If you live in North Carolina, today is probably another snow day. While you are at home, this might be a good time to collect your paperwork for your taxes between sledding, taking pictures of the wonderland and shoveling your driveway. You will want to come in from the cold and take breaks to warm up with hot chocolate or a steaming cup of coffee.
Tax season officially begins on January 29 so it is not too early to get ready. Consult with your CPA to schedule a time to have your taxes done since you can be filing soon. Did you know that there is an app to monitor your refund? Check out Where’s My Refund at https://www.irs.gov/refunds to track the timing on receiving your money. According to the IRS if you e-file and do direct deposit you will receive your refund earlier and refunds on tax returns claiming the Earned Income Tax Credit or the Additional Child Tax Credit will not be issued before mid-February.
CPA Les Merritt can help you prepare both business and personal taxes. Les has been helping people get all that is allowed in their refunds for years and stays up to date with the latest changes in tax laws. The recent tax changes will not affect your 2017 taxes but will have an impact next tax year so be sure you get the most from your deductions this year while you can. After the thaw and we all return to work, remember to call Les Merritt at (919) 269-8553 to set up your appointment.
Stay safe today and enjoy the beautiful scenery.