returns, view payment history, see select IRS notices and stay on track with your tax planning and budgeting throughout the year.

Setting up an online account will be particularly helpful if you are eligible to claim the Recovery Rebate Credit for 2020. The IRS offers this credit to those who qualified for Economic Impact Payments (EIPs, also called stimulus payments) in 2020, but received either no payments or smaller payments than they deserved. To apply for the credit, you need to know the amounts of any EIPs you received. Your IRS online account will display this information.

Other information available from your online account includes any balance you owe to the IRS, your payment history (including pending payments), and digital copies of IRS notices you have received. You can also get key information from your most recent tax return, which you may need in order to get your 2020 return filed or determine your eligibility for certain credits and other programs. For detailed information from your past tax returns, you can request a transcript.

To set up your account, you will need to go through an identity verification process. Once you have gathered the required documents, registration typically takes about 15 minutes.

IRS View Your Account Portal: https://www.irs.gov/payments/view-your-tax-account.

If your 2020 federal tax return is already filed, you may check on your refund status here: https://www.irs.gov/refunds.

Timeline Photos 05/11/2021

Protecting Against Tax Fraud - Did You Know?

The IRS will never:

- Call to demand immediate payment using a specific payment method such as a prepaid debit card, gift card, or wire transfer
- Demand that you pay the taxes without the opportunity to question or appeal the amount owed
- Threaten to bring in local police, immigration officers or other law enforcement officers

If an IRS agent shows up, they will always provide two forms of official credentials: a pocket commission and a government identification card.

The IRS may also assign certain cases to private debt collectors, but only after giving you written notice. Any payment to the private debt collectors should be made payable to the U.S Treasury.

Protecting Against Tax Fraud - Did You Know?

The IRS will never:

- Call to demand immediate payment using a specific payment method such as a prepaid debit card, gift card, or wire transfer
- Demand that you pay the taxes without the opportunity to question or appeal the amount owed
- Threaten to bring in local police, immigration officers or other law enforcement officers

If an IRS agent shows up, they will always provide two forms of official credentials: a pocket commission and a government identification card.

The IRS may also assign certain cases to private debt collectors, but only after giving you written notice. Any payment to the private debt collectors should be made payable to the U.S Treasury.

Timeline Photos 05/05/2021

May 17 IRS Deadline – Pay and/or File Now to Avoid Penalties

The IRS has extended this year's deadline to May 17, 2021 for federal tax returns that were originally due on April 15. If you have not yet filed your 2020 tax return you should make every effort to do so by May 17.

If you cannot submit your 2020 return by the deadline, you can apply for an automatic filing extension to October 15, 2021. The standard way to request the extension is to file IRS Form 4868 by May 17. Bear in mind that this extension applies only to FILING your return; the payment due date will remain as May 17. Failing to pay the full amount you owe on or before May 17 may result in late fees, interest or other penalties.

If you anticipate owing tax, you should estimate the amount and include payment with your Form 4868. Alternatively, if you pay your tax with a debit or credit card or use the IRS Direct Pay or Electronic Federal Tax Payment System portal (see links below), you can get the extension to complete your return by October 15 without filing Form 4868. Simply indicate that your payment is for an automatic filing extension for tax year 2020.

If you cannot pay your tax right now due to pandemic-related hardships or other extenuating circumstances, the IRS offers installment payment options that may enable you to reduce or eliminate penalties. A tax professional can help you evaluate your options or get your return filed.

IRS Direct Pay portal: https://www.irs.gov/payments/direct-pay
Electronic Federal Tax Payment System (EFTPS) portal: https://www.irs.gov/payments/eftps-the-electronic-federal-tax-payment-system
Make IRS payments with a credit or debit card: https://www.irs.gov/payments/pay-your-taxes-by-debit-or-credit-card

May 17 IRS Deadline – Pay and/or File Now to Avoid Penalties

The IRS has extended this year's deadline to May 17, 2021 for federal tax returns that were originally due on April 15. If you have not yet filed your 2020 tax return you should make every effort to do so by May 17.

If you cannot submit your 2020 return by the deadline, you can apply for an automatic filing extension to October 15, 2021. The standard way to request the extension is to file IRS Form 4868 by May 17. Bear in mind that this extension applies only to FILING your return; the payment due date will remain as May 17. Failing to pay the full amount you owe on or before May 17 may result in late fees, interest or other penalties.

If you anticipate owing tax, you should estimate the amount and include payment with your Form 4868. Alternatively, if you pay your tax with a debit or credit card or use the IRS Direct Pay or Electronic Federal Tax Payment System portal (see links below), you can get the extension to complete your return by October 15 without filing Form 4868. Simply indicate that your payment is for an automatic filing extension for tax year 2020.

If you cannot pay your tax right now due to pandemic-related hardships or other extenuating circumstances, the IRS offers installment payment options that may enable you to reduce or eliminate penalties. A tax professional can help you evaluate your options or get your return filed.

IRS Direct Pay portal: https://www.irs.gov/payments/direct-pay
Electronic Federal Tax Payment System (EFTPS) portal: https://www.irs.gov/payments/eftps-the-electronic-federal-tax-payment-system
Make IRS payments with a credit or debit card: https://www.irs.gov/payments/pay-your-taxes-by-debit-or-credit-card

Timeline Photos 05/03/2021

Claiming the Recovery Rebate Credit – Did You Know?

With the May 17 deadline to file 2020 federal tax returns rapidly approaching, many eligible Americans who don't file may risk losing out on a crucial tax credit. The Recovery Rebate Credit is offered to all taxpayers who file their 2020 returns and were underpaid when the IRS distributed 2020 Economic Impact Payments (EIPs, also called stimulus payments).

For a variety of reasons, some taxpayers may not have received the EIPs that they qualified for in 2020. Others received EIPs, but in smaller amounts than they deserved. Often, this problem occurred because the IRS had outdated information about the person's income or family size. For example, if a child was born or adopted into your family in 2020, the IRS likely did not have this information when calculating EIP amounts.

The first round of stimulus payments, called EIP1, included payments of up to $1,200 per individual and $500 per qualifying child. The IRS began sending these payments in spring 2020 and continued sending them throughout the year. The second round (EIP2) included payments of up to $600 per individual and $600 per qualifying child. Most recipients got their EIP2s in January 2021.

If the IRS underpaid you during either 2020 EIP round, the Recovery Rebate Credit enables you to receive the balance that you are owed as an IRS refund. However, you can only claim the credit by filing a 2020 tax return, even if you owe no tax and are not usually required to file.

A tax professional can help you prepare and file your return electronically so you receive your payment as quickly as possible. You will need to know the amounts of any EIPs you received, which you can get from IRS Notice 1444 (1444-A or 1444-B), or by setting up an online IRS account (link below).

Create an online IRS account: https://www.irs.gov/payments/view-your-tax-account.

Claiming the Recovery Rebate Credit – Did You Know?

With the May 17 deadline to file 2020 federal tax returns rapidly approaching, many eligible Americans who don't file may risk losing out on a crucial tax credit. The Recovery Rebate Credit is offered to all taxpayers who file their 2020 returns and were underpaid when the IRS distributed 2020 Economic Impact Payments (EIPs, also called stimulus payments).

For a variety of reasons, some taxpayers may not have received the EIPs that they qualified for in 2020. Others received EIPs, but in smaller amounts than they deserved. Often, this problem occurred because the IRS had outdated information about the person's income or family size. For example, if a child was born or adopted into your family in 2020, the IRS likely did not have this information when calculating EIP amounts.

The first round of stimulus payments, called EIP1, included payments of up to $1,200 per individual and $500 per qualifying child. The IRS began sending these payments in spring 2020 and continued sending them throughout the year. The second round (EIP2) included payments of up to $600 per individual and $600 per qualifying child. Most recipients got their EIP2s in January 2021.

If the IRS underpaid you during either 2020 EIP round, the Recovery Rebate Credit enables you to receive the balance that you are owed as an IRS refund. However, you can only claim the credit by filing a 2020 tax return, even if you owe no tax and are not usually required to file.

A tax professional can help you prepare and file your return electronically so you receive your payment as quickly as possible. You will need to know the amounts of any EIPs you received, which you can get from IRS Notice 1444 (1444-A or 1444-B), or by setting up an online IRS account (link below).

Create an online IRS account: https://www.irs.gov/payments/view-your-tax-account.

Timeline Photos 04/28/2021

Refund Amounts - Did You Know?

If your refund amount is different than stated on the filed tax return, part or all of your refund may have been used to pay off (offset) past-due federal tax, student loans, state income tax or other past-due debts.

You'll receive a notice from the IRS if such an offset occurs that will show the original tax refund amount, the offset amount, as well as the name, address and telephone number of the agency receiving the payment.

If you haven't received your refund yet, you may be able to check the status using the IRS' "Where's my Refund?" tool: https://www.irs.gov/refunds.

Refund Amounts - Did You Know?

If your refund amount is different than stated on the filed tax return, part or all of your refund may have been used to pay off (offset) past-due federal tax, student loans, state income tax or other past-due debts.

You'll receive a notice from the IRS if such an offset occurs that will show the original tax refund amount, the offset amount, as well as the name, address and telephone number of the agency receiving the payment.

If you haven't received your refund yet, you may be able to check the status using the IRS' "Where's my Refund?" tool: https://www.irs.gov/refunds.

Timeline Photos 04/26/2021

Unclaimed 2017 IRS Refunds Deadline – Did You Know?

The IRS has issued a reminder that time is running out to claim your 2017 tax refund if you did not file a 2017 federal return. The deadline to file a 2017 IRS return and claim your refund is May 17, 2021

After that date, unclaimed 2017 federal tax refunds will become the property of the U.S. Treasury. If you have not yet filed your 2017 return, file today to claim your refund before it's too late.

Unclaimed 2017 IRS Refunds Deadline – Did You Know?

The IRS has issued a reminder that time is running out to claim your 2017 tax refund if you did not file a 2017 federal return. The deadline to file a 2017 IRS return and claim your refund is May 17, 2021

After that date, unclaimed 2017 federal tax refunds will become the property of the U.S. Treasury. If you have not yet filed your 2017 return, file today to claim your refund before it's too late.

Timeline Photos 04/21/2021

COVID-Related Emergency Student Aid Not Taxable – Did You Know?

During 2020, many higher education institutions and other agencies provided emergency financial aid grants to students affected by the coronavirus pandemic. The grants helped students with costs resulting from disruptions of school operations, including expenses for housing, food, remote learning course supplies, and health and child care.

These emergency grants are NOT taxable income. Students who received them should not include the funds in their gross income on their 2020 federal tax returns. This tax exemption applies to all emergency financial aid grants that students received in 2020 from federal and state agencies, higher education institutions and other scholarship-granting organizations, including Native American tribal authorities and agencies.

These grants also do not affect a student's eligibility for the American Opportunity Tax Credit (AOTC), Lifetime Learning Credit (LLC) or education expense tax deduction. If you are a student and paid qualified tuition and school fees in 2020, you may be able to claim a credit or deduction even if you used an emergency grant to pay these expenses. Qualified students do not have to reduce their credit or deduction amount by the amount of their emergency grants.

A tax pro can help you determine whether financial aid you received in 2020 qualifies for this tax exemption, and whether you are eligible to claim an education credit or deduction.

COVID-Related Emergency Student Aid Not Taxable – Did You Know?

During 2020, many higher education institutions and other agencies provided emergency financial aid grants to students affected by the coronavirus pandemic. The grants helped students with costs resulting from disruptions of school operations, including expenses for housing, food, remote learning course supplies, and health and child care.

These emergency grants are NOT taxable income. Students who received them should not include the funds in their gross income on their 2020 federal tax returns. This tax exemption applies to all emergency financial aid grants that students received in 2020 from federal and state agencies, higher education institutions and other scholarship-granting organizations, including Native American tribal authorities and agencies.

These grants also do not affect a student's eligibility for the American Opportunity Tax Credit (AOTC), Lifetime Learning Credit (LLC) or education expense tax deduction. If you are a student and paid qualified tuition and school fees in 2020, you may be able to claim a credit or deduction even if you used an emergency grant to pay these expenses. Qualified students do not have to reduce their credit or deduction amount by the amount of their emergency grants.

A tax pro can help you determine whether financial aid you received in 2020 qualifies for this tax exemption, and whether you are eligible to claim an education credit or deduction.

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General information

Shirley's Tax Service has four locations in the River Valley. 2701 Jenny Lind, Fort Smith 1505 Fort Street, Barling 3722 North O Street, Fort Smith 3805 Alma Hwy, Van Buren Stop in today for fast friendly service for less!!

Opening Hours

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00