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Tax Return Filing Deadline

Just a reminder that we have set Friday, April 15th as our filing deadline. Why are we telling you this? Normally, April 15th is the deadline to file an individual return or a request for extension. However, the due date to file 2021 individual returns and extension requests, has been changed to April 18, 2022. This is due to the Emancipation Day holiday in Washington, D.C. This adjusted due date applies even to those who live outside of the D.C. area. With Passover beginning on April 15th, and Easter Sunday falling on the 17th, we have set a filing deadline of April 15th. All signed 8879’s will need to be returned to us and returns/extensions will need to be filed by our firm by that date.

Office Closed

We would like to thank all of our clients and friends for their support during tax season. We appreciate your business, and we thank you for recommending us to your family and friends. We also want to thank all of our employees for their hard work and dedication by rewarding them with time off to reacquaint themselves with their family and friends. Our office will be closed Friday, April 22 and will reopen Monday, April 25 with our normal business hours.

IRS Updates

FBAR Deadline - The Internal Revenue Service is reminding U.S. citizens, resident aliens and any domestic legal entity that the deadline to file their annual Report of Foreign Bank and Financial Accounts (FBAR) is April 15.

Unclaimed Income Tax Refunds – Unclaimed income tax refunds totaling almost $1.5 billion may be waiting for an estimated 1.5 million taxpayers who did not file a 2018 Form 1040 federal income tax return, but people must act before the April 18 tax deadline, according to the Internal Revenue Service.

Child and Dependent Care Credit - The Internal Revenue Service issued a filing season reminder that those taxpayers who pay expenses for the care of a qualifying person while working or looking for work may qualify for an important tax credit.