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Re-opening under COVID-19 guidelines

We are sorry to announce that the office will be closed for face-to-face client appointments. We will be complying with State standards, as well as Federal requirements. We will open to clients as soon as possible. We have modified the office to respect the accepted social distancing, incorporate protective equipment and we will disinfect the office after each encounter. Once open please wear the required mask or face covering when entering the building.

As of now the deadline for the 2020 tax filing season, without an extension, is April 15, 2021. Please call the office when dropping off, mailing, faxing or emailing your tax documents. If dropping off there will be a locked parcel drop box outside the office door to protect your tax documents.

For pick-ups and/or drop offs we ask that you call us from the parking lot and if necessary we will provide you with further instructions. If you have any questions or concerns, please feel free to call us at (845) 496-6600.

Locate your Economic Impact Payment

The government has processed and delivered more than half of the economic impact payments (stimulus checks).  If you did not have your personal bank account information on your tax return, the government will issue you a paper check. You may be able to enter your bank account information through the IRS website, if they have not yet processed your economic impact payment.

To check the status of your economic impact payment, follow these steps:

  1. Go to the IRS.Gov website (a secure government website)
  2. Under the economic impact payments click on check your payment status
  3. From there you will see two columns. On the left, click on get my payment, and you will be prompted for the following information of the primary filer: social security number, date of birth, street address and zip code
  4. It will then tell you if your economic impact payment was processed. If it was processed, it will give you the date of which it was processed. If it was not processed, it may even allow you to enter your personal bank account information.  Have your tax return on hand, because you will need your adjusted gross income and the amount of your refund or balance due when entering bank information.

The CARES Act of 2020

Most of our clients will receive an Advance Rebate of $1200 ($2400 if MFJ) and $500 for each qualifying child (a dependent that qualified for the $2000 tax credit).

The Advanced Rebate is based on the Adjusted Gross Income (AGI) of the 2019 tax return or the 2018, if 2019 has not been filed yet.

The AGI thresholds are:                                                                               Maximum threshold:

$75,000 for Single, Married filing separately and qualifying widow           $99,0000

$112,500 for Head of Household                                                                       $136,500

$150,00 for Married filing Jointly                                                                       $198,000

The advance rebate is reduced by 5% of the taxpayer’s excess AGI over the threshold up to the maximum AGI threshold.

If the taxpayer has not filed a 2018 or 2019 return, they will receive a rebate if they receive social security or Railroad benefits.

Advance Rebates will be directly deposited if your tax return indicated direct deposit, or a check will be mailed to the taxpayer’s last known address. In the coming weeks, the Treasury plans to develop a web-based portal for individuals to provide their banking information to the IRS online, if needed.

You will need to keep track of your rebate for your 2020 tax return CARES tax credit.

For further information refer to IRS.gov/coronavirus for updates.

 

Updates Due to the Corona Virus

Under Governor Cuomo’s Workforce Reduction Rules the office will be closed for appointments until further notice.   We will continue to work with a short staff.  The tax filing due date is April 15, 2021 and failure to pay penalties will not be assessed during that period.   To better serve you during this period, paperwork can be emailed, faxed or dropped off in the mailbox outside our door,   if you need the return done sooner.

If you have any questions or need something sooner, we can be reached by calling the office.

845-496-6600

Stay well,